Experts square off over Net's role in Calif. power crisis

Article Abstract:

The Internet is perceived as a power-sucking vampire that is worsening the energy crisis in California. Experts estimate that Internet-related computers, telecommunications and networking devices siphon 3% to 8% of the electricity of the US. Server farms that house rows of computers that run Web sites and other business operations are regarded as the worst culprit. The debate, which has flared in 2000, arose again in Jan 2001, as electricity shortages forced California utilities to impose rolling blackouts across the state, leaving 1 million businesses and residents in the dark.

Online information services

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Semiconductor companies sliding with no end in sight

Article Abstract:

The semiconductor industry, valued at $204 billion, is facing a record financial downturn. Analysts are forecasting lower stock prices, inventory buildups and continued weak profitabilities for chip manufacturers. The present trend, the worst in the industry's history, has been exacerbated by the bleak financial forecasts on Feb 26, 2001, by such companies as Texas Instruments, National Semiconductor, Intel as well as a number of prominent Wall Street analysts.

United States, Semiconductor Devices, Semiconductor and Related Device Manufacturing

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Banks fight back in ATM surcharge war

Article Abstract:

Wells Fargo and Bank of America announced they will disallow non-bank customers to use their automated teller machines (ATMs) in Santa Monica, CA. The Santa Monica City Council has earlier approved a measure that prohibits banks from imposing surcharges on transactions made by non-bank customers. The two banks say the surcharges are needed for the maintenance of their ATM networks.

Commercial Banking, Government regulation (cont), Commercial Banks, Wells Fargo & Co.

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