Novell Postpones Quarterly Report and Yearly Financial Statements
Software giant Novell has postponed the publication of its figures for the fourth quarter, and for the whole financial year 2007.
The delay was triggered by questions raised by the Securities and Exchange Commission (SEC) concerning the first quarter figures for 2007 and on the past business year, 2006. Novell, and other corporations have been targeted by the SEC on account of irregularities with share options for employees.
Novell’s Chief Financial Officer Dana C. Russell calls the postponement of the quarterly report a purely cautionary measure. Novell is talking to the SEC and anticipates being able to give the SEC a satisfactory response on all counts. Without committing to the deadline, Novell anticipates having the quarterly report ready for publication by the 31 December deadline.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Gnome 50 Smooths Out NVIDIA GPU Issues
Gamers rejoice, your favorite pastime just got better with Gnome 50 and NVIDIA GPUs.
-
System76 Retools Thelio Desktop
The new Thelio Mira has landed with improved performance, repairability, and front-facing ports alongside a high-quality tempered glass facade.
-
Some Linux Distros Skirt Age Verification Laws
After California introduced an age verification law recently, open source operating system developers have had to get creative with how they deal with it.
-
UN Creates Open Source Portal
In a quest to strengthen open source collaboration, the United Nations Office of Information and Communications Technology has created a new portal.
-
Latest Linux Kernel RC Contains Changes Galore
Linux kernel 7.0-rc3 includes more changes than have been made in a single release in recent history.
-
Nitrux 6.0 Now Ready to Rock Your World
The latest iteration of the Debian-based distribution includes all kinds of newness.
-
Linux Foundation Reports that Open Source Delivers Better ROI
In a report that may surprise no one in the Linux community, the Linux Foundation found that businesses are finding a 5X return on investment with open source software.
-
Keep Android Open
Google has announced that, soon, anyone looking to develop Android apps will have to first register centrally with Google.
-
Kernel 7.0 Now in Testing
Linus Torvalds has announced the first Release Candidate (RC) for the 7.x kernel is available for those who want to test it.
-
Introducing matrixOS, an Immutable Gentoo-Based Linux Distro
It was only a matter of time before a developer decided one of the most challenging Linux distributions needed to be immutable.