Sun Microsystems reported net income of US$89 million on strong hardware sales for its first quarter of fiscal 2008, with the company posting its fourth consecutive profitable quarter after several years of financial loss and instability.

The already vicious lawsuit involving Barracuda Networks and Trend Micro that is currently in discovery in front of the American International Trade Commission (ITC) just turned nastier. Barracuda has filed its own patent infringement claim against Trend Micro, based upon three recently acquired patents.

Projity is a company that provides two alternatives to Microsoft's popular Project application. Project-On-Demand is software-as-a-service (SAAS) code that runs in any browser and is available via a monthly subscription. OpenProj is a desktop version of the application that is built on Java and is licensed with the Common Public Attribution License (CPAL).

At the close of trading Thursday, Microsoft announced the results for its second quarter of fiscal year 2010, which ended December 31, 2009. Revenue of $19.02 billion, a 14 percent increase from the same period of the prior year, set a new a record for the company.

Open source enterprise software company Red Hat has updated its flagship operating system, Red Hat Enterprise Linux (RHEL), to take full advantage of the latest spoils from the heated microprocessor battle between Advanced Micro Devices and Intel.

Novell's recently released figures for the second quarter of 2009 showed an 8.5 per cent drop in sales compared to the previous year – not a big surprise in light of the much debated economic crisis. However, one area of the business has enjoyed constant, indeed double-digit, growth over the last few years – Linux.

We hear a lot about this or that open source business model, but rarely does anyone explain in a simple, succinct way exactly how an open source company makes money. In this video, though, Red Hat CEO Jim Whitehurst does exactly that.

Mozilla has taken a position on the European Union's proposed settlement with Microsoft about browser integration in Windows 7. Both Mozilla Foundation's Mitchell Baker and Mozilla's general counsel feel that Microsoft is benefiting all too well from the settlement.

With more than 8 million users, Ubuntu Linux is among the most popular Linux distributions. As new Linux release nears, founder Mark Shuttleworth explains his company's plan for profitability.