Technology

Daily Crunch: Rackspace is going public again

Daily Crunch: Rackspace is going public again

We look at Rackspace’s finances, a Facebook code change causes numerous app issues and electric vehicle company Rivian raises $2.5 billion. Here’s your Daily Crunch for July 10, 2020. The big story: Rackspace is going public again The cloud computing company first went public in 2008, before accepting a $4.3 billion offer to go private […]

Rackspace preps IPO after going private in 2016 for $4.3B

Rackspace preps IPO after going private in 2016 for $4.3B

After going private in 2016 after accepting a $32 per share, or $4.3 billion, price from Apollo Global Management, Rackspace is looking once again to the public markets. First going public in 2008, Rackspace is taking second aim at a public offering around 12 years after its initial debut. The company describes its business as […]

Amazon will pay $135,000 to settle alleged US sanction violations

Amazon will pay $135,000 to settle alleged US sanction violations

In a statement issued this week, the U.S. Treasury Department notes that Amazon has agreed to pay $134,523 to settle potential liability over alleged sanctions violations. The charges specifically pertain to goods and services sent to people located in Crimea, Iran and Syria, which are covered by Office of Foreign Assets Control (OFAC) sanctions, between […]

Amazon’s Alexa heads Toni Reid and Rohit Prasad are coming to Disrupt

Amazon’s Alexa heads Toni Reid and Rohit Prasad are coming to Disrupt

It’s hard to believe that Alexa was only announced in November 2014. In few than six years, the smart assistant has gone from consumer electronics curiosity to a nearly ubiquitous tech phenomenon. Launched alongside the first Echo device, Alexa has helped definite a new paradigm of voice computing, alongside Apple’s Siri and Google’s Assistant. According […]

Docker partners with AWS to improve container workflows

Docker partners with AWS to improve container workflows

Docker and AWS today announced a new collaboration that introduces a deep integration between Docker’s Compose and Desktop developer tools and AWS’s Elastic Container Service (ECS) and ECS on AWS Fargate. Previously, the two companies note, the workflow to take Compose files and run them on ECS was often challenging for developers. Now, the two […]

LogDNA announces $25M Series C investment and new CEO

LogDNA announces $25M Series C investment and new CEO

LogDNA, a startup that helps DevOps teams dig through their log data to find issues, announced a $25 million Series C investment today along with the promotion of industry vet Tucker Callaway to CEO. Let’s start with the funding. Emergence Capital led the round with participation from previous investors Initialized Capital and Providence Equity. New […]

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