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They could just as easily word the press release ETL be “… releasing the source code”.

“Open Source” has a specific meaning. It’d be like saying “…is now free!” with “free” defined as some price I consider to round to zero. It’s clearly misrepresenting the word which has a specific meaning.

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'[Old versions] will be open source' would, I think, also be a fair description. Right now it's source available proprietary freeware; in three and a half years it (specifically, the now-current version) will be open source.

For this reason, I think the Business Source License (BSL) (with an Open Source Change License) is less nefarious than the Server Side Public License (SSPL).

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