Software Application Vendor Openbravo Secures $12m in the Largest Ever Round
for Open Source ERP
,----[ Quote ]
| Openbravo has developed open source software for enterprise resource planning
| (ERP), specifically for small and mid-sized enterprises (SME), where market
| adoption of ERPs is still low since proprietary players have traditionally
| underserved this market.
`----
http://www.earthtimes.org/articles/show/software-application-vendor-openbravo-secures,398375.shtml
Recent:
VC funding for open source hits an all-time high
,----[ Quote ]
| Incidentally, total funding to date stands at $2.64bn.
`----
http://blogs.the451group.com/opensource/2008/04/01/vc-funding-for-open-source-hits-an-all-time-high/
Open-source venture investing hits an all-time high
,----[ Quote ]
| Just when you thought venture interest in open source was quieting down,
| along comes the biggest quarter in open source's (still young) history:
| $203.75 million raised, as reported by The 451 Group. This trumped the
| previous record of $193.6 million from Q4 2006.
`----
http://www.news.com/8301-10784_3-9907679-7.html?part=rss&tag=feed&subj=NewsBlog
No Recession at Red Hat
,----[ Quote ]
| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that
| corporate customers and the industry benefit from what he called Red
| Hat’s “Switzerland status” — not being a province of one of the major powers
| in the technology industry.
`----
http://bits.blogs.nytimes.com/2008/03/27/no-recession-at-red-hat/
Microsoft stock drops amid slumping sales
,----[ Quote ]
| Microsoft Corp., whose Windows software dominates the personal-computer
| market, fell 6.2 percent Fridayin Nasdaq trading after sales slumped, casting
| doubt on whether PC demand can hold up in a slowing economy. The software
| maker reported a 24 percent drop in sales of Windows last quarter and
| forecast earnings that may miss analysts' estimates.
|
| [...]
|
| "The risk is that Linux gets a foothold and then affects their long-term
| revenue significantly."
`----
http://www.sltrib.com/business/ci_9061263
Microsoft Profit Drops; Forecast May Miss Estimates
,----[ Quote ]
| The world's biggest software maker said sales of Windows for PCs sank 24
| percent and revenue from its online advertising unit came in at the low end
| of its projections. Microsoft's report contrasted with positive comments from
| chipmaker Intel Corp. and computer company International Business Machines
| Corp.
|
| [...]
|
| Microsoft declined $1.60 to $30.20 in extended trading after closing at
| $31.80 at 4 p.m. New York time on the Nasdaq Stock Market. The stock has
| fallen 11 percent this year.
`----
http://www.bloomberg.com/apps/news?pid=20601087&sid=aQ7_iN1SxJ.c&refer=worldwide
Microsoft sees slide in profits
http://news.bbc.co.uk/1/hi/business/7366106.stm
|
|
