MojoKid writes "AMD is announcing its Radeon HD 8970M. The mobile GPU is based on a design that has a few small feature changes that have led it to be unofficially labeled a Graphics Core Next (GCN) 1.1 part versus AMD's previous gen GCN 1.0 technology. AMD claims that the Radeon HD 8970M is significantly faster than NVIDIA's GeForce GTX 680M in a variety of tests, but high-end laptops that use AMD hardware are harder to find these days."

Google's I/O annual conference is ramping up at San Francisco's Moscone Center. Last year, in the conference keynote, the company took its biggest-yet dive into hardware when it introduced the Nexus 7 tablet, Google Glass, and the ill-fated Nexus Q. The secret is out on Glass, of course: this year, there's a pavilion inside the conference center where I'm sure they'll be showing off applications for it. (Quite a few of the people in the endless lines here are wearing their own, too.) Anticipating the announcements at I/O is practically its own industry, but it's easy to guess that there will be announcements from all the major pots in which Google has its many thousands of (tapping) fingers. Android, search, Chrome, mapping, and all the other ways in which the behemoth of Mountain View is watching what you do. You can watch the keynote talk (talks, really) streamed online from the main conference link above, but this story will be updated with highlights of the announcements, as well with stories that readers contribute. Update: 05/15 16:22 GMT by T : Updates below. Update: 05/15 19:02 GMT by T :Update details: Notes (ongoing) added below on maps, gaming, the Play store, Google+, and more. And, notable, Larry Page is (at this writing) on stage, with an unannounced Q & A session.

mattOzan writes "When data centers first opened in the 1990s, the tenants paid for space to plug in their servers with a proviso that electricity would be available. As computing power has soared, so has the need for electricity, turning that relationship on its head: electrical capacity is often the central element of lease agreements, and space is secondary. While lease arrangements are often written in the language of real estate, they are essentially power deals. 'Since tenants on average tend to contract for around twice the power they need, Mr. Tazbaz said, those data centers can effectively charge double what they are paying for that power. Generally, the sale or resale of power is subject to a welter of regulations and price controls. For regulated utilities, the average "return on equity" — a rough parallel to profit margins — was 9.25 percent to 9.7 percent for 2010 through 2012.'"