04 Dec '11, 6am

Facebook 'likes' New York high-tech scene

Facebook 'likes' New York high-tech scene

NEW YORK: New York City is already the US capital of advertising, fashion, finance and media. Now it wants to be its high-tech center too. The Big Apple's ambition to rival Silicon Valley with its own Silicon Alley received a big boost when Facebook announced Friday that it will open an engineering office next year in New York, its first outside the West Coast. The plan was unveiled at Facebook's Madison Avenue offices during an event attended by Facebook chief operating officer Sheryl Sandberg, New York Mayor Michael Bloomberg, New York Senator Charles Schumer and other top officials. "Facebook is capitalizing on what more and more tech companies are realizing: that New York City is the best place in the world to recruit and retain a talented workforce," Bloomberg said. "We're well on our way to achieving our goal, and that is to become the world's number one hub for info...

Full article: http://www.channelnewsasia.com/stories/technologynews/vie...

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