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Wall Street meltdown linked to 'outsourcing' of regulation to private code
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| Researcher argues for open sourcing of risk models to improve financial
| codes, boost transparency
|
| The full depth of IT's involvement in Wall Street's meltdown is unknown, but
| one plan to stop it from happening again calls upon a growing IT trend: open
| source.
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http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9116738&intsrc=hm_list
MSFT down about 3% yesterday. It's just about lowest value in about a decade,
despite the massive buybacks (since 2006), which have it approach debt.
Recent:
Stay secure despite crunch
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| Open source software packages are another option from companies who want to
| reduce the cost of their IT security. There are numerous examples of
| open-source security products that are used by businesses around the world.
| Clam AB is a well regarded anti-virus package.
|
| According to Gavin Henrick from open source consultancy Enovation, Clam AB is
| a viable option for Irish firms looking for an alternative to
| subscription-based products like Norton Anti-Virus. Similarly, Snort is a
| popular open source network intrusion prevention and detection system.
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http://www.sbpost.ie/post/pages/p/story.aspx-qqqt=COMPUTERS+IN+BUSINESS-qqqs=computersinbusiness-qqqid=36317-qqqx=1.asp
Open source in a time of recession
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| Something new will emerge from this recession but open source enters it on a
| fairly mature level. The legal framework and values of it are established.
| There are serious open source players.
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http://blogs.zdnet.com/open-source/?p=2972
Can Ruby, Rails Make Developers Shine in a Downturn?
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| Will specialty coding skills help developers ride out the financial crisis?
| Some say environments like Ruby and Ruby on Rails may enable developers to
| fare better in times of financial stress because they can do more with less
| and be more productive. Others say that argument is a stretch.
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http://www.eweek.com/c/a/Application-Development/Can-Ruby-Rails-Make-Developers-Shine-in-a-Downturn/
What Will Economy Do to Open Source?
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| In a tough economy, it’s no surprise to see more stories about CIOs who want
| to do more with less and those who are looking to open source to do that.
| After all, it is “priced right” as Linux Foundation executive director Jim
| Zemlin told eWEEK recently.
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http://www.itbusinessedge.com/blogs/osb/?p=461
Open Source To The Rescue In Hard Times
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| It's a spiel that makes a lot of sense on the face of it. Switch to open
| source and you'll not only save money (who doesn't want to do that?) but
| guard yourself against the unexpected repercussions of these financially grim
| days.
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http://www.informationweek.com/blog/main/archives/2008/10/open_source_to.html
The free software ecosystem and its denizens
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| Free software is a remarkable phenomenon. It is a highly evolved form of
| collaboration: compared to other creative endeavors, free software developers
| all over the world are able to work together on a project with surprisingly
| little friction. It is a grassroots political movement which has grown from
| small online communities to span geographical and national boundaries. It is
| a multicultural social group with unique and diverse characteristics. It has
| spawned a variety of self-governing organizations and successful
| corporations.
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http://mdzlog.wordpress.com/2008/10/07/free-software-ecosystem/
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