New York City is inching ever closer to rival Silicon Valley as the epicenter of the tech world—and commercial real estate has to match its pace. With more tech start-ups moving to New York, and requiring high-speed Internet to do their jobs—or at least watch cat videos with minimal buffering—the presence of a broadband Internet connection can transform a pedestrian property into a hot commodity.
That’s why fellow Observer Media property The Commercial Observer has launched Wired City, a savvy new channel that explores the intersection of infrastructure, real estate, and broadband Internet. If you enjoy Betabeat’s coverage of New York’s quest for world domination, we think Wired City will be right up your alley.
John McAfee is back in the U.S. Where he goes now is anyone’s guess. The Vice offices, maybe? [Washington Post]
Google Maps is available once more on the iPhone, so please adjust your excuses for lateness accordingly. [Google]
Also, before you download the app, please take a moment to enjoy this video of Apple Maps getting Bilbo Baggins lost in L.A. [Daily Motion]
Condoleezza Rice and Robert Gates will now be helping advise Khosla Ventures’ portfolio companies on government affairs. [TechCrunch]
NBD, North Korea’s new satellite is just careening around space right now. [Gizmodo]
Rural England is now getting government-subsidized broadband, a tidbit you can trot out next time your ISP disappoints you in any way. [BBC]
Gen Y just loves working for tech companies. This study cites “flexibility,” which we’re just going to read as “free food.” [CNN Money]
AT&T towers are reportedly screwing with a pricey new police radio system in Oakland, California. [Ars Technica]
Quora assesses Y Combinator’s latest batch of graduates. [Quora]
Speaking of YC: Revenue was all the rage at yesterday’s Demo Day. [Bloomberg]
Shoreham, Long Island is one step closer to having its very own Nikola Tesla Science Center: The Oatmeal-instigated Indiegogo fundraiser to buy the inventor’s last remaining lab surpassed its funding goal late yesterday afternoon. [Indiegogo]
Six percent of the American population lives out of reach of broadband. [Wall Street Journal]
Zynga insiders dumped a whole bunch of their stock just before it crashed. That doesn’t sound sketchy at all! [Yahoo]
More and more cyberattacks are being launched against U.S. infrastructure. Okay, but does the malware play AC/DC? [New York Times]
Amazon saw a 96 percent drop in Q2 profits. We’re guessing you’re not reading this on a Kindle, then. [Wall Street Journal]
The Verge uncovered top secret old Apple product prototypes. [The Verge]
How will Google fiber make money, and what does it mean for already-established broadband companies? [GigaOm]
America loves, wants, needs high-speed Internet access. Witness, for example, the gnashing of teeth over Silicon Alley’s poor connectivity. Rural communities are clamoring for it. The prospect is even enough to inspire outright underhandedness on the part of some cable operators.
However, across the pond, they are apparently in far less of a hurry. ZDNet reports:
On the Bandwagon
It’s hard to crown yourself innovation capital of the world without the physical infrastructure to support it. With that in mind, Mayor Bloomberg and City Council speaker Christine Quinn announced a number of new initiatives this morning, aimed at improving the city’s broadband connectivity for the 21st century.
In a press release, the city said the efforts are “designed to capitalize on the growth” of the tech sector. With the success of the applied sciences campus competition, it looks like the city will be relying on that model when it comes to broadband as well.
Why God Why
Good news for everyone still struggling with slow DSL connections: President Obama is making a major effort to increase broadband connectivity throughout the U.S.
POTUS is slated to sign a new executive order tomorrow that will streamline the construction process of broadband infrastructure, according to a White House press release:
THINGS THAT ARE FAST
It’s no secret that New York City’s high-speed Internet situation is not always what it could be. The Center for an Urban Future’s report on the city’s tech sector called out this problem specifically, rating the local infrastructure as “B or B-minus” and adding that areas further-flung than midtown and downtown Manhattan are especially problematic. Nor is this news to anyone in Silicon Alley, where spotty broadband is a source of much wailing and gnashing of teeth.
So, how long must we labor under these conditions? The Village Voice did a little digging, and the outlook is not so great:
In New York City, our broadband internet choices are a little limited: most are stuck with Time Warner Cable’s RoadRunner subsidary, or Verizon FIOS, which—for many people—the jury’s still out on. And while we probably have the same complaints as anybody else who recieves broadband internet (sometimes, it’s slow; sometimes, it breaks; it’s stupid-expensive; etc…) we now surely have unilateral validation for at least one of these complaints: Ours simply is not the best.
That distinguishment apparently belongs to Comcast. They are Comcastic.