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"By my count, Linux has over 11% of the desktop market," writes ZDNet's Steven Vaughan-Nichols: In StatCounter's latest US numbers, which cover through October, Linux shows up as only 3.49%. But if you look closer, "unknown" accounts for 4.21%. Allow me to make an educated guess here: I suspect those unknown desktops are actually running Linux. What else could it be? FreeBSD? Unix? OS/2? Unlikely. In addition, ChromeOS comes in at 3.67%, which strikes me as much too low. Leaving that aside, ChromeOS is a Linux variant. It just uses the Chrome web browser for its interface rather than KDE Plasma, Cinnamon, or another Linux desktop environment. Put all these together, and you get a Linux desktop market share of 11.37%... If you want to look at the broader world of end-user operating systems, including phones and tablets, Linux comes out even better. In the US, where we love our Apple iPhones, Android — yes, another Linux distro — boasts 41.71% of the market share, according to StatCounter's latest numbers. Globally, however, Android rules with 72.55% of the market. Yes, that's right, if you widen the Linux end-user operating system metric to include PC, tablets, and smartphones, you can make a reasonable argument that Linux, and not Windows, is already the top dog operating system... If you add Chrome OS (1.7%) and Android (15.8%), 23.3% of all people accessing the U.S. government's websites are Linux users. The Linux kernel's user-facing footprint is much larger than the "desktop Linux" label suggests. The article lists reasons more people might be switching to Linux, including broader hardware support and "the increased viability of gaming via Steam and Proton" — but also the rise of Digital Sovereignty initiatives. (One EU group has even created EU OS.") And finally, "not everyone is thrilled with Windows 11 being turned into an AI-agentic operating system."

Read more of this story at Slashdot.

Update 11/29/25 (by me). Check for exchanged shares. The final results have been released. My new MRP shares showed up after market close of Friday 11/28 in my Fidelity account, and probably in other brokerage accounts around this time as well. See original post below for past details, although the opportunity has passed.

The final exchange ratio was 1 share LEN to 4.1367 shares of MRP. The deal was oversubscribed, with a final proration factor of ~8.6% of shares tendered. However, those with “odd lots” of 99 shares or less were not subject to proration.

If treated as a short-term workout, your profit will depend on both your entry and exit price. This tender was drawn out due to the government shutdown, so your entry price could have varied widely, as low as around $115 per share. Mine wasn’t all that great at $122.29 x 99 shares = $12,107.

You would have gotten 409.53 shares of MRP, so 409 shares of MRP and a bit of cash later. At the Friday 11/28 close price of $30.46, 409 shares would be worth ~$12,458 for a rough profit of about ~$350 plus any fractional share payout later.

However, the actual price at which I will sell MRP is unknown. I don’t know how the market will open on Monday. I will note that 778,625 shares of LEN were tendered by odd-lot holders, which would now be about 3.2 million shares of MRP. Now, the 90-day average daily trading volume for MRP stock is only ~2 million shares. So if you think that all the odd-lot holders will want to sell, that might put some pressure on the stock for a while. I expect to watch things for a bit, but sell within a couple of weeks. Might put in a limit order.

If you did not hedge this bet (and thus losing some of the edge), then it is/was just a bet with a positive edge that you can still lose money on. Imagine you had to be “in the market” for a couple of weeks, but with a 6% buffer. If the market goes down worse than 6% during that time, you lose some money. Otherwise, you are ahead. For some, that is still too much risk. For others, it’s a gamble with an edge and they’ll take it using a appropriately sized portion of their bankroll. According to the Kelly Criterion, a 6% edge should have you betting 6% of your bankroll.

Update 11/14/25 (by me). Things moving forward. Things appear to have settled down, as this exchange offer had to be extended a few times due to the government shutdown (which includes the SEC). As it stands now, the expiration date is 12:00 midnight ET on November 21, 2025. Each broker will have their own cutoff time to participate in the offer, my Fidelity account shows a cutoff date of 11/20/2025 7:00 PM ET (although I’d call in before market close that day). I had to call in to tender my shares this time.

