Word: linux
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...Internet bust has sharpened attention on Wall Street's myopia anew. Credit Suisse First Boston, which underwrote the world's hottest IPO--VA Linux Systems--is at the center of a kickback dustup. At least three government agencies are investigating who got what and whether outsize fees later paid to the firm constitute an illegal payoff. Lawsuits are piling up faster than dead dotcoms...
...many ways, TiVo is kind of an uber computer. It's supremely high-tech, built on the ultra-stable Linux operating system, the genius of which is you never notice it's there. The box is doing things the Internet revolution has so far failed to manage, like distributing independent movie shorts submitted to websites on a screen larger than a postage stamp (after signing a deal last week with Atom Films whereby TiVo customers will get Atom's stuff for free...
Then they decided to build it, throwing the equivalent of $10 million (in funds and hardware) into the project, and emerging with a blueprint for a machine with an Intel chip, 32 MB of ram and 16 MB of flash memory. Running the free Linux operating system, it features a picture-based touch -sensitive screen, multilingual text-to-speech capabilities and a writing pro-gram that differs enough from the Xerox-patented version used on Palm Pilots to skirt costly licensing fees. It allows e-mail and Net access, provided there is a working telephone line. All this, with smart...
...really blame analysts for what happened with VA Linux Systems? The software company filed to go public at $12 a share in 1999. Before any analyst had a chance to publish a word, demand enabled underwriter Credit Suisse First Boston to raise the IPO to $30. Maybe it should have stuck to the initial price, which in theory anyway was based on some valuation model. But it scarcely mattered...
...Gnutella b) MP3 c) Linux d) Napster...