Factify Technologies IL Ltd. wants to kill off PDF files as the de facto standard for business records, contracts and agreements after closing on a massive $73 million in seed funding today.

The big picture: Today's world runs on digital documents, but companies and users face a maze of incompatible proprietary file formats. LibreOffice developers contend that only strictly open standards ...

Days after declaring its intention to aggressively collect patent royalties from open-source distributors, Microsoft Corp. backed the addition of ODF — the document file format used widely in ...