Red Hat posts higher 2Q profit, sales

Red Hat Inc., the software distributor behind the Linux operating system, said Wednesday its fiscal second-quarter profit grew as companies opted for its source products amid the economic downturn.

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CIT Group falls off S&P 500 index

Standard & Poor's is replacing the struggling CIT Group Inc. with software maker Red Hat Inc. in the S&P 500 index.

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Red Hat tops Street view with 4Q earnings

Red Hat Inc. posted a smaller profit for the fourth quarter Wednesday but topped Wall Street forecasts, boosting shares in after-hours trading.

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Red Hat 3Q up 20 pct, but revenue below estimate

Red Hat Inc. on Monday reported a 20 percent increase in profit for the third quarter as budget-conscious companies opted for the software provider's open-source Linux operating system over more expensive proprietary systems.

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Red Hat climbs after Jefferies upgrade

Shares of Red Hat Inc. climbed Thursday after a Jefferies analyst upgraded the software distributor, noting its 100 percent recurring revenue stream, which puts it in a good position to weather the 2009 "spending storm."

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Red Hat profit climbs almost 7 pct in 1Q 2009

Red Hat Inc. said Wednesday its first-quarter 2009 profit rose 6.6 percent as the software distributor posted an increase in sales led by growth in software-subscription deals.

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Red Hat Earnings Rise 7 Percent

Red Hat Inc. said its fourth-quarter profit rose 7 percent as the software distributor worked to expand the footprint of its open source products with costly internal investments.

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Red Hat CEO Targets Oracle, Microsoft

Red Hat Inc. CEO Jim Whitehurst said Friday — his fourth day on the job — that he's angling for a showdown with two tech titans in what he describes as a struggle to protect information sharing in software development.

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Red Hat Shares Jump 10 Percent

Shares of Red Hat Inc. jumped 10 percent Friday, one day after the open source software distributor announced a rise in third-quarter earnings and the appointment of a new chief executive.

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Red Hat Names New CEO; 3Q Profit Up

Red Hat Inc. tapped former Delta Air Lines Inc. executive James Whitehurst to lead the company into a new phase of growth, as the open source provider said Thursday its third-quarter earnings rose 12 percent.

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Red Hat Launches New Linux System

Red Hat Inc. has unveiled the latest version of its Linux operating system as the open-source software company continues to combat Microsoft's market-dominating Windows platform.

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Oracle Takes Aim at Red Hat

Oracle Corp. Chief Executive Larry Ellison is shaking up the software industry again, only this time a takeover bid isn't involved — yet.

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Red Hat to Buy JBoss; Company Shares Jump

Red Hat Inc. said Monday it has agreed to buy open-source software maker JBoss for $350 million in stock and cash.

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Red Hat has announced the general availability of its new Enterprise Server Virtualization solution. It includes virtualization management tools and a standalone hypervisor based on Red Hat Enterprise Linux and KVM.

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Open source is answering the call at government agencies on all levels as they look for opportunities to carve out costs and improve security, transparency, public participation, and collaboration.

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Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today marked a decade since the introduction of its Red Hat Certified Engineer (RHCE) certification.

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Recently we've seen some surprising comments about Red Hat's stand on software patents and, in particular, about one of its patent applications related to the AMQP specification. It looks like clarification is called for.

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Red Hat (NYSE: RHT) and Microsoft (NSDQ: MSFT) might seem unlikely bedfellows, but they have something in common.

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FUNC is the brainchild of Michael DeHaan, Adrian Likins, Seth Vidal, and Greg DeKoenigsberg.

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In this video presentation, the Fedora Project's contributors get together in Boston in January to make plans, hack on code, brainstorm ideas, hear about bold new projects, and just have fun.

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Ubuntu should not be considered merely the desktop Linux distribution of choice anymore if a new survey conducted by Canonical and open-source analyst firm RedMonk is an indicator.

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The Financial Times points out that many technology companies are cash-rich and intend to stay so in order to ride out the recession.

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Red Hat has rolled out the newest update of Red Hat Enterprise Linux, RHEL 5.3. In addition to virtualization and power-saving enhancements, this update is also shipping the first productized implementation of OpenJDK for Red Hat.

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The first is that buying Red Hat might be the least painful option for Dell getting into software in earnest, as it would offer Dell a close analog to what it has done to hardware: a commoditized software business that depends heavily on low-cost assembly and distribution.

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Fedora 10 is out, and to celebrate that milestone, Fedora Project leader Paul Frields sat down with Red Hat community guru Greg DeKoenigsberg to talk about where Fedora 's been over the past five years and where it's going.

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Red Hat's Spacewalk project is getting into place. The project wants to feed development of the Red Hat Network Satellite product for system management.

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It's time for me to wear my special hat again. The Fedora developer community has announced the official release of Fedora 10, a new version of the popular open source Linux distribution.

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Back in July we shared Red Hat's intentions to replace RHGB with Plymouth, a new graphical boot process that is able to benefit from the latest Linux graphics capabilities.

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Red Hat has warned that hackers were able to commandeer its systems and tamper with code - but said that since its content distribution was not hit, it is confident that polluted code has not served up to users.

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OPEN source-based software provider Red Hat has increased its headcount and more than doubled its footprint in Queensland. In the past six months, staff numbers have increased from 70 people to 110 employees -- creating a demand for work space.

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Free-software advocate Richard Stallman has spoken out against the association of open-source software with London's "unethical" Oyster-card system.

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Independent tests show that Red Hat Linux pulls as much as 12% less power than Windows 2008 on identical hardware.

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NYSE adopts Red Hat Enterprise Linux for $140 billion-a-day trading platform.

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May 13th brings with it a 100% chance of sulphurous rain. But don't worry, this particular sulphur isn't a sign of global pollution.

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First the good news. Fedora 9 Preview is now out -- woohoo! The bad news? Well since Fedora 9 Preview is out a little late, Red Hat has now pushed back the official release date of Fedora 9 by two weeks.

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Red Hat will no longer offer a Linux desktop for consumers as the market shifts toward service models. Red Hat will focus on its core strength in enterprises, and it will deliver Red Hat Enterprise Linux Desktop for its commercial customers.

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Jim Whitehurst and I met at JBoss World in Orlando, Florida, on the morning of February 13, 2008, pulled up a couple of chairs, turned on the camcorder, and talked. This video is totally uncut. Our idea here is to give you a sense of the man in a way no text interview can.

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For years, we've collaborated with DreamWorks in the Linux community to define and drive Linux to achieve high-grade commercial reliability and quality that's unmatched in the industry.

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