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Businesses

Why No Billion-Dollar Open Source Companies? 487

Posted by Soulskill
from the free-as-in-give-us-money dept.
Glyn Moody writes "If open source is such a success, why aren't there any billion-dollar turnover open source companies? A recent briefing by Red Hat's CEO, Jim Whitehurst, to a group of journalists may provide an answer. Asked why Red Hat wasn't yet a $5 billion company, as he suggested it would be one day, he said getting Red Hat to $5 billion meant 'replacing $50 billion of revenue' currently enjoyed by traditional computer companies. If, as is likely, that's generally true for open source companies, it means they will need to displace around $10 billion of proprietary business in order to achieve a billion-dollar turnover. Few are likely to do that. Perhaps it's time for managers of open source startups to stop chasing the billion-dollar dream. If they don't, they will set unrealistic ambitions for themselves, disappoint their investors, and allow opponents of free software to paint one of its defining successes — saving money — as a failure."
Microsoft

Will Steve Ballmer Speak At WWDC Keynote? 280

Posted by CmdrTaco
from the stranger-things-have-happened dept.
truthsearch writes "An analyst reports that not only will CEO Steve Jobs return to Apple's Worldwide Developer Conference stage — he missed last year for medical reasons — but he will be joined there by Microsoft CEO Steve Ballmer. Global Equities Research analyst Trip Chowdrey said that Microsoft has been given seven minutes during Jobs' keynote to talk about Visual Studio 2010. Chowdrey said that a new version of the development tools software will support native applications for the iPhone, iPad, and Mac OS." Update: 05/27 19:17 GMT by T : As reader theappwhisperer points out, Microsoft has responded to this rumor via the company's Twitter feed with an unequivocal No.
Television

Lost Ends 955

Posted by CmdrTaco
from the talk-amongst-yourselves dept.
Unless you live in a hatch somewhere, you are probably aware that Lost has ended. If you want a simple, clear explanation of exactly how the series resolved, Lost Untangled will do nothing to clarify things for you. For everyone else, I provide this discussion thread for you to complain/revel in the most spoiler-laden manner you desire.
Security

A Developers Security Bugs Primer 35

Posted by CmdrTaco
from the important-stuff-here-people dept.
CowboyRobot writes "ACM Queue's current issue on Open Source Security includes a short article by Eric Allman of Sendmail on how to handle security bugs in your code. "Patch with full disclosure. Particularly popular in the open source world (where releasing a patch is tantamount to full disclosure anyway), this involves opening the kimono and exposing everything, including a detailed description of the problem and how the exploit works... Generally speaking, it is easier to find bugs in open source code, and hence the pressure to release quickly may be higher.""

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