Data center for NYSE under construction in New Jersey

Yes, even the mighty New York Stock Exchange can’t operate without its share of servers and switches. A 400,000-square-foot data center is currently being constructed in Mahwah, New Jersey to support risk-management software and complex algorithms for traders.

The center is located only 35 miles from Manhattan to ensure there is as little delay in data transmission as possible. When you run the world’s largest stock exchange, time is of the essence.

Built on the site of an old quarry, the data center will be finished next year. It will hold several football fields worth of hardware and cables. The cost of the project hasn’t been released, but my guess it isn’t cheap.

Sources | NYConvergence and WSJ

Former New York City Mayor Backs dotNYC

Numerous New Yorkers have gotten behind the idea of a .nyc TLD, but multiple companies and organizations are fighting for the right to manage the domain.

Yesterday, Former New York City Mayor Koch made news when he announced his support for dotNYC LLC, whose plan calls for selling the names for £6 ($10 USD) a year.

“.NYC is the best real estate opportunity in New York City since the Dutch bought Manhattan. I can’t wait to sign up for edkoch.nyc, and while I’m at it I’ll probably sign up for mayorkoch.nyc as well,” Mayor Koch said. “I’ve done my homework and the experienced team behind dotNYC LLC is the right team to run .NYC.”

Based in New York, dotNYC claims it has previous experience operating TLDs. Several of its leaders helped found ICANN.

Several other cities, including London, Paris, Berlin, Boston, and Mumbai, seek to carve out their own Internet niche by creating new extensions.

New gTLDs Available for Preorder, Customers Being Misled

Registrars Pool.com and Quintaris made news today with their new joint preorder program for gTLDs under the auspice of ICANN’s new policy, which allows the creation of additional domain extensions by businesses and organizations

The names are being registered at a rate of 10,000 per day. The extensions available include .nyc, .berlin, .xxx, .blog, .news, .radio, .dallas, .sucks, .futbol, .family, .arab, .health, .golf, .resort, and .quebec.

Only a name and email address is required to reserve a domain. The preorder site is available here. No fees have to be paid until the domain is approved and registered.
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Is There a Future for .NYC?

New York has it all. From Broadway to the United Nations to Harlem, is there anything the city is missing? Apparently so. If the Big Apple has its way, soon there will be a new geo TLD- .nyc.

The idea has been bandied about the city by various individuals and groups for some time. It was first officially brought up at a Queens city council meeting in 2001, but entrepreneur and NYC resident Paul Garrin says differently. He claims to have invented the idea himself in 1996. He claims he has been using .nyc domains on his own servers for years, though they have never been accessible from the web.

In a February address to the city, Council Speaker Christine Quinn brought up the idea of .nyc as a way to increase revenue.

Mark Twain famously advised “Buy land, they’re not making it anymore.” Well now we can make more New York addresses – just on the internet! A local business won’t have to outbid a guy in Kansas to get Tony’s Pizza dot com. They’ll be able to get Tony’s Pizza dot NYC, a name associated with the greatest city – and home of the greatest pizza – in the world. Most importantly, we expect to generate millions of dollars a year through the sale of web addresses ending in dot NYC.

Regardless of who invented .nyc, would a city-level domain extension be successful? There are two sides to the question.
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