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Investors flee Carbonite after Limbaugh announcement (they dumped him)
TheDC ^ | March 6, 2012 | Jeff Poor

Posted on 03/06/2012 2:54:50 PM PST by Rufus2007

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 We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.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.

...more...

(Excerpt) Read more at thedc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: carbonite; fluke; limbaugh; nasdaq; obamasupporter; rushlimbaugh; sandrafluke; sandytheslut
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To: rabidralph

Switch to Amazon S3 (Simple Storage Service). I priced Mozy, Carbonite, et al and found S3 to have the best price of the bunch...plus it’s by a company that really knows how to make highly reliable data centers and is going to be around. I pay about $7/month for 65 GB, I think.

If you use a Mac, get the Arq front-end software. Brilliantly simple, only $30, and flawless incremental backups after the initial backup. Upfront payment of $30 and less than $100/year for the safety of offsite storage — I love it.


81 posted on 03/07/2012 2:45:32 AM PST by ProtectOurFreedom
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To: ProtectOurFreedom

PS. I use USB drives at home to make bootable image backups. But I’m paranoid about theft or fire wiping out everything I have, so the USBs are the Belts and the S3 service is the Suspenders. I like peace of mind.


82 posted on 03/07/2012 2:49:21 AM PST by ProtectOurFreedom
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To: rabidralph

High capacity external hard drives are cheap. I also use high capacity thumb drives (I have a 32GB stick that I use a lot). Even the Solid State external drives are coming down in price.


83 posted on 03/07/2012 6:13:57 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: driftdiver

Don’t the backup services themselves use HDDs to store your data? My point being, let us not rely on any ONE back up. Personally, I use several back ups...just in case.


84 posted on 03/07/2012 6:19:33 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: Cato in PA; rabidralph

Heck, these days you can even create your own cloud with an external hard drive so that you can access your data remotely from an HDD in your own home.


85 posted on 03/07/2012 6:27:23 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: Army Air Corps

Yes they use hard drives, however theirs are mirrored and backed up themselves. The chances of losing data in that environment are very small.

The problem I’ve had with keeping several backups is version control. Likewise, with this kind of service the file is backed up basically in real time. Manual backups are less frequent.


86 posted on 03/07/2012 7:22:39 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: goodnesswins

no refunds from what I’ve heard


87 posted on 03/07/2012 7:33:23 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver

yeah...wondered about that....but, they’ve never dealt with me...actually, it would be great to get them off of Ingraham and others, too....


88 posted on 03/07/2012 8:11:44 AM PST by goodnesswins (2012..."We mutually pledge our Lives, our Fortunes, and our Sacred Honor")
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