SourceForge News

"...Accordingly, we effected a staff reduction of eighteen people primarily across engineering and sales to better manage expenses until media revenue begins to grow... these changes are not reflected in the third quarter results and will be accounted for on our next quarterly call...annual savings as a result of the changes will be approximately $2.2...

Liquidity and Capital Resources "...Our principal sources of cash as of September 30, 2009 are our existing cash, cash equivalents and investments of $34.6 million, which excludes restricted cash of $1.0 million. Cash and cash equivalents decreased by $15.4 million at September 30, 2009 when compared to December 31, 2008. This total decrease was primarily due to cash used to fund net operating losses and working capital requirements during the nine months ended September 30, 2009..."

...and that which we call SourceForge by any other name would perform as poorly?

Geeknet non-insider shareholders : et tu, Brute ?**

*Romeo and Juliet (II, ii, 1-2)

** Julius Ceasar: Played by Geeknet non-insider shareholders.

Brute : Played by Scott Kauffman, Patty Morris, Robert M. Neumeister, Jay Seirmarco, Mike Rudolph, Chris Dobbrow?...

Our November Thanksgiving giveaway

It's time to give away some goodies. We've got games, gadgets, and wearable musical instruments. Yeah, that's right. Think Geek provides the hook-up...

We are kicking off the first of many recurring monthly contests for you, our readers!...This month the giveaway is an Xbox 360 game pack featuring five great games (we will work with the winner to make sure he/she doesn't get a game already owned). A second place winner will receive the new generation iPod nano (5G). Last but certainly not least, 12 lucky winners will win a guitar shirt provided by Think Geek! I rocked this thing on Halloween, and it was hilarious. Check out this video of someone far more skilled than me making it wail...

Geeknet was downgraded by Merriman today while LNUX shares close down on ~4X ADV ignominiously trading below liquidation value on Q3 news...What was Q3 news and what did Scott Kauffman slip through his cacophony of press releases surrounding Geeknet's continuing shareholder value destruction? "...The 3rd quarter looked like the 2nd quarter ...

hmmmm.....Is Scott taking our lead? re: Step 3. Do not take LNUX's dominant asset NASDAQ:G33K, through an IPO.** A Q: Will the new symbol be G33K? qed... A * Total revenue for the third quarter of 2009 was $10.8 million compared to $11.5 million of revenue for the third quarter of 2008. Net loss for the third quarter of 2009 was $4.5 million or $0.08 per share*** compared to a net loss of $2.7 million or $0.04 per share, for the same period a year ago. Adjusted EBITDA loss for the third quarter of 2009 was $3.4 million, compared to adjusted EBITDA loss of $1.4 million for the same period a year ago.

Step 1. Join the Company as CEO only if you are provided guaranteed up-front 2,250,000 shares not tied to performance Step 2. Provide no guidance, pursue a non-insider shareholder hostile relationship with your shareholders...

November Project of the Month Posted on Saturday, October 31st, 2009 by Lisa Hoover Category: Project of the Month

Thorvald Natvig was tired of listening to all kinds of background noise over his headset while he was gaming online with his friends, so he decided to build his own VoIP solution instead. Mumble is way more than a glorified walkie-talkie setup, it’s much cooler than that. In Natvig’s own words, “Mumble also has an in-game overlay; this works in full screen games, and shows you a graphical representation of who is in the same channel (virtual room) as you, and who is talking right now. We also have positional audio for supported games; the voice of your friends will sound like it comes from the same direction their in-game avatar is.” Neat, yes? That’s one of the reasons Mumble is November’s Project of the Month. To learn more about the team behind Mumble, and about the project itself, check out its special page. Natvig says one of the reasons he chose SourceForge to host the project is because we’re “a recognized name, and we’re leeching on your fame.” That’s okay Thorvald, leech all you want! :-)

Why did you place the project on SourceForge.net?

Everyone else seemed to do so, and you offered the services we needed. SourceForge was "the" place to be if you hosted an open source project, so I just went with the flow.

How has SourceForge.net helped your project succeed?

In addition to the direct services offered, being hosted on sourceforge means you get automatically indexed by a lot of software sites; our news and file releases are automatically propagated, and the ".sourceforge.net" ending gives a certian legitimacy to the project as "open source". You're a recognized name, and we're leeching on your fame.

