From the Associated Press
NYC sees progress in quest to become tech capital
By Jennifer Peltz, Associated Press
NEW YORK (AP) — New York's mayor has made no secret of going after a digital grail: rivaling Silicon Valley as a high-tech hub.
The city isn't there, at least not yet, but it can point to a series of promising signs. Tech titans including Google and Facebook have ramped up their presences in New York in recent years. Some big-name newcomers are headquartered here. Plans for an elite technology graduate school, attracted with city money, are getting enough attention that a federal patent officer is being stationed on campus in a first-of-its-kind arrangement....
For all that, it will be difficult for New York — or anywhere — to match Silicon Valley's decades-deep grounding in technology innovation, said AnnaLee Saxenian, the dean of the School of Information at the University of California, Berkeley, and the author of a book about Silicon Valley.
Still, she said, "there's nothing in the economy that says you can't have tech startups in both places doing well."