Final answer:
Open source software is not owned by a company or an individual. It is freely available for anyone to use, modify, and distribute.
Step-by-step explanation:
Open source software is not owned by a company or an individual, which makes the statement True.
Open source software refers to software that is freely available for anyone to use, modify, and distribute. It is typically developed by a community of volunteers who collaborate and contribute to the software.
One of the most well-known open source operating systems is Linux, which was developed by Linus Torvalds in the early 1990s. The development of open source operating systems like Linux changed the economics of the high-tech industry by providing an alternative to proprietary software. It allowed individuals and businesses to access and customize the software without having to pay expensive licensing fees.