Dear Candy Hordes: Earlier this month, we asked you for geeky pumpkin templates. Now that All Hallow's Eve is upon us, we thought you'd like to see the scores of entries along with all the winners. We also spent a little time filling up your treat bag with some more Halloween fun. We hope you'll excuse our indulgence. We get a little excited about Halloween. Maybe you do too? After all, how often do you get to take off your mask and parade about? Our pumpkins openly mocked us with their faceless faces. We didn't know what to do with them. So we asked the intarwebz for pumpkin template designs and sweetened the deal with a Tauntaun sleeping bag prize. Then we were buried alive—er, undead—in a pile of awesome. Timmy's currently clawing his way out from under your collective genius and he's promised to hand over the encrypted golden envelope this afternoon. We're dance-in-our-pants excited to announce the winners—and show off our handiwork, some of which required power tools—during our 4pm EDT live Justin.tv show today!

An anonymous reader writes "Famous writer and minor television personality John Hodgman posits the end of the culture of Jockdom in favor of a cultural reverence for engineers, scientists and Slashdot readers: 'Jockdom is very noble. It's not deliberative. It's certainly the best way to win wars. It's the best way to motivate teams of people to fulfill a goal — not just war, but getting things done. The most important way to motivate a factory floor. But as you know, we're not as much of a manufacturing society as we were before. China and other big industrial nations are rewarding their nerds and technicians rather than creating a culture that makes fun of them — it would be wise for us to embrace the book-smart as much as our culture has traditionally embraced the street-smart, the jock-smart. I'm not saying nerds must have their revenge; I'm just saying the time for wedgies is at an end.'"

Tags: Sourceforge , Danzeff , sleepper , M@x O 2 Homebrew coders Sleepper , M@x and the rest of the dev team has released the final version PSPKVM v0.5.4, a port of SUN's phoneME Feature that enables MIDP/JavaME applications to run on the PSP.

Per Web.SourceForge.com: An interactive discussion with three prominent thinkers about the modern web, peer production and user generated content. Jon Sobel, SourceForge, Inc., President, Media Business. Jon Sobel A leads SourceForge, Inc.'s network of Internet properties...

Jon Sobel has not been with SourceForge since September 25th, eight days after this panel was held in New York...

The news about the removal of ZFS from Sourceforge resulted in a reinvigorated interest in the NetApp/Sun lawsuit.

On the expected eve of announcing Q2 Numbers ending June 30th, Patricia Morris http://web.sourceforge.com/management/patricia-morris , CFO, SourceForge continues dumping http://biz.yahoo.com/t/68/7142.html her equity position...Jonathan Sobel http://web.sourceforge.com/management/jonathan-sobel , President, Group Media, joins ...

Who said you can't make a business out of free software? Not since the heady days of the dotcom boom has the share market for an open source companya s stock been brighter.

As of the last Nasdaq trade on October 19, 2009, Red Hat's share price stood at $28.46 with the mighty Microsoft in its shadow at $26.36...

Eyeos is an Open Source project that creates a Cloud desktop and is installable on a wide variety of cloud environments .

SourceForge CEO flies entire Company to Chicago for their tenth Anniversary.

Patty Morris : "...A Q3 sales and marketing expense will increase by $1.5-$1.7M..." (Chicago Party?)

"...Our whole company is at an offsite meeting today and tomorrow. We'll have some very interesting things to share with you in the near future!.." 2:13 PM Sep 24th from web RT @thinkgeek: In true form, we're closing out [sic] stay in Chicago with a tower o' cake (incl. brain): (not Charm City) 9:23 AM Sep 25th from HootSuite..." Source: Twitter SourceForge...

SourceForge, Inc. , the global online network for community-driven tech media and e-commerce, today announced that it will report its financial results for the third quarter of 2009 ended September 30, 2009 on Wednesday, November 4, 2009, after the close of market.

"Open source is a good example of collaboration between users and creators, one that can be seen at a macro level," said Turk.

In my previous two posts I have diagnosed a significant weakness in the open-source infrastructure.

FCC Chairman Julius Genachowski suggested at an FCC field hearing this week that the federal government might create its own "version of iTunes." Multichannel News reports : The chairman asked panelists to think about the value of a clearinghouse where best practices could be shared.