OS4 is not yet done. There have been a few updates to the pre-release that make it much better than before and quite usable but the final release is still pending.
There has been deadly silence regarding the A.inc / Thendic court case. I don't know what the conclusion was, if any.
I think KMOS own the IP now. They are not being very public at the moment so noone knows exactly what they are upto.
Genesi seem to be in the news lately. The reasons you will find out by reading up on the matter. Suffice to say that they have some 'not very happy' ex-employees and there is a lot of blame shifting going on. Again the matter is not totally clear. They also seem to be shifting more towards linux and the future funding of MorphOS is uncertain.
