From Linux Journal: “One longstanding type of application often described as ‘The Thing Linux Needs’ is the accounting system. Considerable variation exists in
what people would like to see included in an accounting system. Most notably, they want something Gooey and Friendly, intended for personal
finance, reminiscent of Intuit’s Quicken or Microsoft Money; or they want something Gooey and Friendly, intended for business finance,
reminiscent of Intuit’s QuickBooks or PeachTree Accounting. From its advertising, you might expect the Linux General Ledger (LGL) to be a
program more like the latter than the former.”

ZDNet has a column about a writer’s switch to Linux. “For me, the most compelling thing about Linux is the pace of innovation.” Here’s another ZDNet story about a switch to the Linux desktop, by the editor of LinuxDevices.com.

From LinuxGram: “France Telecom is plowing $7 million into Webb Interactive Services’ Jabber.com instant messaging (IM)
subsidiary, an investment that suddenly gives new life and credibility to Jabber, the XML-based open
source IM competitor to the AOL and Microsoft instant messengers.

Jabber was facing imminent disaster.

In its most recent financial report for last year, Webb warned that without new capital it only had enough
money left to keep operating until June.

It lost $48.6 million in 2000 on sales of only $4 million.”

Reuters has a story about Hewlett-Packard’s decisions about Linux. “Linux is not for everyone,” the story says in reference to HP’s Linux stance.

LinuxGram has a short item. Coventive Technologies, a Taiwan embedded Linux start-up, has named ex-Motorola and AMD executive Rajan Kumar to run its Americas operation as vice president and generation manager.

Posted at LinuxSecurity.com: “This announcement describes a change in the security support status of
the FreeBSD 3.x branch, as well as the introduction of two new methods
for tracking security fixes to FreeBSD 4.3-RELEASE: a FreeBSD CVS
branch based on 4.3-RELEASE which will contain security fixes only,
and the intention to trial binary security update packages for users
of FreeBSD 4.3-RELEASE on the i386 platform.”

ZDNet has another response to Microsoft from Linux creator Linus Torvalds. “You don’t lose money by sharing knowledge, when the terms are that whoever you share with
will share his knowledge back with you. You’re in a stronger position,” Torvalds said.

LinuxGram has a story saying LinuxWizardry, which is apparently short of cash, has delayed two of its key products and is now selling just its $399 VPN/firewall appliance.

From 2600.com (which may not work very soon): “Imagine our surprise when we were told by readers that 2600.com no longer belongs to
2600.com! That’s the nightmare that we were greeted with on Friday due to a bizarre foulup
with Network Solutions … We don’t know anything about these people or what their intentions are. We do know that we
never authorized any sort of a transfer and that we were never notified of any unpaid bill
that might have resulted in the domain becoming available.”

– By Dan Berkes –

The markets take a dive this week as investors lose confidence in the U.S. Federal Reserve; Hewlett Packard admires Debian; and more Microsoft bashing. This was a light week for Open Source and related stocks; it was a light week overall for Wall Street. Trading volume was extremely light today, and analysts caution that any moves made in such a market shouldn’t be given much credibility. The markets did, however, close down from last week.

In fact, both the Dow and Nasdaq indexes dropped every day this week. That ended at the bell with the Dow at 10,821.31, down 89 points for the day, and 130 points from last Friday. The Nasdaq index closed at 2107.43, down 21 points for the day, and 84 points from last Friday.

Last Friday’s good news might have been this week’s not-so-good news. Last week at the bell, the markets closed up on faith that the Fed would cut interest rates; this week, tech stops slid a bit as investors guessed that those cuts might not be as much as expected. We’ll know for sure next week, when the Federal Reserve will announce what, if any, reductions will make.

Independent market analyst James Philburn is still optimisitic. “We’re still doing better than we thought we would be doing at this time of the year; consumer confidence is better now than it was at Christmas. I don’t think people want another bubble, they’re still being cautious, they’re still skittish, these dips are normal.”

HP loves Debian

Hewlett Packard this week announced that the company will use the Debian distribution as its base of future Linux development. HP chose Debian for a number of reasons — not the least of which is the fact that it’s a Linux distribution not under anyone’s commercial control. In a message to the Debian developer mailing list, Open Source advocate and HP employee Bruce Perens said: “Hopefully, this announcement will make your day. It sure made mine.”

Apple sets a date

Apple will open the doors of its very first retail store next week, in McLean, Va. A special sneak peek will be given to seedy media types and special invited guests on Tuesday.

King Caldera?

Caldera this week formally completed its acquisition of The Santa Cruz Operation’s Server Software and Professional Services distributions. This gives the company the reins of UnixWare and OpenServer. It also makes Caldera the largest Linux company in the world, according to company PR, with representation in over 82 different countries.

Here’s how some Open Source and related stocks did this week:

Company Name	Symbol	5/11 Close	5/4 Close
Apple	AAPL	22.85	25.75
Caldera	CALD	2.18	2.04
Hewlett Packard	HWP	26.19	27.74
IBM	IBM	111.81	115.86
Red Hat	RHAT	5.80	6.41
Sun Microsystems	SUNW	18.85	19.75
VA Linux Systems	LNUX	4.57	4.88
Wind River Systems	WIND	22.54	25.52

Microsoft aftershocks

After last week’s outburst, Microsoft is learning more than it ever wanted to know about the laws of unintended consequences. From CNet to ZDNet to NewsForge, there’s no shortage of columns and pundits predicting that Microsoft actually helped more than it hurt the Open Soure community when v.p. Craig Mundie shot his mouth off in New York. Even a former top MS executive says Linux is the future.

Another source of unlikely cheerleading comes from Consulting Times, who reports that a Survey.com poll of 2,092 IT professionals found that 68% of their companies plan to boot up at least one new Linux system. IDC said Linux was second in server OS shipments last year, with 24 percent of the market.

Not bad for a “weak and unstable” operating system, is it?