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09.25.11

Links 25/9/2011: Kernel.org Status, OpenShot 1.4

Posted in News Roundup at 5:34 am by Dr. Roy Schestowitz

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Contents

GNU/Linux

Free Software/Open Source

Leftovers

  • No Brass Ring on HP’s CEO Carousel
  • Analysis: Whitman’s Tenure At HP Must Include Open-Source Investment

    Of all the priorities Meg Whitman now must face as Hewlett-Packard’s CEO — and HP has many priorities — deep and long commitment to open-source technology must be near the top of the list.

    HP’s software business is simply not a strength for the Palo Alto, Calif.-based company — whether it’s on the desktop, the server, the data center or in the cloud. Perhaps the best piece of software that comes from HP is its Universal Print Driver, which is actually a powerful piece of software but not exactly positioned in the IT industry’s growth areas.

  • Finance

    • Goldman Sachs Could Be Headed Toward First Loss Since Financial Crisis

      Growing concerns about the weakness of economic growth around the world are increasingly dimming prospects for American financial institutions, amplifying risks of spiraling troubles.

      Even Goldman Sachs, the well-known investment bank, now could be headed toward recording its second quarterly loss in a dozen years — its first quarterly loss since the financial crisis — according to a report in The Wall Street Journal. The bank’s lower earnings prospects have been taken by experts as a sign that Goldman is pulling back from taking risks. In the immediate term, a cutback in financial activity by Goldman and other banks is likely to drag on the struggling American economy, as more businesses and consumers find it harder to secure credit needed to make purchases.

    • The men who crashed the world

      Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place.

      Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced ‘light touch regulation’ – giving bankers a free hand in the marketplace.

    • The Social Contract

      Meanwhile, over the same period, the income of the very rich, the top 100th of 1 percent of the income distribution, rose by 480 percent. No, that isn’t a misprint. In 2005 dollars, the average annual income of that group rose from $4.2 million to $24.3 million.

  • Intellectual Monopolies

    • Copyrights

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