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[News] SCO Admits It's Dying

SCO says there is 'substantial doubt' it will survive

,----[ Quote ]
| The rulings may also cost SCO a lot of money. The court said that SCO would 
| have to pay Novell for past licensing deals it had struck with Sun 
| Microsystems Inc. and Microsoft. This could amount more than $30 million, SCO 
| said in its SEC filing. That's more than the $10.4 million in cash now held 
| by SCO.    
`----

http://news.yahoo.com/s/infoworld/20070918/tc_infoworld/91897

First Word From the Bankruptcy Court Hearing - Update 2Xs - Meeting Darl, New
Filings

http://www.groklaw.net/article.php?story=20070918115337281


Recent:

SCO Asks Court to Let it Hire Accounting Temps - Half of its finance dept.
fired or quit

,----[ Quote ]
| SCO had seven people in the finance department, but after SCO filed for 
| bankruptcy, "approximately half of the accounting personnel resigned or were 
| terminated, including the resignation of two accounting personnel, each with 
| over ten years' experience..."   
`----

http://www.groklaw.net/article.php?story=20070917072753835


SCO Blames Linux For Bankruptcy Filing

,----[ Quote ]
| SCO Group CEO Darl McBride says competition from the open source Linux 
| operating system was a major reason why the company was forced to file for 
| Chapter 11 bankruptcy protection on Friday.  
`----

http://news.yahoo.com/s/cmp/20070918/tc_cmp/201806893


Related:

Can Microsoft get its $12 million back from SCO?

,----[ Quote ]
| Microsoft played matchmaker back in 2003 when SCO needed money to help fund 
| its lawsuits agains IBM and various other Linux players and customers. 
| Microsoft suggested that hedge fund BayStar Capital invest $50 million in 
| SCO.   
| 
| Microsoft also backed SCO’s play to convince other vendors and customers to 
| license SCO’s technology to avoid potential infringement lawsuits. (Maybe 
| that’s where Microsoft got its patent-licensing ideas ...)  
| 
| One of the first companies to snap up two SCO licenses was Microsoft, to the 
| tune of $12 million, according to BusinessWeek. Sun Microsystems and Computer 
| Associates also bought into SCO’s plan.  
`----

http://blogs.zdnet.com/microsoft/?p=639


The Goldfarb Declaration - Updated: MS Statement

,----[ Quote ]
| According to the Declaration, Richard Emerson was not the only
| Microsoft employee Goldfarb was dealing with in connection with the
| BayStar investment in SCO. He mentions by name two others, from two
| other departments.
`----

http://www.groklaw.net/article.php?story=20061009152706664


,----[ Quote ]
| "There you have it. At least a third of SCO's entire market
| capitalization, and their entire current cash reserves, is payoffs
| funnelled from Microsoft. Their 10Qs reveal that every other line of
| cash inflow is statistical noise by comparison. The brave new
| SCO source business model is now clear: sue your customers, shill
| for Microsoft, kite your stock, and pray you stay out of jail."
`----

http://www.catb.org/~esr/halloween/halloween10.html

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