The city has begun several efforts to spur the technology and life sciences industries, including the recent announcement of a technology campus at Roosevelt Island.
However, the recent announcement of new technology from Nvidia and the roll-out of faster broadband should address such issues going forward.
Shortly following the initial announcement of the technology in May, payments giant PayPal went on the offensive, filing a lawsuit against Google and two former PayPal executives who now are in charge of mobile payments at Google.
Its most recent high-profile outreach was the announcement in January of Technology for Obama, a network of key players including Parker and Newmark who have committed to boosting the campaign's coffers.
Similarly after this announcement, this kind of technology allows us to have a differentiated conversation with private equity firms and banks about meeting the needs of the business," Levie said.
But last week's announcement of a new technology incubator, along with the near-final sale of 493 acres to Burman Properties for $17 million, signals that Calverton is moving toward a new economic frontier.
The future of retail will neither be digital nor physical it'll be both," said Mike McNamara, Target's Chief Information & Digital Officer, in an announcement of the new technology.
Facebook founder Mark Zuckerberg made headlines today on the announcement of his new technology lobby, FWD.us, that he formed with his powerful Silicon Valley friends.
Since many technology stock bulls were counting on a pickup in chip orders ahead of the crucial back-to-school season, the company's announcement took the wind out of technology stocks.
A few days ago, Intel teased: On 4 May, the company would make "its most significant technology announcement of the year".
