[ad_1] Belgium-based Odoo decided to use open-source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast forward a couple of decades and it’s now picking up €500 million in secondary investment — or around $527M at current exchange rates — led by CapitalG (Alphabet’s … Read more
[ad_1] The open source funding problem is very real, but a slew of initiatives have emerged of late, with startups, corporations, and venture capitalists launching various programs to support some of the most critical projects via equity-free financing. Today it’s GitHub’s turn, launching the GitHub Secure Open Source Fund with an initial commitment of $1.25 … Read more
[ad_1] A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha … Read more
[ad_1] Anduril, the defense tech company co-founded by Palmer Luckey, is considering building its first major manufacturing plant, a 5-million-square-foot facility known as “Arsenal-1,” in Arizona, Ohio, or Texas, according to someone familiar with the matter. The company, which is developing autonomous drones, planes, and submarines, had announced $1.5 billion at a $14 billion post-money … Read more
[ad_1] Earlier this year, a Microsoft developer realized that someone had inserted a backdoor into the code of open source utility XZ Utils, which is used in virtually all Linux operating systems. The operation had started two years earlier when that someone, a person nicknamed JiaT75, started contributing to the XZ Utils repository on GitHub. … Read more