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Investors fled SCO Group’s stock on Friday, voting with their feet after a federal judge gutted its lawsuit against IBM. In mid-morning trading, SCO Group (nasdaq: SCOX - news - people ) traded at $1.36, down 64 cents, or 32%. [snip] On Thursday, the judge said SCO Group had provided no evidence to support its claim that IBM (nyse: IBM - news - people ) took code from Unix, which SCO claims to have some copyrights, and added it to Linux. Read the rest here.

Red Hat general counsel, Mark Webbink has some pretty tough comments regarding last week's announcement of the Microsoft/Novell collaboration effort to promote interoperability and support between their respective platforms.Between last week and this one, it is clear that the two largest software vendors in the world perceive Linux to be at least on the same plane as they are. [Microsoft and Novell] have got to respect what we have done. Having said that, does Red Hat think either of them has taken the right approach, now that Microsoft and Novell have made 'Microvell'? They've gone off the road a bit,...

Linux leader Red Hat’s stock price recovered slightly Friday, but its market value has still dropped 30% since Oracle announced on Wednesday that it will offer lower-cost support of its applications running on Red Hat.

While it wasn't quite the Linux announcement that had been expected, Oracle Corp.'s latest move will definitely see the company butt heads with the leading distributor of the open-source operating system Red Hat Inc. Oracle will offer "full support" for Red Hat's Linux distribution to both Oracle and non-Oracle customers, Larry Ellison, chief executive officer of Oracle Corp., said Wednesday. He was giving the closing keynote at his company's OpenWorld conference in San Francisco. Ellison was widely expected to announce an Oracle-branded version of Linux. He kicked off the rumor mill about such a development back in April when he...

Red Hat ranks no. 29 on Fortune's 2006 list of the 100 Fastest-Growing Companies. The Raleigh, North Carolina-based company saw profits rise at a rate of 143% and revenues grow 47% with a stock return of 46% on average annually over the past three years. ADVERTISEMENT click here Each year, Fortune's ranking of Fastest-Growing Companies provides a snapshot of America's economy, and this year the picture is drenched in oil. Last year 18 energy firms cracked the top 100 - up from four in 2000. Now more than a third of the roster - 34 companies - are in the...

WASHINGTON (Reuters) -- IBM will build a next-generation supercomputer for the U.S. Energy Department with the potential to achieve a sustained speed of 1,000 trillion calculations per second, or one petaflop, the department said on Wednesday. The new computer, dubbed "Roadrunner", will be built at the Los Alamos National Laboratory in New Mexico. Congress provided $35 million in fiscal 2006, which ends on September 30, to launch the computer project. Roadrunner may eventually be used for an Energy Department program that ensures the U.S. stockpile of nuclear weapons is safe and reliable without the resumption of underground testing, the department...

Novell chief technology officer (CTO) Markus Rex has hit back at criticism the company included an "unstable" Xen virtualisation environment in its new Linux server, pointing to support from hardware partners. At Novell's Sydney office on Thursday, Rex responded to claims by Linux competitor Red Hat that Xen was not stable enough to be deployed in enterprise environments. Novell has claimed to be the first vendor to include Xen in its Linux distribution, SUSE Linux Enterprise Server. Xen, primarily developed by US-based start-up XenSource, allows users to run multiple operating systems as guest virtual machines on the same hardware. "If...

Windows 2003 Server is a more reliable server operating system than Linux, a research firm said Monday. According to the Yankee Group's annual server reliability survey, only Unix-based operating systems such as HP-UX and Sun Solaris 10 beat Windows on uptime. Windows 2003 Server, in fact, led the popular Red Hat Enterprise Linux with nearly 20 percent more annual uptime.

The Dogtail and Autobuild automated certification and testing tools will be offered to customers as part of Fedora initially, but could become a commercial value-added service in the future, Red Hat's CEO said at a conference this week. Red Hat is on track to ship its Enterprise Linux 5 by the end of the year but certification, testing and standardizing the testing process have become more important to customers than the operating system, its CEO said. At Red Hat Summit in Nashville, Red Hat CEO Matthew Szulik said Fedora Core 6 -- the open source precursor to Red Hat Enterprise...

Oracle is studying whether to launch its own version of the Linux operating system and has looked at buying one of the two companies currently dominating the Linux world, according to Larry Ellison, the software company’s chief executive officer. Such a move would redraw the software landscape and open a new front in Oracle’s long rivalry with US rival Microsoft. In an interview with the Financial Times, Mr Ellison said that Oracle wanted to sell a full “stack” of software that, like Microsoft, included both operating system and applications. “I’d like to have a complete stack,” he said. “We’re missing...

