Please don’t skip this message — it only takes a minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent, ‘bitcoin-only’ media is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 is all we ask for. To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. All of our writers have an active tipping widget.
  • Join our campaign on geyser.fund. 
    Awesome perks are waiting for you such as the limited edition Bukele Blend Coffee from El Salvador.
 

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

DONATE NOW

Microsoft Acquires Coder Hangout GitHub for $7.5 Billion

Microsoft Acquires Coder Hangout GitHub for $7.5 Billion

Support free writers: > send a tip

written by

There have long been rumors that Microsoft would acquire renowned software repository giant GitHub. Today, Microsoft confirmed the acquisition.

As per the sources, Microsoft has acquired GitHub by issuing USD 7.5 billion in stock. The deal was announced and sealed sooner than most software developers and antagonists expected.

This step by Microsoft may be described by many as going back to its roots. Microsoft was co-founded by Bill Gates and Paul Allen to provide a platform where software products can be developed. Additionally, they aim to provide a path for programmers to program their projects.

Microsoft restricted its source code, but competition from open-source code providers like GitHub, and the resultant high-end open source projects have given Microsoft cause for concern. Skeptics have it that this is Microsoft’s smart strategy of monopolizing the coding market.

Satya Nadella, current Microsoft CEO, is credited with engineering the deal. Nadella has lately been mentioning the acquisition as a done deal in his speeches. Last year, he was quoted saying that the company wanted to bring on board something developers could use to bring impact to the society. He is noted for bringing on board coding initiatives since he took over in 2014.

Elsewhere, many developers of the open source coding community have reportedly opposed the acquisition, citing code decentralization as their next biggest impediment, having relied on the open source code for their projects. Some blockchain project developers who have been using GitHub appear to be unhappy with the acquisition and suggest that they may seek an alternative after the acquisition.

However, Satya Nadella has downplayed this emerging issue as the unintended consequences of acquiring GitHub. “We do not want to distract ourselves without meaning or purpose,” said the Microsoft CEO, who furthered his argument, citing Huxley’s words on the classic novel 1984.

 

Image Source: Flickr – othree

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

Help spread this article :)

BitcoinNews.com is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

   Advertisement

bitcoin shop miami

Read More Bitcoin News

Hayek And Bitcoin

Hayek and Bitcoin

Hayek passed long before Bitcoin’s inception, but in his book The Denationalisation of Money, he argued for nothing short of stripping the state of its monopoly power of money itself.

Read More »

   Advertisement

bitcoin shop miami

Join our Newsletter

Video of the Week

   Advertisement

Latest on Bitcoin News

Join our Newsletter

   Advertisement