Posts tagged “Linux”
Red Hat Inc. (NYSE:RHT) reported second-quarter earnings of $51.4 million, or 47 cents cents a share, up from $46.8 million and 41 cents a share in the same period last year, topping analyst expectations of 44 cents a share.
Frank Calderoni, a long-time financial executive and chief financial officer at Cisco, could have had his pick of tech jobs after leaving the networking giant last year. So why did he pick Raleigh-based Red Hat, which is a long way from Silicon Valley? He cites many reasons in an exclusive interview with WRAL TechWire.
Analysis: IBM creates international media attention and industry buzz with the unveiling of new mainframes targeting Linux. Mainframes are a rare bright spot for Big Blue in hardware, and the new LinuxONE program has a big upside, believes analyst Stephen Belanger of Technology Business Research.
Big Blue is rolling out new mainframes focusing on open source Linux, a sure sign that hardware isn't quite dead at IBM. Mainframes remain a profit center even as IBM has shed in recent years its PCs, printers, point-of-sale and x86 server businesses as well as semiconductors.
Shares in Red Hat haven't been this hot since the go-go days of the "dot com" boom when the company went public and its shares soared to $105. On Thursday, shares soared 11 percent to a new 52-week high of $76.70 after a strong earnings report on Wednesday. And Wall Street analysts are impressed.
Red Hat delivered another quarter of revenue growth in 4Q14, increasing a reported 15% from the year ago quarter to $456 million. This marks the 11th straight quarter of year-to-year revenue growth for the vendor. So what's driving growth? Technology Business Research analyst Andrew Smith offers his detailed insight.
The Red Hat of today is a far cry from the still-small team of entrepreneurs that unveiled 20 years ago what would evolve into Red Hat Enterprise Linux. Not only is RHEL one of the most widely used support platforms on Wall Street, it is also a global brand. Red Hat veterans remember the "Halloween" release 20 years ago.
Facebook and Red Hat made appeals to other technology companies to further embrace Open Source and recruit more women at the All Things Open Conference. While Facebook adds IBM, Microsoft and Yahoo to its OS group, Red Hat's chief people officer calls for more women to get involved in technology - period. WRAL TechWire's Allan Maurer has the details for our Insiders.
When you start a company with a product or service to sell, Bob Young, co-founder of Red Hat and Lulu.com, told a packed room at the All Things Open conference at the Raleigh Convention Center: "You don't sell a product's features, you sell benefits." He also offers more advice. What is it? WRAL TechWire's Allan Maurer has the details for our Insiders in this exclusive report.
Inside the All Things Open conference: Open source software is on the rise even in enterprise settings, Forrester Research analyst Jeffrey Hammond told a packed room as the All Things Open conference got under way at the Raleigh Convention Center on Wednesday. WRAL TechWire's Allan Maurer has the details for Insider subscribers.
Many of the world's top open source experts converge on Raleigh Wednesday and Thursday Oct. 23-24 for the second All Things Open Conference. Speakers include James Pearce, head of Open Source at Facebook, Dwight Merriman, co-founder of MongoDB and DoubleClick, and Jonathan LeBlanc, Emmy award-winning software engineer and head of developer evangelism at PayPal.
Red Hat says a malware attack exploiting vulnerabilities it disclosed last week and now known as "bash bug" and "shellshock" is underway. The company is telling firms to make sure their systems are "fully patched" to defeat the attack. Meanwhile, Red Hat also updates its patches which it knows says were "incomplete."
Internet security experts are warning that a new programming flaw known as the "Bash Bug" may pose a serious threat to computers and other devices such as home Internet routers. Even the systems used to run factory floors and power plants could be affected. So, is it time to panic? Here are some common questions and answers about the latest security scare.
Remember the "Heartbleed" security scare earlier this year? Well, just in time for Halloween, an even bigger nightmare has surfaced - and it threatens the "Internet of Things" from cameras to networks, a security expert warns. Red Hat disclosed the "bash bug" on Wednesday.
Red Hat, which is shifting its focus over time away from Linux solutions to cloud-based computing, will continue its transition without Chief Technology Officer Brian Stevens. Red Hat says Stevens is resigning, but tech news service ZDnet says "staffers suspect friction in the executive suite."
Analysis: Red Hat improves cross-sales execution and hones in on ecosystem engagement for diversified growth. With a focus on Linux evolution and OpenStack monetization, Red Hat will deliver double-digit revenue growth through 2015.
Red Hat's latest earnings report tops Wall Street analysts expectations in both revenue - by nearly $10 million - and earnings per share - 34 cents rather than 33 cents as projected. Shares immediately jumped nearly 4 percent in after-hours trading.
Wednesday's $95 million deal to buy Paris-based eNovance commits Red Hat even more deeply to OpenStack "cloud computing" solutions as its bet for the future. Two Red Hat executives spell out the reasoning for the deal in a WRAL TechWire Insider exclusive.
Microsoft tops Cisco; Ubuntu beats Red Hat; 'conflict minerals' in RTP; new Fedora leader; smart home interest grows
The Bulldog wrapup: In a new survey, Microsoft tops Cisco for the first time in collaboration-related sales; Ubuntu leads in OpenStack, not Red Hat; tracking conflict minerals in RTP; a new Fedora Project leader; 43% of homes with broadband eye smart home services.
Analysis: Inktank's Ceph Enterprise platform positions Red Hat to enable the full range of software-defined object, block and file storage on commodity hardware -- building on Red Hat's October 2011 acquisition of open-source scale-out public and private cloud storage platform provider Gluster.