Lennar’s motivation to complete this exchange appears to remain strong, so my expectation is that it will go through. I make this update now because it means you still have time to do your own research, decide whether to buy 99 shares, and tender those shares. The site Envisionreports.com/lennarexchange remains a good place to see the updated live stats on this offer.

Original post 10/17/25:

From time to time, I participate in certain stock exchange offers which include a special provision for smaller investors, called “odd lot tenders”. You can find more background information on these short-term “arbitrage” plays in the last two offers that I joined: Cummins/Atmus Filtration and Johnson & Johnson/Kenvue.

Recently, Lennar (primarily a homebuilder) announced such an exchange offer as they try to complete their spinoff of Millrose Properties (an REIT, primarily a land bank). This time, Rich Howe of StockSpinoffInvesting.com – who has a lot more experience with these deals than me – has generously agreed to share his summary and analysis of the deal. Please enjoy the following guest post:

—

Buy Lennar – Exchange Offer – Special Situation

October 15, 2025
LEN: $122.21
Market Cap: $30BN
Recommendation: Buy 99 shares of LEN, Exchange for shares of MRP
Expected Profit: $772 / 6.4%

Summary

Lennar (LEN) announced an exchange offer on October 10, 2025 whereby investors can exchange their LEN shares for shares of Millrose Properties (MRP), Lennar’s land bank spin-off. To incentivize the exchange, LEN investors will receive $106.43 of value in MRP shares for every $100 of value in LEN shares. I expect the exchange offer to be oversubscribed. However, there is an odd lot provision such that any LEN shareholders with 99 shares or less (odd lot provision) will not be prorated. Thus, there is an opportunity to buy 99 shares of LEN and exchange them for shares of MRP. This should result in a profit of ~6.4% / ~$757 (at current prices) in less than a month. The profit is not guaranteed (of course!) but is low risk, in my opinion. To participate in this exchange offer, you must contact your broker (you may be able to participate in the exchange offer online). It will not happen automatically.

Deadline: The exchange offer will expire on November 7, 2025. So this is time sensitive. Brokers typically require investors to give them notice about the exchange well before the official deadline. Schwab’s deadline will likely be November 5, 2025, but it would be prudent to buy on November 3, 2025 at the latest as it takes two days for shares to settle. I’m planning to buy 99 shares of LEN shares on or before November 3rd and then immediately call Schwab and ask to participate in the exchange offer. Other brokers (Fidelity, Interactive Brokers, etc.) have their own internal deadlines which are typically after the Schwab deadline.

Additional Details

Lennar (LEN) spun-off ~80% of Millrose Properties (MRP), its land bank, in February 2025.

It retained ~20% of the business.

On October 10, 2025, Lennar formally announced that it would spin off its remaining ~20% stake in Millrose Properties via an exchange offer.

I’ve highlighted key terms but you can visit the transaction’s live website with additional details.

For every $100 shares of LEN that you own, you will receive $106.38 of MRP shares.

Since this exchange represents an attractive return in a short period of time, I expect the offering to be oversubscribed (similar to previous exchange offers that I’ve covered).

However, there is an odd lot provision such that if you own fewer than 100 shares, you will not prorated.

Here is the exchange offer filing and a website which tracks the exchange offer indicative exchange ratio.

This offering is very similar to the many other split off/exchange offers that we’ve participated in.

Examples:

• CMI/ATMU Exchange – Unhedged trade worked well.
• JNJ/KVUE Exchange – Unhedged trade worked well (Iag shouldn’t have held onto KVUE shares).
• LLY/ELAN Exchange – Unhedged trade worked well.
• DHR/NVST Exchange – Unhedged trade worked well.
• ECL/CHX Exchange – Unhedged trade worked well.
• DD/IFF Exchange – Unhedged trade worked well.
• MMM/NEOG Exchange – Unhedged trade did not work.

