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Rackspace Rises On Amazon Cloud Partnership Report

A report that Rackspace Hosting (RAX) might soon add Amazon Web Services as a cloud computing partner, in the wake of its similar Microsoft (MSFT) deal, sent Rackspace stock rising Tuesday. Rackspace on Monday said it will provide technical support and managed services for Microsoft’s public cloud computing platform, called Azure, under an expanded relationship between the two companies. Rackspace stock was up 5.5% in afternoon trading in the