tbh honest I don't think it will change much to the bad... probably it's in fact really for the benefit of open source. But I finally have to change my mind about Microsoft... to avoid inner conflicts. :P
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It seems to me this acquision is a big threat to the democratization of the internet. Microsoft is a profit-driven enterprise and it is natural that they have a will to be/stay a monopoly while independent developers may only want to create benefit to society by publishing their work free and open. I am sure most will not be happy to be contributing to Microsoft.