Ben Congleton

Rackspace (NYSE: RAX) was down more than seven percent in after hours trading, after announcing its third quarter results. The IT hosting company reported a Q3 EPS of $0.11, which may not compare to the Street estimate of $0.16. Revenue came in at $388.6 million, which may not compare to the...

Between the yearly outages that occur at Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG), many consumers wonder about the future of cloud computing. Some technologists have expressed their concerns about the format. Others go out of their way to support cloud computing....