Judge Throws Out Ransomware Class-Action Suit Against Rackspace
Credit: Rackspace Technology
A federal judge in San Antonio has tossed a proposed class-action lawsuit against Rackspace Technology over a ransomware attack.
Rackspace Technology to Lay Off 4% of Employees
Rackspace is the latest tech firm to announce layoffs, saying it would cut approximately 4% of its global workforce.
Rackspace Valuation Falls Below $1 Billion Amid MSP Ransomware Attack
Credit: Rackspace Technology
Rackspace Technology’s turbulent year continues amid ransomware attack, CEO change, reorganization & failure to find buyer for the underperforming MSP business.
Rackspace Changes CEOs Amid Multi-Cloud MSP Struggles
Credit: Rackspace Technology
Rackspace, owned by private equity firm Apollo Global Management, promotes Amar Maletira to CEO after public & private cloud MSP reorganization.
Rackspace: No Serious Buyers for Multi-Cloud MSP’s Business Units?
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Public & private cloud MSP Rackspace received inbound inquiries about the managed hosting company’s business assets, but it sounds like Rackspace assets are no longer for sale.
Rackspace Confirms Reorg; Hires Cognizant Veteran As Public Cloud Leader
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Rackspace hires Cognizant veteran D K Sinha as president of Public Cloud Business Unit. What will become of Private Cloud Business unit?
Rackspace, Akamai Partner for SMB and Enterprise Cloud Security
Credit: Rackspace Technology
Rackspace hasn’t said much about managed multi-cloud security services during the MSP’s recent earnings call. Will Akamai partnership change that?
Multi-Cloud MSP Rackspace Seeks to Lift Sagging Stock
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Rackspace ($RXT) stock buyback plan reinforces challenges & opportunities in the AWS, Azure & Google multi-cloud managed services market.
Rackspace Financial Forecast Reveals Multi-Cloud MSP Challenges
Rackspace, a bellwether stock ($RXT) for multi-cloud MSP services, may face slowing growth before the business re-accelerates in 2H of 2022, CFO indicates.
Rackspace Acquires Microsoft Azure Partner Just Analytics
Credit: Rackspace Technology
Rackspace Technology, armed with Just Analytics acquisition, gains Microsoft Azure Data Analytics & artificial intelligence (AI) cloud consulting expertise in the Asia Pacific & Japan (APJ) region.
