The Big App: How the City Became Silicon Valley's Biggest Rival
West coast-based companies have rapidly expanded in NYC.
Over the last decade, the technology sector has become a major force in the city, turning New York City into a tech hub rivaling Silicon Valley.
That huge growth was a factor in Amazon's decision to build corporate offices here with 25,000 jobs, a deal that eventually collapsed in the face of huge opposition to tax breaks the state and city planned to give Amazon.
But in many ways, the city's tech businesses haven't looked back. They're thriving and transforming the city's economy in ways most New Yorkers haven't fully realized yet.
Our Michael Scotto explains why and how in his new five part series, "The Big App."
West coast-based companies have rapidly expanded in NYC.
Unlike Amazon, which tried to expand publicly with tax breaks, causing a backlash, Google has grown quietly and without any special taxpayer help.
As the nation's big tech companies continue to expand here, thousands of smaller companies are popping up around them.
A new education pipeline promises to help fuel the tech sector's future growth.
When Amazon announced plans to build a headquarters in LIC, creating 25,000 jobs, it looked like a slam dunk. But then the backlash settled in.