The San Diego power outage may be responsible for the Microsoft Office 365 service (a "cloud computing" offering) being down. Other Microsoft cloud services like Hotmail and Live were also affected. The company is not saying what actually caused the problem, but the article notes that as many as 365 million users were affected.
You can't put all your data eggs in one cloud basket. Cloud services are terrific when they work, but what is your plan B when they don't work? Community-owned broadband facilitates the growth of local cloud service offerings that allow businesses to host data nearby, where they could actually get physical access to the data if they needed it.