NY's Bloomberg and SF mayor announce tech summits

(AP)—New York Mayor Michael Bloomberg and his San Francisco counterpart, Ed Lee, say they are sponsoring a pair of technology summits to be held in each of their cities in the next year.

The mayors said the "digital cities" summits—one in New York in September and another in San Francisco early next year—will seek to find ways to use technology to solve the problems the cities face. Bloomberg pointed to power outages and dangerous winds and flooding from Hurricane Sandy as examples of problems.

They made the announcement at a Friday afternoon news conference in San Francisco with Square CEO and Twitter co-founder Jack Dorsey. Bloomberg is visiting the San Francisco Bay Area and met with leaders in Silicon Valley Friday.

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