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Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts

Thursday, July 28, 2011

Obama's Tax Ceiling Plea Swamps Web Servers Takes Down Websites

By Justin Lee,July 27, 2011

Website of representative John Boehner (R-Ohio), one of the many sites that saw downtime Tuesday
(WEB HOST INDUSTRY REVIEW) -- The websites of various Congress members crashed Tuesday after their servers were flooded by traffic from Americans concerned about the nation's debt limit.

The sudden surge in traffic was in response to President Obama's speech Monday night which urged citizens who "want a balanced approach to reducing the deficit" to contact their congressional representatives.
The following morning, the Capitol switchboard was overwhelmed with phone calls, and at their peak saw more than 40,000 phone calls between noon and 1 pm.

Americans also took to the Internet to speak out on the tax ceiling, visting the webpages of Congress members and other government websites.

The massive traffic overloaded servers, whose pages are hosted by a Washington, DC-based hosting company called Fireside21 (http://www.fireside21.com/).

Visitors to House Speaker John Boehner's (R-Ohio) site Tuesday were met by a message that read, "The web page cannot be found".

Meanwhile, the web pages of presidential candidate Rep. Michele Bachmann's (R-Minn.), House Majority Leader Eric Cantor (Va.), the House Democrats' Budget Committee site and several Demoncractic websites also reportedly experienced outages.

The downtime has caused chairman of the House Administration Subcommittee on Oversight to consider holding hearings on developing methods to stop phone and web page from going offline in the future.

The subcommittee is looking into bringing in some IT experts to determine the severity of the outage issue and if it can be resolved.

"Was it just some glitch that a little teak that costs virtually nothing could be put in place so it doesn't happen again? Or if it's going to be a huge revamp, how much money will it cost and can we justify that?", said chairman Phil Gingrey (R-Ga.).

Congressional websites have experienced similar outages in the past. In March 2010, conservative radio host Rush Limbaugh told listeners concerned  about the health care reform to call the Capitol switchboard, which led to The House being overwhelmed with some 40,000 calls per hour.

Monday, March 28, 2011

Obama To Decide Fate of AT&T and T-Mobile Merger

March 21st, 2011 By: THN News

(The Hosting News) – AT&T today announced their decision to acquire T-Mobile for approximately $39 billion in cash and stock. This agreement was approved by the board of directors from both companies and will probably end the commercials T-Mobile ran making fun of the AT&T network. The merger could affect millions of wireless users in the United States through possible sales of iPhones to the T-Mobile services. While this merger is under way it still has the obstacle of Obama’s administration and the possibility of the merger being challenged in court.

Certain statutory laws and regulations in the U.S. prohibit “unfair trade practices.” A merger could establish a monopoly that would represent a “restraint of trade” by forcing competitors our of the market and limiting choices for the consumer. The current residing presidential administration is responsible to govern deals and decide if such a merger could constitute such a violation of regulations and if it is worth prosecuting in regards to.

AT&T’s acquisition of T-Mobile would create the second and fourth largest wireless providers in America. Verizon is ranked first with 100 million customers, which AT&T currently holds about 95 million. T-Mobile has 34 million customers to date. With the acquisition AT&T would be lined up to hold approximately 37% market share of the wireless industry. While some economists would not declare that a 37% market share defines a monopoly, they do believe that the larger share may allow AT&T to further undercut prices of competitors to create one.

AT&T has stated that it plans to use the merger to expand its network and make broadband available to more Americans. Customers of both of these companies could potentially start gaining new options and benefits if the merger goes through. Typically these types of deals are reviewed by the Free Trade Commission before the agreement is finalized and the merger takes place. If the deal is not approved it does not mean the merger cannot happen. Rather, it will mean that both companies my continue with the merger but with threat of antitrust legal action being taken by the Justice Department. At this time it is unclear, if the merger is not accepted under current administration, if either company would be willing to move forward in full knowledge of the possible court injunction. Future administrations may also decide later to sue and break up the company.

Before the merger can more forward, it must undergo a mandatory 30-day review process mandated by the Hart-Scott-Rodino Antitrust Improvements Act. While 95% of deals are made and completed during this 30 day process, the other 5% of transactions usually require more documentation showing proof that the merger would not be a restraint on trade. This process can take months and potentially require millions of dollars in legal fees. In addition to this, investors may grow worried about the deal causing stock prices of both companies to fall. Potential acquisitions often have a chance to be killed simply by the FTC delay.

Article Source http://www.thehostingnews.com/obama-to-decide-fate-of-att-and-t-mobile-merger-16822.html  permits republishing here
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