Skip to main content

Linux Turns 34

4 months ago
Mark Tyson writes via Tom's Hardware: On this day 34 years ago, an unknown computer science student from Finland announced that a new free operating system project was "starting to get ready." Linus Benedict Torvalds elaborated by explaining that the OS was "just a hobby, [it] won't be big and professional like GNU." Of course, this was the first public outing for the colossal collaborative project that is now known as Linux. Above, you can see Torvalds' first posting regarding Linux to the comp.os.minix newsgroup. The now famously caustic, cantankerous, curmudgeon seemed relatively mild, meek, and malleable in this historic Linux milestone posting. Torvalds asked the Minix community about their thoughts on a free new OS being prepared for Intel 386 and 486 clones. He explained that he'd been brewing the project since April (a few months prior), and asked for direction. Specifically, he sought input about other Minix users' likes and dislikes of that OS, in order to differentiate Linux. The now renowned developer then provided a rough summary of the development so far. Some features of Linux that Torvalds thought were important, or that he was particularly proud of, were then highlighted in the newsgroup posting. For example, the Linux chief mentioned his OS's multithreaded file system, and its absence of any Minix code. However, he humbly admitted the code as it stood was Intel x86 specific, and thus "is not portable." Last but not least, Torvalds let it be known that version 0.01 of this free OS would be out in the coming month (September 1991). It was indeed released on September 17, 1991, but someone else decided on the OS name at the last minute. Apparently, Torvalds didn't want to release his new OS under the name of Linux, as it would be too egotistical, too self-aggrandizing. He preferred Freax, a portmanteau word formed from Free-and-X. However, one of Torvald's colleagues, who was the administrator for the project's FTP server, did not think that 'Freax' was an appealing name for the OS. So this co-worker went ahead and uploaded the OS as 'Linux' on that date in September, without asking Torvalds.

Read more of this story at Slashdot.

BeauHD

Biotechs Turn to Digital Coins, Crypto to Boost Stock Prices

4 months ago
Struggling small biotech firms are pivoting into cryptocurrencies, rebranding as "crypto treasuries" or stockpiling digital assets like Ether and Litecoin as a last-ditch effort to boost share prices amid stalled funding and weak drug pipelines. Bloomberg reports: Shares of 180 Life Sciences Corp., now doing business as ETHZilla, tripled after the Peter Thiel-backed company said it had accumulated Ether tokens worth over $350 million. Less than two weeks later, the stock's gains have been erased. In July, Sonnet BioTherapeutics Holdings soared 243% in one volatile session on plans to transform into a public crypto treasury while MEI Pharma Inc. initially doubled on plans to sell shares to fund a Litecoin treasury. Such about-faces are a tried-and-true formula for small firms when funds are low and shares are under pressure. For drugmakers it can be a sudden shift to chase after trendy new treatment targets, still other companies rebrand with buzzwords like artificial intelligence to juice returns. Now some biotech executives are using digital coins to pump new life into flagging shares. So far in 2025, at least 10 biotechs have announced a pivot into digital assets. The announcements frequently spark frenzied, but short-lived, spikes in shares. "If they're low on ideas, if they can't find relevance in drug development, they're going to try to justify their existence as management in another way," according to Mike Taylor, lead portfolio manager of the Simplify Health Care ETF. "You have a handful of companies trying to reinvent themselves into some other tangent. And, most, if not all won't work out."

Read more of this story at Slashdot.

BeauHD

Trump made Intel an offer it couldn't refuse

4 months ago
10 percent equity and maybe that $8.9 billion in CHIPS funds you're waiting on doesn't get lost in red tape

Comment  We know US President Donald Trump isn't a fan of the US Chips Act. But, turn a government handout into a tit-for-tat transaction and the self described "master dealmaker" is singing a different tune.…

Tobias Mann