How to Execute the Trade

LEN is currently trading at $122.21 per share.
MRP is currently trading at $31.96.
Here’s how the math works at current price levels.

Step 1
Buy 99 shares of LEN for $122.21 per share. Total cost of $12,099.

Step 2
Per the exchange offer, shareholders who elect to exchange their LEN shares will receive MRP shares at a 6% discount or at a price of $30.04 ($31.96 x (1-6%)). The MRP price hasn’t been finalized yet. But I’m using the current price plus the discount as I think that’s the best way to approximate what the actual price will be. The actual price will be determined by a formula laid out here.

$12,099 / $30.04 = 402.72 shares of MRP

402.72 shares of LEN / 99 shares of MRP = 4.07. 4.07 is lower than the max exchange ratio of 4.1367. If the ratio were higher than 4.1367, the number of MRP shares would be maxed out at 409 (4.1367 * 99).

Step 3
Sell MRP shares that are received once the exchange goes through. It usually takes Schwab about a week to process the exchange offer. I expect to receive my MRP shares by November 14, 2025 or shortly thereafter.

At current prices, the trade is expected to generate a profit of $772.

In terms of timing, the exchange offer expires on November 7, 2025 (unless LEN changes it), and so I recommend that you buy LEN shares no later than November 3rd to ensure you make the deadline (it takes two trading days for your purchase to settle and brokers internal deadlines are usually 2 days prior to the official company deadline). After you purchase shares, call your broker and ask them to tender your shares. This is important. Your participation in the exchange isn’t automatic.

I created a spreadsheet to track the profitability of this trade. Here is a screenshot of it:

You can access the spreadsheet here: LEN / MRP Exchange Offer Spreadsheet
(to edit, make a copy of the spreadsheet and plug in your own assumptions)

Thoughts on Millrose Properties?

Millrose was created when Lennar contributed ~$5.5 billion in undeveloped, partially developed, and some fully developed land assets, along with up to $1 billion in cash, to Millrose. Millrose operates as an independent entity, acquiring and developing land to deliver finished homesites under land option contracts. At the time of the spin-off, it only served Lennar but it plans to engage with other homebuilders as well.
Lennar pays Millrose option fees for the right to buy land on Millrose’s balance sheet.

This strategic move is part of Lennar’s ongoing shift toward an asset-light operating model, aiming to reduce financial risk and enhance returns by minimizing direct land ownership.

I’m happy to own Millrose Properties at a 6% discount, but don’t want to own the stock for the long term as I believe its ability to grow and generate upside is limited given Lennar’s right to purchase its land.

What are the risks?

LEN Sells Off
If you buy LEN, and it sells off prior to the exchange, you could lose money. I’m not particularly worried about this risk, as investors will likely continue to bid LEN shares up to take advantage of the share exchange.

A major sell off could happen if some random negative news hits LEN (for instance negative news in a lawsuit). This is unlikely but did happen during the MMM/NEOG exchange offer. JNJ also had a negative court ruling during its exchange offer, but the exchange was still profitable.

If LEN does sell off, it would have to sell off by ~6.4% for you to lose money. To minimize risk, you could also short out the MRP exposure.

I looked back at the performance of the parent during similar transactions and found that it usually performs well (average: +2.2%; median: +3.8%)

The Exchange Is Canceled or the Odd Lot Provision is Removed
Lennar wants to distribute its ~20% stake in Millrose Properties and this is an efficient way to do so. I don’t expect it to be canceled, but it’s possible.
The odd lot provision could be removed, however, this has never happened for split off transactions (that I’m aware of). Nonetheless, it could happen!

Millrose Properties (MRP) Stock is Weak After the Share Exchange Closes
If the share exchange closes and investors who’ve exchanged their LEN shares for MRP shares make 6.4%, but then MRP shares immediately depreciate by more than 6.4%, this trade will lose money. In other words, this trade can lose money even though the initial math looks favorable.

