Cornell Tech Announces Gift From Bloomberg Philanthropies

With a $100 million donation from Bloomberg philanthropies, former New York City Mayor Michael Bloomberg joined his successor Mayor Bill deBlasio Tuesday to break ground for Cornell University’s new high-tech campus in New York City.  Bloomberg Philanthropies will help fund the construction of the new campus on Roosevelt Island. The first academic building will be known as the Bloomberg Center in honor of Bloomberg’s daughters, Emma and Georgina. Bloomberg said, building a high-tech college campus in the heart of New York City was a long-term vision he had while in office that will bring “thousands of jobs.” Cornell Tech was founded in December 2011 when it was selected as the winner of an applied sciences initiative by the New York City Economic Development Corporation, which sought proposals to build a campus that would spur the growth of the tech industry in partnership with the city. Classes began in January 2013 at a temporary location in Manhattan donated by Google.

The Cornell Tech campus, which will comprise of 12 acres. There  will include academic buildings, offices and a residential housing complex. ,Mayor de Blasio says students will be housed in the first residential high-rise in the world that meets “passive house sustainability standards” that consumes 60 to 70 percent less energy than typical building of the same size. The campus is expected to open in 2017.

New York City Gettings Its Own Domain

New York City will be getting  its own domain name. This is said to be  a big hit with local businesses, travel sites and possibly cybersquatters looking to make some fast cash.

Approved by Internet address regulator ICANN, website owners in the East Coast metropolis will be able to apply for a .nyc address from later this year, although fees has yet to be announced.

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