Mum's the Word at “Linux Today”
There seems to be trouble in the works over at Linux Today, and everybody’s keeping damn quiet about it.
Linux Today has been owned by QuinStreet, Inc. since 2009 when they acquired the Internet.com division of WebMediaBrands Inc. for $18 million. Although Hall’s post indicates some financial difficulties, QuinStreet would seem to be healthy, with 2010 earnings of $334.8 million, according to Bloomberg Businessweek. The company went public in February 2010 with an initial public offering of $250 million. The stock trades on NASDAQ as QNST and at the time of this writing is valued at $22.87 per share.