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This and more important news from your Fast Company editors, with updates all day. Carbonite's Cloudy IPO . Carbonite, a paid cloud-storage warehouse service, is prepping for an IPO--making the most of growing awareness about cloud technology, and before competitors like Amazon or Apple seal up much of the consumer-facing industry

I'm picturing what it must be like at Microsoft HQ in Redmond, Washington these days. First, consider the Xbox divison that has sold more than 10 million Kinect gaming systems since its launch last Fall, making it the fastest selling consumer electronics device ever.