Red Hat Signs Definitive Agreement to Acquire JBoss Open source leaders agree to join to drive down the cost of developing and deploying web-enabled applications RALEIGH, NC - April 10, 2006 - Red Hat (NASDAQ: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that it has entered into a definitive agreement to acquire JBoss, the global leader in open source middleware. By acquiring JBoss, Red Hat expects to accelerate the shift to service-oriented architectures (SOA), by enabling the next generation of web-enabled applications running on a low-cost, open source platform. "It is at Red...

Michael Dell, chairman of Dell Inc. believes in offering Linux on the desktop, server, and workstation. What he doesn't believe in, for now, is giving Linux full support on the desktop. In an exclusive interview, Dell explained his company's Linux desktop strategy to DesktopLinux.com's Steven J. Vaughan Nichols. "People are always asking us to support Linux on the desktop, but the question is: 'Which Linux are you talking about?'," Dell asked.

Hewlett-Packard has announced that it will certify Red Hat Enterprise Linux (RHEL) 4 as the preferred operating system for its new AdvancedTCA Blade Server, which the company debuted last week at the 3GSM World Congress. The new blade server is HP's most recent addition to its Advanced Open Telecom Platform (AOTP) blueprint, a line based on the Advanced Telecom Computing Architecture (ATCA) industry standard created by the PCI Industrial Manufacturer's Group (PICMG). The AOTP is HP's suite of hardware, carrier-grade Linux, and software that supports the ATCA standard. HP's bh5700 server is a shelf-management subsystem with a 14-slot backplane made...

Server virtualization and cost reduction are Red Hat customers' top wants today, says Red Hat CTO Brian Stevens. His team plans to deliver both by delivering commoditized virtualization in Red Hat Enterprise Linux 5.0 (RHEL5), the company's upcoming new Linux distribution release. What close-to-release technologies does Red Hat have in the works? Brian Stevens: We're in the middle of our development cycle for our next major release. When you build a major release, you have the opportunity to write to do more compelling technology solutions. What's driving IT is right now is getting ready for the commoditization of virtualization solutions....

NEW YORK--The Nasdaq Stock Market on Friday announced changes to its widely watched Nasdaq-100 Index--comprised of the hundred biggest non-financial companies trading on the Nasdaq--as 12 high flyers such as Google replaced laggards such as Sanmina-SCI. Besides Google, whose shares have soared 113 percent this year, the companies said to joining the index were: Activision, Cadence Design Systems, CheckFree, Discovery Holding, Expedia, Monster Worldwide, NII Holdings, Nvidia, Patterson-UTI Energy, Red Hat and Urban Outfitters. The changes, effective at the start of trading Dec. 19, are good news for shareholders in those companies, since many fund managers who track or try...

The $100 laptop designed by the Massachusetts Institute for Technology (MIT) and the One Laptop Per Child (OLPC) association, previewed at the World Summit on the Information Society (WSIS) conference in Tunisia last week, will be using a Redhat Linux variant as its operating system. The lime-green laptop, which uses a 500Mhz AMD processor and has 1GB Flash RAM instead of a hard drive, will only use open source software, despite an offer from Apple for it to use Apple's OS-X operating system for free. The laptop is still in development, and it is estimated that the screen alone (currently...

RALEIGH, N.C.--(BUSINESS WIRE)--Oct. 18, 2005--Red Hat (NASDAQ: RHAT - News), the world's leading provider of open source to the enterprise, announced today that Bob Young, co-founder and former executive of Red Hat, has decided to resign from the Red Hat Board of Directors. Young, who founded the company in 1993, served as an executive at Red Hat until 1999. Since then he has been a member of Red Hat's Board of Directors. Young plans to focus on the growth of Lulu.com, an online independent publishing marketplace started in 2002. "In a funny way, my resignation is perhaps the finest compliment...

Both Gartner and IDC, in recent reports, have said that a majority of software vendors will shift from upfront license revenue to long-term subscription revenue models by 2008. Currently, subscription revenue is estimated to account for less than 10 percent of the industry's revenues. Microsoft, the world's largest product company, has, however, refused to play ball.

IBM (NYSE: IBM - news) and Red Hat (Nasdaq: RHAT - news) have announced a joint initiative aimed at accelerating the development and adoption of Linux-based products in emerging markets like China, India, Russia and Korea. The two companies will provide software developers with implementation services, expertise and technical resources to help them certify new applications for IBM and Red Hat software. According to IBM, the program will give developers greater ability to build standards-based products that will not lock customers into proprietary operating environments. Penguin March In unveiling the initiative, IBM noted that a shift is occurring in emerging...

Red Hat is making hay from a report on system security vulnerabilities that apparently gives Red Hat Enterprise Linux (RHEL) a clean bill of health. A SANS Institute report has identified 20 top internet vulnerabilities of which only two affected RHEL, Red Hat said. According to Red Hat, patches have already been issued via the Red Hat network. Red Hat claimed the report proves RHEL subscribers were less susceptible to network security holes than users of other platforms. The statement, though, is apparently a repost to studies backed by Microsoft, designed to “prove” Windows is more secure than Linux and...