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Earnings: Rackspace Cloud Loses Momentum, OpenStack Doesn't Help

May 09, 2013, 08:00 (0 Talkback[s])
(Other stories by Joe Panettieri)

Rackspace (NYSE:RAX), the cloud services provider (CSP) and OpenStack proponent, delivered weaker than expected quarterly earnings results today. The big question: Is the growth of cloud computing slowing down -- or is Rackspace being squeezed by Amazon Web Services, Microsoft Windows Azure and other big-name public clouds?

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