Language Selection

English French German Italian Portuguese Spanish

Ex-CEO of Red Hat sues family's financial advisers

The former CEO of Raleigh-based software firm Red Hat Inc. is suing his family's financial advisers, saying they misused $60 million.

Matthew Szulik (ZOO-lik) and his family filed the federal lawsuit in North Carolina against TAG Virgin Islands Inc.

The Szuliks say they wanted their money invested in a conservative portfolio of blue chip stocks and bonds. But they say about $60 million was improperly placed in questionable investments that are now worthless.

more here and here




More in Tux Machines

Today in Techrights

Android Leftovers

Our Favourite Apps for Ubuntu

We enjoy using Ubuntu mainly for gaming, writing, listening to music and browsing the web. (Lots and lots of browsing the web.) There are other apps that we would love to have on Ubuntu like Affinity Photo, a stunning image editor that’s on par with Adobe’s Photoshop that’s available on Windows and Mac as well as Bear, a beautifully designed note taking app that we do most of our writing on that’s only available for macOS. However, the Ubuntu platform has moved forward in leaps and bounds in recent years when it comes to the official availability of popular apps and we are confident that this trend will continue. What’s your favourite Ubuntu apps? Read more

Kernel Space: Plans for Linux 4.16, 4.15 Likely Out Shortly