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 existing hardware production. MCP is still in use today in the Unisys ClearPath/MCP line of computers. UNIVAC, the first commercial computer manufacturer, produced a series of EXEC operating systems. Like all early main-frame systems, this batch-oriented system managed magnetic drums, disks, card readers and line printers. In the 1970s, UNIVAC produced the Real-Time Basic (RTB) system to support large-scale time sharing, also patterned after the Dartmouth BC system. General Electric and MIT developed General Electric Comprehensive Operating Supervisor (GECOS), which introduced the concept of ringed security privilege levels. After acquisition by Honeywell it was renamed General Comprehensive Operating System (GCOS).