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klook Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-24-04 09:47 PM
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Linux Foe SCO May Lose Investor
Edited on Sat Apr-24-04 09:47 PM by klook
Friday, April 23, 2004
SAN FRANCISCO, California (AP) -- An investment firm threatening to withdraw its financial support of SCO Group Inc.'s Linux licensing battle wants the company to shake up its management and sharpen its focus on the potentially lucrative legal fight.

BayStar Capital Management LLC believes SCO needs to hire executives with more savvy about intellectual property cases and spend less money on its Unix products, BayStar spokesman Bob McGrath said.

McGrath said the misgivings about SCO's management and direction prompted Larkspur, California-based BayStar to demand repayment of a $20 million loan that's helping the company pay its mounting bills as it sues several major users of Linux, alleging the operating system infringes on its Unix license.
<more>

This is good news for proponents of computing freedom! Of course it's also good news for IBM and bad news for Microsoft, but I'm more interested in the open source community. And anything that trips up SCO in its bid to kill Linux is good for open source.

Also, BayStar's misgivings aren't encouraging--they want SCO to spend more energy trying to bring down Linux and less energy developing new products. How's that for a business model???

Also: German firm stalls SCO's legal machine - "A tiny German software company has thrown some sand in the gears of The SCO Group's legal machine.

Univention, a small startup in Bremen, has prevented SCO from making copyright infringement claims in Germany - Europe's largest open-source market."
<more>

Heh, heh, heh...

(edited to fix dumb HTML mistake)
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mhr Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-24-04 10:19 PM
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1. Gentoo Linux - It Rocks! Long Live The Penguin!
eom
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