While this risk is valid, I’m comfortable participating in this trade and believe it represents an attractive risk/reward.

Disclosure
Rich Howe, owner of Stock Spin-off Investing (“SSOI”), doesn’t own LEN shares but plans to buy them. All expressions of opinion are subject to change without notice. This article is provided for informational purposes. We do not warrant the completeness or accuracy of this content. Please do your own due diligence and consult with an investment adviser before buying or selling any stock mentioned on www.stockspinoffinvesting.com.

Psychology Today reports: In a study conducted in Milan, Italy, and published in November 2025, the sight of a person dressed as Batman led to a nearly doubled rate of people giving up their seat to a pregnant woman. Over the course of 138 subway rides, researchers found that people who saw "Batman" standing near the pregnant woman were far more altruistic than those who did not. Researchers are calling this the "Batman effect," suggesting a form of "involuntary" mindfulness may be at play. Noticing these subtle social cues appears to shift people's typical, automatic reactions. Most interestingly, 44 percent of the people questioned reported they did not even consciously register Batman's presence... The superhero costume serves as a visual nudge, pulling us out of our default, self-focused mode and into a more generous, attentive state. More from Futurism: Batman showing up is just one — albeit striking — way of promoting what's called "prosocial behavior," or the act of helping others around you, via introducing an unexpected event, the researchers write. "Our findings are similar to those of previous research linking present-moment awareness (mindfulness) to greater prosociality," said study lead author Francesco Pagnini, a professor of clinical psychology at the Università Cattolica in Milan, in a statement about the work. "This may create a context in which individuals become more attuned to social cues." Thanks to Black Parrot (Slashdot reader #19,622) for sharing the article.

Read more of this story at Slashdot.

An anonymous reader shared this report from CNBC: Italian defense company Leonardo on Thursday unveiled plans for an AI-powered shield for cities and critical infrastructure, adding to Europe's push to ramp up sovereign defense capabilities amid rising geopolitical tensions. The system, dubbed the "Michelangelo Dome" in a nod to Israel's Iron Dome and U.S. President Donald Trump's plans for a "Golden Dome," will integrate multiple defense systems to detect and neutralize threats from sea to air including missile attacks and drone swarms... Leonardo's dome will be built on what CEO Roberto Cingolani called an "open architecture" system meaning it can operate alongside any country's defense systems... Leonardo's dome will be built on what CEO Roberto Cingolani called an "open architecture" system meaning it can operate alongside any country's defense systems.

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I keep these operating systems on a Ventoy USB drive  XDA

Archinstall 3.0.14 Allows UEFI Bootloader Installation to Removable Locations  9to5Linux

In his mid-20s, Lu Heng "got an idea that has made him a lot richer," writes the Wall Street Journal. He scooped up 10 million unused IP addresses, mostly form Africa, and then leases them to companies, mostly outside Africa, "that need them badly." [A]round half of internet traffic continues to use IPv4, because changing to IPv6 can be expensive and complex and many older devices still need IPv4. Companies including Amazon, Microsoft and Google still want IPv4 addresses because their cloud-hosting businesses need them as bridges between the IPv4 and IPv6 worlds... Africa, which has been slower to develop internet infrastructure than the rest of the world, is the only region that still has some of the older addresses to dole out... He searches for IPv4 addresses that aren't being used — by ISPs or anyone else that holds them — and uses his Hong Kong-based company, Larus, to lease them out to others. In 2013, Lu registered a new company in the Seychelles, an African archipelago in the Indian Ocean, to apply for IP addresses from Africa's internet registry, called the African Network Information Centre, or Afrinic. Between 2013 and 2016, Afrinic granted that company, Cloud Innovation, 6.2 million IPv4 addresses. That's more addresses than are assigned to Nigeria, Africa's most populous nation. A single IPv4 address can be worth about $50 on its transfer to a company like Larus, which leases it onward for around 5% to 10% of that value annually. Larus and its affiliate companies, Lu said, control just over 10 million IPv4 addresses. The architects of the internet don't appear to have contemplated the possibility that anyone would seek to monetize IP addresses... Lu's activities triggered a showdown with Africa's internet registry. In 2020, after what it said was an internal review, Afrinic sent letters to Lu and others seeking to reclaim the IP addresses they held. In Lu's case, Afrinic said he shouldn't be using the addresses outside Africa. Lu responded that he wasn't violating rules in place when he got the addresses... After some back-and-forth, Lu sued Afrinic in Mauritius to keep his allocated addresses, eventually filing dozens of lawsuits... One of the lawsuits that Lu filed in Mauritius prompted a court there to freeze Afrinic's bank accounts in July 2021, effectively paralyzing the organization and eventually sending it into receivership. The receivership choked off distributions of new IPv4 addresses, leaving the continent's service providers struggling to expand capacity... In September, Afrinic elected a new board. Since then, some internet-service providers have been granted IPv4 addresses.

