Investors flee Carbonite after Limbaugh announcement

The Daily Caller ^ | 4/6/12 | Jeff Poor

[Impala64ssa]

On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”:

Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.

However, it hasn’t done much to contribute to his company’s stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.

[OneHun]

Alternatives:

 

SOS Online Backup Home Edition 5.0

CrashPlan 3.0

MozyHome review

BackBlaze review

Norton Online Backup review

 

[OneHun]

Spread the word why Carbonite is sucks:

http://nobleackerson.com/carbonite-sucks

7 months ago (Tweet)

http://starpointe.wordpress.com/2008/01/28/that-explains-a-lot-about-carbonite/

That explains a lot about Carbonite

(lots of comments)

http://carbonite-madcustomer.blogspot.com/2010/12/carbonite-sucks.htmlCarbonite Sucks

 

 

 

[catfish1957]

I wish FR would create a huge highlighted link at the web portal page to inform Freepers of companies that support liberal causes and liberal media. There are a lot more conservatives in this country than idiot liberals... let’s boycott them into oblivion.

[ShadowAce]

I wrote them and said we will not renew again, wish I could figure out where to go now.

Buy an external hard drive and back up your own data.

[bossmechanic]

I agree.
It would be handy to have a list of companies and their political bent.
Guess I’m a bigot that way. I prefer to do business with people and companies that have the sense to support conservative principles and shun commie dictats. Same reason I won’t consider movies with Cruise, Sheen etc.

Kinda like Citco. With all the choices available, why buy Chavez fuel? I feel the same about GE, Berkshire, and GM.

The media got a big chuckle out of Romney when he said corporations are people. We all know that legally they are indeed viewed that way. But a corporation/company is very much a reflection of the people running the joint. Rotten leadership taints the whole.

[sit-rep]

i thought about that the very first time I heard one of their commercials...

[AlexW]

Just buy external backup drives and keep on a routine to update them.
____________________________________

As I have posted many times...That is all fine as long as you do not suffer an act of God such as a fire, which I did, or theft.
You have NO backup unless it is off site.

[marygam]

“That’s it!” I now know that this disease that I have suffered for years is heredity, Opinionated Italian disease! LOL! Thanks svcw for my diagnosis, it is truly appreciated. Good news is no meds necessary cause there ain’t no cure.

[catfish1957]

Fond this at another web site....

MSNBC and Chris Matthews Advertisers on Sunday Feb. 12, 2012

Advair

American Petroleum Institute (Ad was pushing for more oil and gas in the USA)

Aqua Velva

Audi

Audi Ft. Myers 239 454 444

Caption telephones, as seen on CapTelOffer.com

Charles Schwabb

Chevron

Comcast

Febreze

Fitzgeralds, Bonita Springs, FL

GE

ING ING.Com/US

Kushner and Kushner (lawyers)

Lexus

Liberty Mutual 888 853-3144

Nature Valley Granola Bars

NBC

New York Times

Northern Trust

Phillips (Colon Health)

Porsche (in Naples and Ft. Myers FL)

Raymond James financial advertiser

Recreational Warehouse (in Naples and Ft. Myers FL)

Sleep Number (beds) 1-800 Sleep Number

The Stage in Bonita Beach

[mc5cents]

Yes, if only Rush had used the word “strumpet” instead. Oh, well.

[jmaroneps37]

Mozy works well. I had to ask them to get my docs back after a crash and the process was smooth and completed in about 7 minutes. I had tried to sign up for Carbonite but found it so difficult I just stopped trying. I had a password issue and they just kept ignoring my Emails. Finally I turned to Mozy - good move.

[catfish1957]

...or even stopped at slut, which was the absolute truth.

[Caipirabob]

Life can suck when you completely alienate your PAYING clients.

[FrogMom]

Ping for later

[Eccl 10:2]

But you bought it at Costco!!!!!

AAARRRRGH!!!!!!!

[JaguarXKE]

That was BEFORE the Rush kerfuffle!

[old_sage_says]

Kim Komando has been advertising Carbonite much longer than Rush. She has a Saturday radio show 7-10 AM PST. Oh! Did I mention she “cut her teeth” at IBM?

Here is an interesting article by Kim that everyone might wish to read: http://www.komando.com/tips/index.aspx?id=12120

The article explains why the FBI might make it difficult to get online March 8.

[antisocial]

I have McAfee total protection for my 3 computers. It has a cloud based back-up as a standard feature.

[alnick]

Now would be a good time for some smart competitor to run an ad campaign with Rush.

[ZX12R]

I’m guessing Carbonite will sell off even more today. Rush was by far the biggest name associated with them, and they haven’t been doing very well since their beginning. And the overwhelming majority of Rush listeners are big, big supporters. I think they cut their throat with this stupid move.

[PapaBear3625]

I have been poopooing all the wise guys that say they have their own backup, but that is worthless in event of a natural disaster or fire.

So you take a backup of your home computer and keep it at your desk at work, and a backup of your work computer you take home. Any disaster that completely destroys both locations will mean you have bigger things to worry about than your data.

If you work from home, substitute "some nearby relative or bank safe deposit box".

[Mygirlsmom]

What’s really scary about this ‘slut’ thing is the fact that it’s THE 0BAMA REGIME in conjunction with George Soros’ hit-squad organizations THAT IS STRONG-ARMING THESE COMPANIES INTO ABANDONING RUSH.

