The New York Times: In Friday morning trading, Facebook's stock fell to new lows following its first quarterly earnings report. The company reported revenue of $1.18 billion, up over last year's $895 million. However, it posted a net loss of $157 million, or 8 cents a share. As a result, the stock slipped to $23 a share, a full 40 percent less than the company's opening price of $38.
“Obviously we’re disappointed about how the stock is traded,” said Facebook CFO David Ebersman. “But the important thing for us is to stay focused on the fact that we’re the same company now as we were before.”
One of the ways around the issues of security and control that make some businesses wary of cloud computing is to build a private cloud -- one that remains within the corporate firewall and is wholly controlled internally. Private clouds also increase the agility of IT an organization's IT infrastructure and make it easier to roll out new technology projects. Download this eBook to get the facts behind the private cloud and learn how your organization can get started.