Uber’s recent stumbles have helped Lyft surge ahead in terms of revenue, but its costs are growing, too.
Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6,600 employees this week. The company says that it’s part of a recalibration where it is trying to find workers who are better suited to their current business approach.
A Rackspace spokesperson told TechCrunch that it is “a stable and profitable company.” In fact, it hired 1,500 employees in 2018 and currently has 200 job openings. “We continue to invest in our business based on market opportunity and our customers’ needs – we take actions on an ongoing basis in some areas where we are over-invested and hire in areas where we are under invested,” a company spokesperson explained.
The company, which went public in 2008 and private again for $4.3 billion in 2016, has struggled in a cloud market dominated by giants like Amazon, Microsoft and Google, but according to Synergy Research, a firm that keeps close watch on the cloud market, it is one of the top three companies in the Hosted Private Cloud category.
It’s worth noting that the top company in this category is IBM, and Rackspace could be a good target for Big Blue if it wanted to use its checkbook to get a boost in market share. IBM is in third or fourth place in the cloud infrastructure market, depending on whose numbers you look at, but it could move the needle a bit by buying a company like Rackspace. Neither company is suggesting this, however, and IBM bought Red Hat at the end of last year for $34 billion, making it less likely it will be in a spending mood this year.
For now the layoffs appear to be a company tweaking its workforce to meet current market conditions, but whatever the reason, it’s never a happy day when people lose their jobs.
Microsoft’s second-generation mixed reality headset has made a significant leap. Microsoft’s Alex Kipman goes into details on the Gadget Lab podcast.
After years of development and delays, SpaceX’s Crew Dragon is ready to launch into orbit. It’s the first commercially built and operated crewed spacecraft ever to do so, and represents in many ways the public-private partnership that could define the future of spaceflight.
Launch is set for just before midnight Pacific time — 2:49 Eastern time in Cape Canaveral, from where the Falcon 9 carrying the Crew Dragon capsule will take off. It’s using Launchpad 39A at Kennedy Space Center, which previously hosted Apollo missions and more recently SpaceX’s momentous Falcon Heavy launch. Feel free to relive that moment with us, while you’re here:
The capsule has been the work of many years and billions of dollars: an adaptation of the company’s Dragon capsule, but with much of its cargo space converted to a spacious crew compartment. It can seat seven if necessary, but given the actual needs of the International Space Station, it is more likely to carry two or three people and a load of supplies.
Of course it had to meet extremely stringent safety requirements, with an emergency escape system, redundant thrusters and parachutes, newly designed spacesuits, more intuitive and modern control methods and so on.
It’s a huge technological jump over the Russian Soyuz capsule that has been the only method to get humans to space for the last eight years, since the Shuttle program was grounded for good. But one thing Dragon doesn’t have is the Soyuz’s exemplary flight record. The latter may look like an aircraft cockpit shrunk down to induce claustrophobia, but it has proven itself over and over for decades. The shock produced by a recent aborted launch and the quickness with which the Soyuz resumed service are testament to the confidence it has engendered in its users.
But for a number of reasons the U.S. can’t stay beholden to Russia for access to space, and at any rate the commercial spaceflight companies were going to send people up there anyway. So NASA dedicated a major portion of its budget to funding a new crew capsule, pitting SpaceX and Boeing against one another.
SpaceX has had the best of Boeing for the most part, progressing through numerous tests and milestones, not exactly quickly, but with fewer delays than its competitor. Test flights originally scheduled for 2016 are only just now beginning to take place. Boeing’s Starliner doesn’t have a launch date yet, but it’s expected to be this summer.
Tonight’s test (“Demo-1”) is the first time the Crew Dragon will fly to space; suborbital flights and landing tests have already taken place, but this is a dry run of the real thing. Well, not completely dry: the capsule is carrying 400 pounds of supplies to the station and will return with some science experiments on board.
After launch, it should take about 11 minutes for the capsule to detach from the first and second stages of the Falcon 9 rocket. It docks about 27 hours later, early Sunday morning, and the crew will be able to get at the goodies just in time for brunch, if for some reason they’re operating on East Coast time.
SpaceX will be live streaming the launch as usual starting shortly before takeoff; you can watch it right here:
Attention legislators left and right: Hearings like Michael Cohen’s should be fact-finding missions, not conspiracy-minded fishing expeditions.
Plus: a blockchain smartphone, a new way to buy glasses, and your new favorite multicooker.
Those things are unrelated. Also happening this week in videogames? Pokémon!