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Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation

TechCrunch

Open source has become a major force in the world of IT, and today a startup that has built a profitable operation by developing business management software on the principle is announcing a sizable secondary investment on the back of that growth. What is also notable is how Odoo pitches itself.

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VeraCrypt open-source disk encryption utility gets big update

TechSpot

After a lengthy development phase, VeraCrypt 1.26.7 brings bug fixes, updated algorithms, EMV support, and numerous back-end improvements. This version also drops support for TrueCrypt encrypted volumes. Read Entire Article

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TechCrunch+ roundup: Minimizing M&A mayhem, cybersecurity PM checklist, open source AI

TechCrunch

Given the tremendous barrier to entry, is it worth considering whether open source foundation models could level the playing field and also address concerns about privacy and bias? Series A deck Image Credits: Fibery (opens in a new window) Based in Cyprus, workflow and knowledge management platform Fibery raised a $5.2

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Bluesky opens the floodgates, ends invite-only system

TechSpot

Bluesky Social, the open-source and decentralized alternative to X (formerly Twitter), has officially transitioned from its closed beta period and is now open for signups to the general public. With over three million users already onboarded during the private beta phase, the platform is poised for a potentially massive influx.

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It’s a Sign: AI Platform for Teaching American Sign Language Aims to Bridge Communication Gaps

NVIDIA AI Blog

Signers of any skill level can contribute by signing specific words to help build an open-source video dataset for ASL. Most deaf children are born to hearing parents. And knowing that professional ASL teachers have validated all the vocabulary on the platform, users can be confident in what theyre learning.

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Adobe just released the last Flash update ever

The Verge

Flash was already being phased out in major web browsers, and Adobe had urged developers in 2015 to switch to newer standards like HTML5. An open-source emulator called Ruffle will enable old Flash files through a desktop app or web browser. We are excited to help lead the next era of digital experiences.”.

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Report Comparing Open Source Content Management Systems: WordPress, Joomla, Drupal, and Plone

Tech Soup

Our pals over at Idealware have just released a pretty comprehensive report comparing some open source content managment giants — WordPress, Joomla, Drupal, and Plone. Tags: Databases Open Source Software Tech Planning Using the Web and Internet Web 2.0 Want to know if these types of systems are right for you?