If we look at open-source, it seems the idea of creating a business model around it may seem counterintuitive. Yet, more and more startups are moving towards the open-source business model due to its freedom and the collaborative effort it provides. Plus, there can be much more value that startups can derive from providing extra services around the software product.

In this article, we take a look at the most prominent companies which focused on open source as the basis of their growth strategy and became unicorns. We can see that the trend is clear– A large number of open source unicorns are functioning in the space of analytics and real-time business intelligence.

[Source: Analytics India Magazine]

Microsoft recently created a stir after revealing it was taking some ideas from the popular Rust programming language to create a new language for ‘safe infrastructure programming’ under the banner Project Verona. Matthew Parkinson, a Microsoft researcher from the Cambridge Computer Lab in the UK, detailed Project Verona for the first time in a talk late last year and promised that Microsoft would open-source the project soon.

Microsoft Research has now followed through and open-sourced Project Verona on GitHub, offering a few more details about the project and its ambitions for building safer systems through better memory management, compartmentalization, and “pervasive sandboxing”. Project Verona is also being aided by academics at Imperial College London.

[Source: ZDNet]