Silicon Valley Sets Up Shop in New York

So Silicon Valley has decided to set up shop in NYC. Facebook, Twitter and Zynga are setting up shot in New York City. This isnt surprising since Facebook is soon to release its first IPO. Im sure Facebook needed to move to the East coast eventually. This will have a big effect on the technology sector in New York giving rise to the amount of job opportunities in the IT field. Research shows that job openings have increased by 5% and competition between firms meant that they will pay well. Im sure it is a great time to be and IT major looking for a job in New York.