Microsoft, Yahoo, spend hundreds of millions on data centers
The cost of new data centers is rapidly rising, Slashdot notes, as the glut of facilities built during the bubble dries up. Once available on the cheap thanks to dotcom bankruptcies, the mammoth computer-hosting facilities now cost $100 million and up to build, and can consume as much electricity as a small city. Yahoo and Microsoft are rolling their own data centers -- large, warehouse-like spaces outfitted with cooling equipment and cages for rack after rack of server computers -- because of the shortage of space, and Equinix, a data-center operator, is opening new centers in Chicago and Los Angeles. Slashdot readers are posing keen questions about the trend -- why not, asks one, refit abandoned industrial buildings in cities like Detroit where land is cheap? But it turns out that the cost of electricity, not land, is the major factor in choosing sites, which is why locations like Quincy, Wash. and San Antonio, Texas are becoming the new hot spots for data centers.
Posted by Owen Thomas 11:11 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.