'Linux' Foundation, While Hoarding Over $200,000,000 Per Year, Calls Itself 'Non-Profit'
Dr. Roy Schestowitz
2022-10-02 03:08:47 UTC
Modified: 2022-10-02 03:18:57 UTC
Less than 1% of that money goes to the Linux trademark holder and almost nothing (less than a minuscule 5%) goes to the community which develops GNU/Linux (more money is spent on the fancy/vanity misguided office where almost nobody uses GNU/Linux)
Summary: This video (10:55-11:28 above), which was published a few weeks ago, gives insight into how much money the Linux Foundation and its proxies raise per year while paying Jim Zemlin probably about $1.4 million per year already (because it's all so charitable)
This story isn't just about Microsoft. It's also about corruption, there are many women victims, there is abject "abuse of process", and many more scandals to be illuminated in years to come.
"The key change in this year’s Actuarial Study, due to cascading the new “risk appetite” from the financial study, is a significant increase of the total pension contribution rate of 5.7 percentage points, up to a total of 37.8%. This is driven by an unprecedented decrease in the discount rate of 105 bps down to 2.2%."
Some publicly available information suggests that even for each paid subscriber for plagiarism (LLM 'coding') GitHub Copilot still loses more money than it makes