Red Hat sold (out) to IBM! Big Rip Off!
IBM is buying Red Hat (linux) for $34 Billion! They are stupid since even trading it currently is only worth $20 Billion and realistically aren't even worth half of that! Their goal? Take an open platform and make it closed! What a stupid move! Why not just use the open source linux framework for free? Why buy into linux lol??!?! Just shows how terribly far behind IBM is!
They want to take an Open Source first platform and make it Closed Source and used to make money! Just shows how far removed IBM really is to what has happened and is happening to technology over the last 20 years! I'm surprised Windows even still exists! With amazing driver support for linux these days there isn't much argument for not using it when it is Free and Open Source!
IBM thinks they can take FOSS and make money with it, how cute is that lol! Just like they think they will make money using blockchain, yet know nothing about it! Just buzz words for the investors and old people who have no clue about technology! IBM should have died off about 30 years ago and let the big boys take over like intel and nvidia! FOSS and Linux and Blockchain technologies are not meant to be centralized, that is what they don't get! The whole point of them is to get away from centralized controlled expensive systems run by for profit corporations! They think they will get into this game and win! Isn't that funny?
IBM still has the antiquated business model of trying to control everything. No wonder they are not the force they once were.
Exactly the point I was making! They are so out of touch with the way the future of tech is being shaped! They could have just downloaded linux for free and compiled it and made any updates they wanted and probably spent less than $500 Million! They could have bought Ford for that much money and called it their self driving car division lol!
Lol.
Just gorgeous :-)
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What makes you think they will close source it? Have they given any indication to that effect? Can that even be done from a echnical point of view?
I watched the CEO live on CNBC and that is what they said.