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[News] Early Evidence of Free Software Robustness to Hard Economy

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Nuclear winter for tech startups? Not if you're open source

,----[ Quote ]
| Layoffs gathering steam as Web 2.0 startups scramble to cut costs, but open 
| source looks much healthier  
`----

http://weblog.infoworld.com/tech-bottom-line/archives/2008/11/nuclear_winter.html

Open Source in a Down Economy: The Money Race Is On

,----[ Summary ]
| Hard economic times have just about everyone looking for ways to save. Belts 
| are tightening around software budgets -- from ordinary personal computer 
| users to enterprise decision makers, everyone's trying to figure out how they 
| can get what they need for less money. Is this an opportunity for open source 
| software and the firms that support    
`----

http://www.technewsworld.com/story/65124.html?wlc=1226619993

People look for savings and they naturally gravitate towards Free software.


Recent:

Red Hat: Crisis to boost open source

,----[ Quote ]
| The global economic crisis would provide a boost for open source software,
| Red Hat chief executive Jim Whitehurst claimed during a visit to Sydney this
| week.
|
| Whitehurst, who stopped over down under as part of a tour of the Asia-Pacific
| region, said in an interview with ZDNet Asia's sister site ZDNet Australia
| that the crisis would cause companies to consolidate their technology
| infrastructure and reduce spending.
`----

http://www.zdnetasia.com/news/software/0,39044164,62047208,00.htm


No Recession at Red Hat

,----[ Quote ]
| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that
| corporate customers and the industry benefit from what he called Red
| Hat’s “Switzerland status” — not being a province of one of the major powers
| in the technology industry.
`----

http://bits.blogs.nytimes.com/2008/03/27/no-recession-at-red-hat/


Microsoft sees slide in profits

http://news.bbc.co.uk/1/hi/business/7366106.stm
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