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IP: 2 from Edupage -- NSF CUTS FUNDING FOR PRIVATE SECTOR
From: Dave Farber <farber () central cis upenn edu>
Date: Mon, 26 Aug 1996 05:50:38 -0400
NSF CUTS FUNDING FOR PRIVATE SECTOR INTERNETWORKING The National Science Foundation, which has been managing the NSFNET Internet backbone since 1985, says it will no longer support the Internet networking and routing services that the private sector provides for the nation's research and education community. The move will allow NSF to concentrate on building the next generation of the Internet: "The NSF-funded operations of NAPs (network access points) and RAs (routing arbiters) can now shift to the commercial marketplace as their researchers focus on connections and routing for advanced networking," says Mark Luker, NSFNET program director. "Both actions help NSF to move to the next stage, a stronger focus on the high-performance Internet of the future needed to support today's advanced research." (BNA Daily Report for Executives 20 Aug 96 A7) SILICON ALLEY GETS ATTENTION FROM INVESTORS "Silicon Alley" -- the New York-area companies focused on the Internet and new media -- has the attention of a new investment fund called Flatiron Partners, in which the Softbank Corporation of Japan and the venture capital arm of Chase Manhattan Bank each will invest $25 million. Silicon Alley is centered around the Manhattan's Soho and Flatiron districts. (New York Times 23 Aug 96 C1)
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- IP: 2 from Edupage -- NSF CUTS FUNDING FOR PRIVATE SECTOR Dave Farber (Aug 26)