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Comment this is old technology (Score 1) 299

I lived in Morgantown WV (USA) for a year. Morgantown is a small city of about 50,000 people which has had a PRT system since the 1970s. It's the same exact thing, small electric vehicles with a max capacity of 12 people that don't have drivers but are controlled from a central station that monitors/controls all the vehicles on the system. They even call it the "PRT". It's a terrible form of transport, no different than any other public transit.
Data Storage

Data Centers Crucial To Lehman Sale 301

miller60 writes "What assets retain value in the midst of a financial panic? Data centers. When assets of bankrupt Lehman Brothers were sold to Barclays Tuesday for $1.75 billion, Lehman's data centers and headquarters accounted for $1.5 billion of the value in the deal. That echoes the JPMorgan-Bear Stearns fire sale, in which Bear's two data centers and HQ represented much of the sale price. Amidst financial turmoil, Wall Street's high-tech data centers become the crown jewels for buyers of distressed assets."
Privacy

National Car Tracking System Proposed For US 563

bl968 writes "The Newspaper is reporting that the leading private traffic enforcement camera vendors are seeking to establish a national vehicle tracking system in the United States using existing red-light and speed enforcement cameras. The system would utilize Automatic Number Plate Recognition (ANPR) to track vehicles passing surveillance cameras operated by these companies. If there are cameras positioned correctly the company will enable images and video to be taken of the driver and passengers. The nice thing in their view is that absolutely no warrants are needed. To gain public acceptance, the surveillance program is being initially sold as an aid for police looking to solve Amber Alert cases and locate stolen cars."

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