Preventing Heartbleeds, Red Hat Oversold, and Lightworks Review

by Ostatic Staff - Apr. 25, 2014

Headlines featuring "Heartbleed" are still dominating the news cycle and most are wringing hands trying to figure out how to prevent the next one. The Linux Foundation is teaming up with other big tech names to do just that. is reporting that Red Hat entered "oversold" territory today. And takes a cursory look at Lightworks for Linux recently released.

The Heartbleed bug is filling the news bin but the latest is The Linux Foundation's initiative to prevent this type of incident from happening again. The LF has enlisted the help of high-profile tech companies to help, including Amazon, Cisco, Dell, Facebook, IBM, Intel, Microsoft and others. Jim Zemlin told Sean Michael Kerner, "Sometimes it takes a crisis to do the right thing." Zemlin raised over $3 million from participant for the program. Kerner explains, "Each contributing vendor in the Core Infrastructure Initiative will have a seat on the steering committee for the group, which will also have an advisory board. The basic idea is to have an organizational structure to help identify the projects and the developers that will receive funding." Infoworld's Serdar Yegulalp has more as well.

"Lightworks for Linux Is Finally Here" says The article states that after a 3-year beta cycle, a stable version was released in January. "It is completely free to use (the basic version, at least) and has a lot of features to offer to an amateur as well as a professional editor." Their bottom line is, "If you’re looking for professional grade video editing software for Linux, look no further than Lightworks!" See the full article for all the details.

After given a recommendation of "Buy" by analysts Wednesday, is reporting that Red Hat is now oversold. They said, "In trading on Friday, shares of Red Hat Inc (NYSE: RHT) entered into oversold territory, hitting an RSI reading of 29.4, after changing hands as low as $48.11 per share."


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