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Rackspace, US Inc.

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  • Wall Street edges higher after Fed; Dow sets record

    Wall Street edges higher after Fed; Dow sets record
    NEW YORK (Reuters) - U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement.
  • Rackspace says not to sell itself; shares fall

    (Reuters) - Cloud management services provider Rackspace Hosting Inc said it would not sell itself, sending its shares down 16.5 percent in after-market trading. The company also named President Taylor Rhodes as chief executive, replacing Graham Weston,...

    After Heartbleed, tech giants team up to fund open-source projects

    After Heartbleed, tech giants team up to fund open-source projects
    Google, Microsoft, Facebook and several other tech giants have teamed to create an initiative that will be used to fund important open-source projects that are in need of financial assistance such as OpenSSL, which was recently plagued by the discovery of...

    Oracle reportedly near deal for Columbia-based Micros Systems

    Oracle reportedly near deal for Columbia-based Micros Systems
    Stock in Columbia-based Micros Systems Inc. surged Tuesday after a report that it was about to be acquired by technology giant Oracle Corp. The company's shares shot up nearly 15 percent to close at $66.33 each in Tuesday trading after Bloomberg News...

    NSA spying fuels EU concerns about U.S.-based cloud services

    The fallout from the National Security Agency's secret surveillance programs unmasked last month is spreading to companies such as Amazon, Rackspace and SoftLayer. The U.S.-based cloud-computing providers stand to lose out on billions of dollars if they...