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Apparently the launchd code got rolled into xpc, which is closed source.

It's still used, they haven't released the source.

launchd is still the launch agent for 10.10, they probably just removed the source for this version.

Ah, the freedoms of permissive licenses... better than proprietary at least.

they wrote launchd. Even if they released it under GPL, as the copyright owners, they would have the freedom to make future releases closed source.