Read more of this story at Slashdot.

Don't set up Linux from scratch, these Turnkey distros do it for you  How-To Geek

Glim is the Ventoy alternative Linux enthusiasts should use instead  XDA

Solus Linux 4.8 Released With Python 2 Finally Removed, Abandons Solus Software Center  Phoronix

The Free Software Foundation describes how "After months of preparation and excitement, we finally came together on November 21 for a global online hackathon to support free software projects and "put a spotlight on the difficult and often thankless work that free software hackers carry out..." Based on how many of you dropped in over the weekend and were incredibly engaged in the important work that is improving free software, either as a spectator or as a participant, this goal was accomplished. And it's all thanks to you! Friday started a little rocky with a datacenter outage affecting most FSF services. Participants spread out to work on six different free software projects over forty-eight hours as our tech team worked to restore all FSF sites with the help and support of the community. Over three hundred folks were tuned in at a time, some to participate in the hackathon and others to follow the progress being made. As a community, we got a lot done over the weekend... It was amazing to see so many of you take a little (or a lot of!) time out of your busy schedules to improve free software, and we're incredibly grateful for each and every one of you. It really energizes us and shows us how much we can accomplish when we work together over even just a couple days. Not only was this a fantastic sight to see because of the work we got done, but it was also a very fitting way to conclude our fortieth anniversary celebration events. Free software has been and always will be a community effort, one that continues to get better and better because of the dedicated developers, contributors, and users who ensure its existence. Thank you for celebrating forty years of the FSF and fighting for a freer future for us all.

Read more of this story at Slashdot.

Almost two-thirds of registered U.S. voters "say that a four-year college degree isn't worth the cost," according to a new NBC News poll: Just 33% agree a four-year college degree is "worth the cost because people have a better chance to get a good job and earn more money over their lifetime," while 63% agree more with the concept that it's "not worth the cost because people often graduate without specific job skills and with a large amount of debt to pay off." In 2017, U.S. adults surveyed were virtually split on the question — 49% said a degree was worth the cost and 47% said it wasn't. When CNBC asked the same question in 2013 as part of its All American Economic Survey, 53% said a degree was worth it and 40% said it was not. The eye-popping shift over the last 12 years comes against the backdrop of several major trends shaping the job market and the education world, from exploding college tuition prices to rapid changes in the modern economy — which seems once again poised for radical transformation alongside advances in AI... Remarkably, less than half of voters with college degrees see those degrees as worth the cost: 46% now, down from 63% in 2013... The upshot is that interest in technical, vocational and two-year degree programs has soared. "The 20-point decline over the last 12 years among those who say a degree is worth it — from 53% in 2013 to 33% now — is reflected across virtually every demographic group."

Read more of this story at Slashdot.

