Linus Torvalds to become the Linux Foundation, under whose auspices he continues to work. In June 2004, Torvalds and his family moved to Dunthorpe, Oregon, to be closer to the OSDL's Beaverton, Oregon-based headquarters. From 1997 to 1999, he was involved in 86open helping to choose the standard binary format for Linux and Unix. In 1999, he was named by the "MIT Technology Review" TR100 as one of the world's top 100 innovators under age 35. In 1999, Red Hat and VA Linux, both leading developers of Linux-based software, presented Torvalds with stock options in gratitude for his creation. That same year
Operating system paging capabilities, provided personal computers with the ability to run multitasking operating systems like those of earlier minicomputers and mainframes. Microsoft responded to this progress by hiring Dave Cutler, who had developed the VMS operating system for Digital Equipment Corporation. He would lead the development of the Windows NT operating system, which continues to serve as the basis for Microsoft's operating systems line. Steve Jobs, a co-founder of Apple Inc., started NeXT Computer Inc., which developed the NEXTSTEP operating system. NEXTSTEP would later be acquired by Apple Inc. and used, along with code from FreeBSD as the core of Mac