Technically, yes. But the net effect has been that it's become very popular with companies that depend on the unfixed loopholes. You are right that the reason switching for Linux never happened is also that it would require permission from the copyright holders.
But if I recall correctly, Linus Torvalds was biased against this in any case (probably for the reasons I outlined). Either way, the license has served Linux well.
I would even say that without the GPL attached to it (with linking exception) the Linux kernel wouldn't have been where is was now.
We're a place where coders share, stay up-to-date and grow their careers.
We strive for transparency and don't collect excess data.