CachyOS Improves Intel Video Acceleration Experience  Phoronix

Solus 4.8 Released with Linux Kernel 6.17, GNOME 49, KDE Plasma 6.5, and More  9to5Linux

Solus 4.8 Released with Linux Kernel 6.17, GNOME 49, KDE Plasma 6.5, and More  9to5Linux

Solus 4.8 Released with Linux Kernel 6.17, GNOME 49, KDE Plasma 6.5, and More  9to5Linux

"A year after launching a commercial robotaxi service in Abu Dhabi, Chinese autonomous vehicle technology company WeRide and partner Uber can finally call that service driverless," reports TechCrunch. A company official hailed it as "a historic transportation milestone, as the first driverless AV deployment outside of the U.S. or China." But TechCrunch notes that's just the beginning: Uber has spent the past two years locking up partnerships with 20 autonomous vehicle technology companies in various countries, including the United States, Europe, and the Middle East. Those partnerships have expanded beyond the realm of robotaxis as well. Uber's deals span the full range of self-driving applications, including delivery and trucking. This year alone, it announced partnerships withAnn Arbor, Michigan-basedMay MobilityandVolkswagen, Chinese self-driving firms Momenta,Pony.ai, and Baidu, as well as a recent deal to create a premium robotaxi service using Lucid Gravity SUVs equipped with a self-driving system from San Francisco-based startup Nuro. These deals are finally beginning to materialize into commercial services. For instance, Uber and Waymo launched a robotaxi service earlier this year in Austin. Now, Uber has expanded to the Middle East with WeRide in Abu Dhabi — with even more cities to come, including Dubai. Uber CEO Dara Khosrowshahi forecast in the company's third-quarter earnings report that there would be autonomous vehicle deployments on the Uber network in at least 10 cities by the end of 2026. Uber and WeRide have previously shared plans to expand to 15 cities throughout the Middle East and Europe, eventually scaling to thousands of robotaxis. That would represent a massive leap for WeRide, which today has more than 150 robotaxis in the region.

Read more of this story at Slashdot.

CachyOS ISO Snapshot for November 2025 Improves the Installation Experience  9to5Linux

Digital Trends reports: A wave of shortages now threatens to ripple across RAM, SSDs, and even hard drives, affecting not only performance-hungry rigs but also everyday systems. — CyberPowerPC has publicly confirmed it will raise prices on all systems starting December 7th due to RAM costs spiking by 500% and SSD prices doubling since October. — Memory suppliers warn of a global DRAM and SSD shortage running into late 2026 or even 2027, driven heavily by AI server demand. — As reported by Bloomberg, Lenovo has already stockpiled memory to ride out the crunch and maintain steadier PC pricing. — Among other OEMs, HP, in its recent earnings call, flagged possible price increases or lower-spec models on the back of rising component costs. But Apple "may also be in a good position to weather the shortage," reports Ars Technica, since "analysts at Morgan Stanley and Bernstein Research believe that Apple has already laid claim to the RAM that it needs and that its healthy profit margins will allow it to absorb the increases better than most." Ars Technica also shows how much RAM and storage prices have jumped — sometimes as much as 2x or even 3x in just three months. "In short, there's no escaping these price increases, which affect SSDs and both DDR4 and DDR5 RAM kits of all capacities (though higher-capacity RAM kits do seem to be hit a little harder)." Memory and storage shortages can be particularly difficult to get through. As with all chips, it can take years to ramp up capacity and/or build new manufacturing facilities... And memory makers in particular may be slow to ramp up manufacturing capacity in response to shortages. If they decide to start manufacturing more chips now, what happens if memory demand drops off a cliff in six months or a year (if, say, an AI bubble deflates or pops altogether)? It means an oversupply of memory chips — consumers benefit from rock-bottom prices for components, but it becomes harder for manufacturers to cover their costs... The upshot is: Not only are memory prices getting bad now, but it's exceptionally difficult to predict when shortage-fueled price hikes might end... Tom's Hardware reports that AMD has told its partners that it expects to raise GPU prices by about 10 percent starting next year and that Nvidia may have canceled a planned RTX 50-series Super launch entirely because of shortages and price increases.

Read more of this story at Slashdot.

I replaced my Linux Xfce menu with this and never looked back  XDA