Language Selection

English French German Italian Portuguese Spanish

Money talks as top exec walks: Screw-ups pay off

Filed under
Misc

What’s the reward for failure in Waltham these days?

If you’re Jack Messman, who was ousted yesterday as boss of local software company Novell, it’s not too shabby.

Several million dollars, in fact.

Under his contract, Messman, who was kicked out by the board yesterday for poor performance, will get severance that starts at $1.9 million.

They will also pay him cash for 6.5 million share options, which had a value of $13.7 million at the end of the last fiscal year.

It’s simply one sign of the troubling corporate governance at Novell, which tries to make money by selling open-source Linux software.

Linux is booming everywhere, but somehow Novell has missed out.

Full Story.

More in Tux Machines

Ubuntu 14.10 Released, openSUSE GNOME Peek, and Debian Multimedia

ubuntuThe release of Ubuntu 14.10, codenamed Utopic Unicorn, was the big news today. But in other news, Kostas Koudaras has a sneak peek of GNOME in upcoming openSUSE 13.2 and Alessio Treglia shared some bits on Debian 8.0 multimedia. Miguel de Icaza announces Mono for the Unreal Engine and, finally, Erich Schubert says avoiding systemd isn't hard at all. Read more

eBay joins open-source community with ultra-fast OLAP engine for Hadoop

Like arch-rival Amazon.com, the soon-to-split eBay Inc. is something of an oddity in that it hasn’t historically been a big contributor to the open-source community. But the e-commerce pioneer hopes to change that with the release of the source-code for a homegrown online analytics processing (OLAP) engine that promises to speed up Hadoop while also making it more accessible to everyday enterprise users. Read more

DHS report makes recommendations for greater open source software use in government

A report commissioned by the Homeland Security Department's Science and Technology Directorate say barriers to using and developing open source software must be addressed as IT budgets across government continue to tighten. Read more

Calculate Linux Provides Consistency by Design

Calculate Linux has a rather interesting strategy for desktop environments. It is characterized by two flavors with the same look and feel. That does not mean that the inherent functionality of the KDE and Xfce desktops are compromised. Rather, the Calculate Linux developers did what you seldom see within a Linux distribution with more than one desktop option: They unified the design. Read more