What happens when you offer everyone in America a free 20 ounce Dr. Pepper, and point them to your web site? That crashing noise is the sound of the web servers at DrPepper.com.

Verizon (VZ) launches a peer-to-peer CDN offering using Velocix technology, while Rackspace (RAX) launches its CloudFiles CDN with support from Limelight NEtworks (LLNW).

Rackspace (RAX) said "larger use of recycled equipment" in its cloud computing operation is one of the trends allowing it to reduce its capital expenditures for 2008 by $40 million.

Rackspace Hosting (RAX) is reducing its planned capital spending on data centers because it believes it will be able to buy or lease a facility for less than it would cost to build one of its own.

Almost lost in the hubbub around Rackspace's acquisitions of Jungledisk and Slicehost was an expanded partnership between Rackspace (RAX) and Limelight Networks (LLNW).

What do analysts and cloud bloggers make of Rackspace's acqusition of Jungledisk and Slicehost? Here's a roundup.

What do analysts and cloud bloggers make of Rackspace's acqusition of Jungledisk and Slicehost? Here's a roundup.

Rackspace (RAX) has acquired online backup company JungleDisk and developer-focused virtual server company Slicehost to hasten its expansion into the cloud.

Rackspace (RAX) has borrowed an additional $150 million on its revolving line of credit, citing "uncertain economic conditions in the credit and bank markets."

Rackspace (RAX) executives said stepped-up customer acquisition helped the company meet revenue goals amid a slowing economy.