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1

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

2

'Critical employees will begin to retire': Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch

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New LA Angels owner Stan Kroenke is quietly America's largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

Red Hat takes on the recession

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Michael V. Copeland
Michael V. Copeland
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By
Michael V. Copeland
Michael V. Copeland
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August 21, 2009, 10:57 AM ET
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The open source revolution may have yet to happen, but with company budgets on the line, change is in the air.

Remember about five or six years ago when the open source software movement was going to beat the stuffing out of software giants like Microsoft (MSFT), Oracle (ORCL) and Sun (JAVA)? That hasn’t exactly happened.

Only one company, Red Hat (RHT) took the open source approach: Hundreds (if not thousands) of volunteers work on a piece of software — in this case the Linux operating system for the corporate world — develop it in a money-generating subscription package, and turn it into a large enough business to go public.  Read more about Red Hat here.

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By Michael V. Copeland
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