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IT Industry News for the Week of April 21st, 2014

April 22, 2014

AT&T Eyeing Chicago to Bring Fiber Network

AT&T is trying to keep up with Google and is considering providing broadband Internet speeds of up to 1 gigabit per second to its U-verse customer in Chicago, Los Angeles, and Miami. Currently, AT&T is providing fiber service to customers in and around the Austin, TX area and want to reach over 100 cities.

Before AT&T can begin to install fiber, they have to meet with local leaders of
each city and reach an agreement.

Read the complete article from Chicago Tribune, “AT&T looks to expand high-speed fiber
network to Chicago, others”

A ‘Green” Chemistry Plant Could Be Coming to Minnesota Soon

Segetis, a technology-enabled green chemistry company that produces versatile chemical building blocks, wants to build a facility in Hoyt Lakes. The company focuses on making chemicals out of corn sugar and using it for manufacturing plastics and cleaning products. 

The $105 million dollar project would bring employment and would take around two years to build. While Segetis is looking to invest $74 million into the project, the rest of the money will have to be financed or thru grant programs. 

Read the complete article from Minneapolis/St. Paul Business Journal, “Segetis plans $105M ‘green’ chemistry plant in Minnesota.”

Could Apple and Nike Team Up?

Just last week, Nike laid off many on the team that was responsible for the FuelBand and
announced it would not continue to update the line. Nike had planned to release a new, thinner FuelBand sometime in the fall, but the company said those plans have been canceled and won’t say when a new one will be out. Yet, with Apple’s CEO, Tim Cook, spotted wearing Nike’s FuelBand at recent sporting events, it has led to a lot of speculation that a potential partnership.

Read the complete article from CNN Tech, “Is an Apple-Nike partnership on the way?”

Posted By: Danielle Toste


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