Posts tagged “Linux”
Despite seeing its share price drop following its Q3 earnings report, Red Hat's sales and channel investments mean the company is "poised for success," a Technology Business Research analyst says.
Red Hat stock plunged 13 percent after its earnings report and news that its chief financial officer is leaving. Red Hat needed to crush analyst estimates of its third quarter 2017 earnings, and while posting respectable numbers, did not do it.
Red Hat, the world's largest open-source Linux software company, will report third quarter earnings after the bell Wednesday. What's at stake for the company?
Will future computers rely more on memory than processors? HP Enterprise thinks so. Meet "The Machine," which CEO Meg Whitman touts as the future of computing with machines that are "memory driven" rather than processing. "We believe this has the potential to change everything," she says.
Raleigh-based Red Hat Inc. and Ericsson have announced what they call "a broad alliance to deliver fully open source and production-ready cloud infrastructure, spanning OpenStack, software-defined networking (SDN) and software-defined infrastructure (SDI).
Shares in Raleigh-based Red Hat climbed 6 percent in after-hours trading Wednesday after the open source giant beat Wall Street expectations for revenue and earnings. CEO Jim Whitehurst says big deals help drive growth.
The penguins are marching against Lenovo, and the world's No. 1 PC manufacturer is trying to calm a controversy on the net among Linux users. The company insists it is not intentionally blocking Linux installations on some new PCs.
Jim Whitehurst didn't take the stage in a robe and sing/dance with a choir as his predecessor Matthew Szulik once did, but the Red Hat CEO did evangelize on the need for "open source" development in business as well as in communities. Yes, it was Red Hat Summit week. Here's a review.
Engineers at Red Hat and Google have discovered what is termed a "critical" flaw in Linux and "remote code execution is possible." The companies are recommending that Linux users - including numerous versions of Red Hat Enterprise Linux - fix the bug immediately. Google calls the joint discovery of the bug "an amazing coincidence."
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.