Is Mozilla becoming too much like Microsoft?
In a strange bit of irony, Mozilla, the foundation behind the popular open-source Firefox browser, increasingly relies on Microsoft’s playbook to promote Firefox adoption. No, Mozilla executives aren’t secretly plotting an open-source monopoly to replace Microsoft’s, and, indeed, are focusing precisely on doing the opposite.
But the answer to the [...]
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There was a milestone buried deep within the earnings tables in this week’s first quarter results from Rackspace: the San Antonio company has become one of a select number of companies that have more than 50,000 servers. Rackspace reports that as of March 30 the company’s data centers house 50,038 servers, up from 47,518 at [...]
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The Forex market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets and traders’ investments increase or decrease in value based upon currency movements. Foreign exchange market conditions can change at any time in response to [...]
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The Gold Exchange and the Bretton Woods Agreement
In 1967, a Chicago bank refused a college professor by the name of Milton Friedman a loan in pound sterling because he had intended to use the funds to short the British currency. Friedman, who had perceived sterling to be priced too high against the dollar, wanted to [...]
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