The Cloud Market, Little Space for Rackspace?

Little Space Remains for Rackspace -- Ahead of the Tape - WSJ - WSJ: "... Rackspace was effectively shopping for a buyer, only to formally call off the effort a few weeks before the quarter’s end... Keeping business running during a period of such uncertainty is a notable feat. But the bigger question of whether Rackspace is better off alone won’t be settled here. The company is in the painful position of competing against a host of large, deep-pocketed tech stars like Amazon.com Inc., Google Inc. and Microsoft Corp. that are driving down the price of cloud services...." (read more at link above)

More Cloud News below--computing, storage, infrastructure, security (on mobile @ web version -- link below)

Follow @CloudAlive