Feeds

New York amid dotcom boom

Read the report if you don't believe us

  • alert
  • submit to reddit

Top three mobile application threats

Gnumeedjia luvvies in New York reckon life on the Net isn't as bad as everyone makes out and that their businesses will survive the current dotcom downturn.

According to the New York New Media Industry Survey: Climate Study, January 2001 published today, 70 per cent of new media businesses surveyed report they are "somewhat" to "very" optimistic about the new media industry in New York.

What's more, they reckon their companies will experience revenue growth in line with or significantly higher than, their expectations for their own industry as a whole.

The survey, conducted by PricewaterhouseCoopers LLP on behalf of the New York New Media Association (NYNMA), is designed to assess the state New York's new media industry.

Other gems from this altogether chirpy survey include almost two thirds of those quizzed reporting an operating profit for fiscal year 2000. Some 75 per cent expected to be profitable in fiscal year 2001. Oh, and gnumeedjia companies plan to increase employment by 41 per cent per year over the next two years.

"The unbridled growth of last year in every major technology city has ended, but this survey speaks volumes to the ongoing optimism of the industry in New York," said Alice Rodd O'Rourke, executive director of NYNMA.

Blinking heck. Either something really is stirring in the US - or there's been a mass swallowing of happy pills in Central Park. Whatever it is, we could do with it in Europe.

Earlier today El Reg cited another PwC report that claimed Europe is going titsup.com thanks to a major cash burn problem among Euro dotcoms. Ooohh eck. ®

Related Story

Europe to go titsup.com

Top three mobile application threats

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.