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March 28, 2012
18:06 • 1 year ago
Red Hat becomes the world’s first billion-dollar Linux developer
With $297 million in sales in the fourth quarter alone, Red Hat became the first open-source company in history to post over $1 billion in revenue for a single fiscal year on Wednesday. Unlike rival developers like Canonical, which releases its “Ubuntu” Linux distribution for free, Red Hat uses an annual subscription model for distribution of its creations. That model allows for more accurate revenue projections, giving the company the ability to project that they’d hit $1 billion in revenues way back in June of last year.  (Photo by Jared Smith) source
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With $297 million in sales in the fourth quarter alone, Red Hat became the first open-source company in history to post over $1 billion in revenue for a single fiscal year on Wednesday. Unlike rival developers like Canonical, which releases its “Ubuntu” Linux distribution for free, Red Hat uses an annual subscription model for distribution of its creations. That model allows for more accurate revenue projections, giving the company the ability to project that they’d hit $1 billion in revenues way back in June of last year.  (Photo by Jared Smith) source

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February 22, 2012
22:45 • 1 year ago

After months of rumors, Canonical has unveiled Ubuntu for Android, a version of the ultra-popular Ubuntu Linux kernel that boots from Android mobile devices. We’ll let the video do the rest of the talking. source

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December 3, 2011
18:00 • 1 year ago

  • growth Over the years, Mozilla’s open-source Firefox browser grew from nothing to provide a solid secondary option to Microsoft’s once-dominant Internet Explorer. It funded itself in large part from a multi-year deal it made with Google to make their search the default, allowing Mozilla to grow quickly.
  • hindrance However, since they made the last deal in 2008, a strange thing started happening — Google created a browser of its own, Chrome, that quickly ate its own share of the market. It’s now tied with or ahead of Firefox. So … will Google renew the deal with Mozilla? Do they need to? source

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October 7, 2011
18:06 • 1 year ago
 

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