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Saturday, November 13th, 2021

    Time Event
    10:00a
    Apple-1 Computer Fetches $400,000 At US Auction
    The Apple-1, one of Apple's first computers, fetched $400,000 at auction in the U.S. earlier this week. Slashdot reader schwit1 first shared the news with us. The BBC reports: The rare Hawaiian koa wood-cased Apple-1 -- still functioning -- is one of only 200 made and sold in kit form. The computer has only had two owners, a college professor and his student to whom he sold the machine for $650, said John Moran Auctioneers in California. The sale included user manuals and Apple software on two cassette tapes. The koa wood case of the auctioned model was added by a pioneering early computer retailer, ByteShop, in California, which took delivery of around 50 of the Apple-1 machines. In 1976, the machines were sold for $666.66, reportedly because Wozniak liked repeating numbers. It is believed there are around 20 such computers in the world still capable of functioning. The auctioned machine is not the highest-grossing Apple-1 computer -- that distinction belongs to a working version that sold for $905,000 at a Bonhams auction in New York in 2014.

    Read more of this story at Slashdot.

    5:34p
    Last Year's Texas Power Outage Will Now Cost Natural Gas Customers $3.4 Billion
    "Texans will be paying for the effects of last February's cold snap for decades to come," reports Ars Technica, "as the state's oil and gas regulator approved a plan for natural gas utilities to recover $3.4 billion in debt they incurred during the storm. "The regulator, the Railroad Commission, is allowing utilities to issue bonds to cover the debt. As a result, ratepayers could see an increase in their bills for the next 30 years." During the winter storm, natural gas prices spiked as cold temperatures drove demand up while also depressing supply... The governor's office knew of the looming shortages days before they happened, yet the preparations they made did little to alter the course of the disaster... Gas sellers made record profits in just a few days, together bringing in as much as $11 billion, about 70-100 times more than normal, based on spot prices at the time. Meanwhile, many Texans suffered through blackouts and bitter cold, and 210 people died, according to the latest estimate from the Texas Department of State Health Services. In the wake of the storm, many officials have called on utilities and oil and gas companies to winterize their operations... Texans aren't the only ones whose bills are higher as a result of producers' and utilities' unwillingness to winterize their equipment. Utilities around the country were forced to buy natural gas at significantly higher prices when Texas' markets went haywire as a result of low supply and high demand. Ratepayers as far away as Minnesota will be paying surcharges for years to come after their utilities had to pay $800 million more than expected for natural gas. The article also includes a quote from Katie Sieben, chairwoman of the Minnesota Public Utility Commission, from an April article in The Washington Post. "It is maddening and outrageous and completely inexcusable that Texas' lack of sound utility regulation is having this impact on the rest of the country."

    Read more of this story at Slashdot.

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