Rambo Tribble writes Telecom player CenturyLink is reported to be considering the acquisition of server and cloud provider Rackspace. From the article: "The deal would add more Internet and cloud services to CenturyLink's roster of phone and data communications packages, helping it better compete against Amazon.com in Web-based services. Microsoft Corp. and Google are also vying for business as companies transition from owning and operating servers to renting space in the cloud." Read more of this story at Slashdot. Click here to read full news..