And as I mentioned before, it's really a win/win for them. They are anti-business anyway, so destroying a few businesses while trying to take Rush down is a bonus. That the businesses are ignorant enough to participate in their own destruction is mind blowing.

True, they would have had to face having their Facebook pages littered with incoherent rambling trash, but they are getting that anyway AND losing their real customers on the right.

A simple statement of "while we don't necessarily agree with the statement, we support Freedom of Speech and Freedom of Association." should have been all that was necessary.

[MrB]

I’m kicking myself for not shorting them when I found out they pulled their advertising.

The opposite is also true, and Rush has alluded to it by saying he can’t comment on it. (see “apophasis”)

New advertisers’ stock shoots up upon announcement of their sponsorship of Rush.

[AlexW]

“So you take a backup of your home computer and keep it at your desk at work, and a backup of your work computer you take home. Any disaster that completely destroys both locations will mean you have bigger things to worry about than your data.”
_________________________________________

I have no idea what you are babbling about.
I do not work. I do not even live in the USSA.
All I said was that anyone who needs serious backup should
use an off site service.....period

[AppyPappy]

If Carbonite goes under because of this, what do you think will happen to your data?

[ZX12R]

I’m kicking myself for not shorting them when I found out they pulled their advertising.

I had the same thought, so, you are not alone. Not being a daily player, or even really pay attention to the stock market every day, I didn't have the thought till yesterday.

I'm sure there are plenty that did so immediately upon hearing the news. We'll see where the bottom is.

[MrB]

I went to a “cash position” on most of my savings/retirement stuff several months ago.

We’re looking at a severe overall crash coming up,
and it won’t be pretty.

[PapaBear3625]

All I said was that anyone who needs serious backup should use an off site service.....period

And all I said was rather than use a web-based off site service, just take a damn backup and store it someplace else.

[conservatism_IS_compassion]

We have a fire proof safe where we store our backup drive. Better safe than sorry and we don't have to pay a monthly fee to a Marxist pos company.

I use Time Machine on my Mac . . . but you make an excellent point about physical security. Wonder if there’s a way to use Time Machine to make multiple backups . . .

Or maybe I should just get a second drive and periodically back up my Documents file and my photos . . .

[ZX12R]

I went to a “cash position” on most of my savings/retirement stuff several months ago. We’re looking at a severe overall crash coming up, and it won’t be pretty.

I got out a couple years ago. The stock market just didn't seem real to me anymore. I only kept a few hundred cheap shares of a small biotech flu vaccine manufacturer, hoping to hit it big someday, like the lottery.

I also agree about the crash, have thought so for awhile. Although world economies keep chugging along somehow, it just seems like it could all come tumbling down, with just one significant event. Like a snowball rolling down a hill.

[1_Rain_Drop]

What are the chances that carbonite with receive a bailout from their dearest leader?

That would be a great way for our government to receive data about Rush supporters who didn’t renew.

[New Jersey Realist]

Don’t forget to send your used condoms to Fluke, White House and the rest.

[gymbeau]

I use a portable hard drive to back up my stuff and keep it in a fireproof safe. I’m thinking of getting a second one and keeping it in my safety deposit box or maybe my son’s place in case the first one is lost.

I’ve never been comfortable having my data out there in the (hackneyed word alert) Cloud and don’t/won’t use the cloud. Not paranoid (well, much), just don’t trust outsiders and think it’s no one’s business what’s on my hard drive. Plus I prefer being self sufficient.

[ataDude]

pssst... I’ll be at Capital One Thursday closing two accounts with more than $100k in them... earning little interest.

[ataDude]

Lifelock hasn’t canceled, have they?

[NoLibZone]

The DNC claims to rep the indignant.

Why on earth would a business cater to the tomographic that cant afford its products?

I see Netflix type leadership at Pro Flowers, Carbonite and Select Mattress.

[NoLibZone]

The DNC claims to rep the indignant.

Why on earth would a business cater to the demographic that can’t afford its products?

I see Netflix type leadership at Pro Flowers, Carbonite and Select Mattress.

[MayflowerMadam]

“I am not so much of a paranoid type, but I wonder about all the data they have on me.”

That’s always been a question in my mind. It’s truly scary.

[MayflowerMadam]

“Same reason I won’t consider movies with Cruise, Sheen etc.”

That’s the reason we don’t attend movies any more. In my mind is always the thought that one cent of the money I give to them will somehow end up in Obama’s coffers. Can’t do it.

[MayflowerMadam]

Neat idea, but there may be (although I’m not sure) legal ramifications for senders. Bodily fluids can be lethal now. God knows I spent a decade in H.R. helping with training on that subject.

[New Jersey Realist]

You’re a good person. Thanks!

[funfan]

I heard a Lifelock and Quicken loans commercial on his show today. I started laughing when I heard them.

[F15Eagle]

“Investors flee Carbonite after Limbaugh announcement”

ROTFLOL - I just cracked up when I saw this on Drudge

[F15Eagle]

“Investors flee Carbonite after Limbaugh announcement”

ROTFLOL - I just cracked up when I saw this on Drudge

[Gopher Broke]

Carbonite has online ads like crazy, all over the internet like weather sites, etc.

I am happy to click on their link then DO NOTHING so they have to pay Google for the click but get nothing in return.

[COBOL2Java]

Someone there made a bad decision. Time will tell.

Carbonite accountant: "Hey, boss, bad news: we're losing market share since we withdrew from the Limbaugh contract, and our stock took a nosedive."

Carbonite CEO: [facepalm] "We're fluked!"