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Bankruptcy trustee skeptical as SCO punts on reorg plan
A private equity firm that was prepared to fund SCO's reorganization
is now having second thoughts. According to a memorandum of
understanding that was revealed to the public in February, Steve Norris
Capital Partners (SNCP) had tentatively offered to buy $5 million in
stock and supply a $95 million loan for paying creditors and
resurrecting the company. SNCP has now backed out of the plan and is
instead negotiating a buyout of SCO assets.
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Posted by linuxwiz on Friday, April 04 2008 @ 07:43:28 EDT (73 reads)
(Read More... | 2974 bytes more | comments? | Score: 0) |
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ISO approval: A good process gone bad
You may have read our background article about ODF and OOXML
and why Red Hat believes OOXML should not be approved as an ISO
standard. This time, we focus on how the standardization process has
been compromised at ISO.
ISO’s JTC-1 directives were designed to provide a fair,
consensus-based way to design standards that are portable,
interoperable, and adaptable to all languages and cultures. The OOXML
proposal has suffered from two basic problems: (1) voting
irregularities, and (2) the use of a fast-track process for a complex,
new, large specification that has not received adequate industry
review. The resulting specification was driven almost exclusively by
one vendor, has not achieved industry consensus, and has had thousands
of issues logged against it, largely due to issues involving
implementability, portability, and interoperability. Although
resolutions have been proposed for many of the issues that have been
raised, there is virtually no time to review these resolutions to
determine whether they fix the problems. And the voting irregularities
have raised serious issues with the fairness of the process.
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Posted by linuxwiz on Tuesday, April 01 2008 @ 13:28:09 EDT (94 reads)
(Read More... | 7284 bytes more | comments? | Score: 0) |
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Is Microsoft really any more trustworthy?
Lately, Microsoft has been trying
really, really hard to appear as open source's best friend. All I can
say is: "With friends like these, who needs enemies?"
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Posted by linuxwiz on Tuesday, April 01 2008 @ 08:19:37 EDT (92 reads)
(Read More... | 3228 bytes more | comments? | Score: 0) |
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Update: McBride ousted at SCO, lawsuits to continue
Lindon (UT) – The SCO Group plans to emerge from Chapter 11
soon and revealed that not only will it modify its business strategy
towards mobile products, it will also replace chief executive officer
Darl McBride and pick up the Linux and Unix license lawsuits against
IBM and Novell.
The new owner of The SCO Group, investment firm Stephen Norris Capital
Partners (SNCP), is planning to open a new chapter in SCO’s Linux
lawsuit history, which started back in March of 2003 when the company
filed a $1 billion suit against IBM. As part of its plan organization,
SCO announced that it will appeal the proceedings, which will begin
with an appeal against a key decision in favor of Novell from August 10, 2007, which also impacts the lawsuit against IBM.
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Posted by linuxwiz on Thursday, March 06 2008 @ 07:36:13 EST (151 reads)
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SCO CEO likely will be forced out of job
Darl McBride said Monday he
regrets that he is being pushed out as CEO of The SCO Group software
company but not his decision to sue IBM and Novell, lawsuits that led
to the company's bankruptcy and ultimately his departure.
McBride will no longer be CEO of the Lindon-based company if a
bankruptcy judge approves the company's reorganization plan that aims
to bring in new owners.
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Posted by linuxwiz on Tuesday, March 04 2008 @ 20:24:16 EST (132 reads)
(Read More... | 3614 bytes more | comments? | Score: 0) |
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Microsoft's pseudo-open source: open trap for open-source developers?
If you believe some of the headlines, Microsoft just open sourced a
bunch of software related to its .Net libraries. Don't be fooled. The definition of open source is very clear. This is not open source. Not even a little bit. In fact, this may actually be an insidious trap (more on that below).
Will Hurley captures the move accurately:
Is .NET open source now?...The license indicates that
developers can "see" the source code, but Microsoft's not providing any
means of copying it. If a developer finds a bug in the code, rather
than fixing it themselves and submitting a patch to the community
they'll be encouraged to submit feedback via the product feedback
center. They're showing us the man behind the curtain, but we're not
allowed to speak to him in person just yet. We're still stuck with the
giant, disembodied green head. And since community involvement is
essential to most open source efforts, well....
In other words, it's not open source. But is it good for developers, anyway?
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Posted by linuxwiz on Wednesday, October 03 2007 @ 18:57:35 EDT (329 reads)
(Read More... | 3137 bytes more | comments? | Score: 0) |
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Old Articles
| Friday, December 28 2007 @ 11:47:17 EST | | · | NASDAQ Gives SCO The Boot |
| Monday, December 10 2007 @ 19:52:18 EST | | · | Microsoft Tight-Lipped On Unix Ownership Question |
| Sunday, November 25 2007 @ 14:43:04 EST | | · | Microsoft FUDwatch: Windows vs. Linux security |
| Wednesday, October 03 2007 @ 18:57:35 EDT | | · | Microsoft\'s pseudo-open source: open trap for open-source developers? |
| Thursday, September 20 2007 @ 13:33:44 EDT | | · | SCO Blames Linux For Bankruptcy Filing |
| Tuesday, September 18 2007 @ 17:19:43 EDT | | · | SCO says there is \'substantial doubt\' it will survive |
| Monday, August 13 2007 @ 07:43:44 EDT | | · | Big \'No\' To SCO |
| Thursday, February 22 2007 @ 09:27:30 EST | | · | Ballmer repeats threats against Linux |
| Friday, February 16 2007 @ 11:57:24 EST | | · | Novell vows to keep fighting Microsoft 'juggernaut' |
| Friday, February 16 2007 @ 07:49:00 EST | | · | SCO to Pamela Jones: please call |
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