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Open Source

Submission + - Can Proprietary Language Teams Succeed by Going Open Source? (kickstarter.com)

JerkyBoy writes: RunRev maintains the proprietary LiveCode programming environment. Those familiar with HyperCard on the Mac would feel quite at home using the environment to produce simple applications, and possibly more, although the programming language it incorporates has a few significant shortcomings (e.g., true object orientation). But it is a very versatile environment, currently claiming support for Windows, Mac, Linux, iOS, Android, and server-side scripting. For us NOOBs who could never find the time to learn C++ and something like the wxWidgets or QT toolkits, it seems like a pretty good deal. Recently RunRev has done something interesting, however, and that is to create a Kickstater campaign to move the environment to open source (~500K lines of code, ~700 files). The way that they describe it, it sounds like there will be a commercial version and an open-source version of the environment (hopefully not cripple-ware), and they are asking for money to do this. But I want to know, what are their chances of success with this model? How in the world can they make enough money to maintain their programmers and overhead while giving the environment away? In other words, if a company like RunRev announces that they are moving to an open-source model, should you become more interested or less interested in their product?
Microsoft

Microsoft Raises $3.8B in Bond Sale 437

pfleming writes "Microsoft quietly, or not so quietly, raised some cheap cash in bond sales yesterday. For a company that already has a huge cash war chest and doesn't carry debt, what is the incentive to sell nearly $4 billion in bonds? From the article: 'Microsoft is sitting on $25 billion in cash, so the company doesn't need the bond proceeds "unless they have something big in mind," says Reena Aggarwal, professor of finance at Georgetown University's McDonough School of Business.'"

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