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AMD deal sparks Rackspace stock surge as company cuts jobs. A massive workforce reduction is clearing the way for a major tech partnership—and Wall Street is ... Show more

AMD deal sparks Rackspace stock surge as company cuts jobs
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Rackspace’s AI push widens quarterly loss as revenue growth slows
Rackspace’s AI push widens quarterly loss as revenue growth slows: Rackspace Technology Inc. is betting big on artificial intelligence to turn the business ...
expressnews.com/business/article/rackspace-ai-push-q2-losses-revenue-growth-22383319.php
San Antonio-based Rackspace cutting 750 jobs in AI shift
San Antonio-based Rackspace cutting 750 jobs in AI shift: Rackspace Technology Inc. is laying off about 750 workers as it continues to adjust its business amid ...
expressnews.com/business/article/rackspace-slashes-750-jobs-amid-ai-push-22315055.php
Rackspace soars as it partners with chipmaker AMD on AI
Rackspace soars as it partners with chipmaker AMD on AI: Rackspace Technology Inc. reported its first profitable quarter in two years Thursday ...
expressnews.com/business/article/rackspace-amd-ai-partnership-earnings-report-22247346.php
Rackspace partners with Palantir on artificial intelligence
Rackspace partners with Palantir on artificial intelligence: The San Antonio tech firm will use Palantir's Foundry and Artificial Intelligence Platform programs ...
expressnews.com/business/article/rackspace-palantir-artificial-intelligence-deal-21369979.php
Rackspace has deal with University of Texas’ Dell Medical School
Rackspace has deal with University of Texas’ Dell Medical School: The San Antonio cloud-computing company will host and manage the medical school’s health care ...
expressnews.com/business/article/rackspace-university-texas-dell-medical-school-20814001.php
Alpha Modus sues Rackspace, alleging copyright infringement
Alpha Modus sues Rackspace, alleging copyright infringement: A North Carolina data tech firm says the San Antonio-cloud computing company has used its technology ...
expressnews.com/business/article/alpha-modus-rackspace-copyright-infringement-suit-20393908.php
Rackspace reports third-straight quarterly loss, revenue falls
Rackspace reports third-straight quarterly loss, revenue falls: Rackspace reported a loss of $72 million on revenue of $665 million in the quarter that ended ...
expressnews.com/business/article/rackspace-earnings-loss-revenue-down-amar-maletira-20317545.php
Rackspace says data breach compromised some customers' data
Rackspace says data breach compromised some customers' data: Hackers targeted San Antonio-based Rackspace Technology Inc. customers. It hasn't said how many were ...
expressnews.com/business/article/rackspace-data-breach-customers-san-antonio-19807650.php
CrowdStrike CEO apologizes but can't offer timeline for recovery
CrowdStrike CEO apologizes but can't offer timeline for recovery: The outages began after the Austin company deployed a software update to computers overnight ...
expressnews.com/business/article/crowdstrike-ceo-apologizes-can-t-offer-timeline-19583842.php
Rackspace launches initiative to train thousands of employees on AI
Rackspace launches initiative to train thousands of employees on AI: Rackspace Technology Inc. launches initiative to train thousands of employees on artificial ...
expressnews.com/business/article/rackspace-artificial-intelligence-training-fair-18206905.php
Rackspace rolls out restructuring with new execs to lead it
Rackspace rolls out restructuring with new execs to lead it: Last year, Rackspace Technology lost customer credibility after being hit by a ransomware attack and ...
expressnews.com/business/article/rackspace-rolls-restructuring-new-execs-lead-17762779.php
Rackspace ‘on trajectory of death,' founder Richard Yoo says
Rackspace ‘on trajectory of death,' founder Richard Yoo says: As the company’s culture has eroded, Richard Yoo says, it’s lost what made it special....
expressnews.com/business/article/Rackspace-Yoo-ransomware-attack-17703197.php
Rackspace Says FBI Probing Outage Affecting Thousands of Small Businesses
Rackspace Says FBI Probing Outage Affecting Thousands of Small Businesses : The company has been hit with a ransomware attack that has been unfolding for more ...
barrons.com/articles/rackspace-ransomware-attack-update-2022-fbi-51670634273
Rackspace outage persists with no immediate plans to restore service
Rackspace outage persists with no immediate plans to restore service: The San Antonio-area company’s shares were down about 10 percent Monday morning as it...
expressnews.com/business/article/Rackspace-email-service-outage-17632315.php
Rackspace’s intention not to sell leaves Wall Street wary
Rackspace’s intention not to sell leaves Wall Street wary: Months after announcing that it had a potential buyer, Rackspace confirmed it will...
expressnews.com/sa-inc/article/Rackspace-sell-Wall-Street-17395462.php
San Antonio-based Rackspace cuts 10 percent of workforce
San Antonio-based Rackspace cuts 10 percent of workforce: The company told regulators the cuts are part of a restructuring. In a statement to the...
expressnews.com/business/article/Rackspace-cuts-10-percent-of-workforce-16332307.php