Lanham Napier says the new technology presents a frontier in the industry.
Only three years ago, companies were nervous about the potential security and management risks of sending critical data and services into the "cloud." Today, the cloud-computing industry has developed so rapidly that Rackspace (RAX) has put its faith in open-source cloud technology.
Rackspace developed OpenStack, an open-source cloud operating system in 2010, and is now cranking up its efforts around the technology. Earlier this month the San Antonio, Texas-based firm announced OpenStack-powered versions of its flagship Cloud Server offering. Rackspace also unveiled a Cloud Databases offering and a Control Panel product for managing the services, both built on OpenStack.
The online giant has gone from being small businesses' worst enemy to their best friend.
By Dana Blankenhorn
Small merchants have long called Amazon.com (AMZN) a bogeyman. That's so 20th century.
Today, Amazon could be their only hope for competing with big box retailers like Wal-Mart (WMT). Small merchants also represent Amazon's "secret sauce" in justifying a PE of nearly 300 to skeptical analysts like Forbes' Martin Sosnoff.
When iOS 6 comes out in September, eager YouTubers will no longer see the built-in video app on their Apple devices. What's behind the divorce?
For years, anyone with an iPhone has been able to watch the latest viral video without opening a web browser, thanks to a built-in app. No more: Starting this fall when iOS 6 is released, the native YouTube app that's been bundled with every release of the iPhone and subsequent update since 2007 will disappear from apotentially more spacious homescreen. In a statement released by Apple (AAPL), the tech giant says its "license to include the YouTube app in iOS has ended," and that customers will still be able to access the streaming video player with Safari. For its part, Google (GOOG), which owns YouTube, says it's making a new dedicated YouTube app you'll be able to download at the App Store.
Why is Apple choosing not to renew the deal? Here, three theories:
Second-quarter revenue tops Wall Street's view, but shares fall as the company files a shelf offering to potentially raise $150 million.
By Chris Ciaccia
Zillow(Z) shares fell sharply in after-hours action Tuesday, despite the online real estate information company beating Wall Street's revenue expectations in its latest quarter on strength in its mobile and Web monetization efforts.
Seattle-based Zillow earned $1.3 million, or 4 cents a share, on revenue of $27.8 million for the three months ended June 30. Analysts surveyed by Thomson Reuters were looking for earnings of 4 cents per share on $27.14 million in revenue in the quarter.
Is it cloning or copyright infringement? The case between the two video game companies could set a legal precedent in the industry.
By Therese Poletti
Will social game copycats get some comeuppance?
A lawsuit filed on Friday by Electronic Arts (EA) against social game company Zynga (ZYGA) touches on a key issue in the development of lightweight social games: the outright mimicry of a concept of a game. At issue is whether Zynga went too far in its imitation of a popular EA game on Facebook, "The Sims Social," with its newest game called "The Ville."
If the case goes all the way to a trial, it could even set a legal precedent.
Copyright © 2013 Microsoft. All rights reserved.
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[BRIEFING.COM] A solid November employment report translated into a solid day of gains for the major averages. While there was some talk that the encouraging job growth raised the odds of the Fed announcing a tapering at its December meeting, the message of the markets today was either that it didn't believe there would be a tapering this month or that it doesn't fear a tapering this month.
It was just one day, yet there was ample meaning wrapped up in the connection that the 10-yr ... More
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