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
-
Linux Kernel 6.16 Released with Minor Fixes
The latest Linux kernel doesn't really include any big-ticket features, just a lot of lines of code.
-
EU Sovereign Tech Fund Gains Traction
OpenForum Europe recently released a report regarding a sovereign tech fund with backing from several significant entities.
-
FreeBSD Promises a Full Desktop Installer
FreeBSD has lacked an option to include a full desktop environment during installation.
-
Linux Hits an Important Milestone
If you pay attention to the news in the Linux-sphere, you've probably heard that the open source operating system recently crashed through a ceiling no one thought possible.
-
Plasma Bigscreen Returns
A developer discovered that the Plasma Bigscreen feature had been sitting untouched, so he decided to do something about it.
-
CachyOS Now Lets Users Choose Their Shell
Imagine getting the opportunity to select which shell you want during the installation of your favorite Linux distribution. That's now a thing.
-
Wayland 1.24 Released with Fixes and New Features
Wayland continues to move forward, while X11 slowly vanishes into the shadows, and the latest release includes plenty of improvements.
-
Bugs Found in sudo
Two critical flaws allow users to gain access to root privileges.
-
Fedora Continues 32-Bit Support
In a move that should come as a relief to some portions of the Linux community, Fedora will continue supporting 32-bit architecture.
-
Linux Kernel 6.17 Drops bcachefs
After a clash over some late fixes and disagreements between bcachefs's lead developer and Linus Torvalds, bachefs is out.