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92-693: Hemisphere is a public–private partnership between the White House's Office of National Drug Control Policy (ONDCP) and AT&T , the third-largest provider of mobile telephone services in the US. In 2013 the programme was overseen by AT&T employees embedded within the Atlanta head office (two employees) and Houston and Los Angeles regional offices (one employee each) of the ONDCP's High Intensity Drug Trafficking Area (HIDTA) programme; these employees' salaries are paid through

184-453: A "company that started out as one of the more promising bastions of the digital revolution lost control to old-fashioned vulture capitalism". Providence/Tudor quickly cut a deal to sell the magazine to Miller Publishing for $ 77 million. When Wired Ventures investor Condé Nast heard about the deal through a leak to a Silicon Valley gossip columnist, they peremptorily outbid Miller and bought Wired magazine for $ 90 million dollars. The month of

276-468: A $ 9.6 million social bond for prisoner rehabilitation to be run by The Osborne Association with support from Friends of Island Academy . Goldman Sachs bought the bond and will profit if recidivism decreases. While the City of New York didn't actually issue bonds or put up-front capital for MDRC to run the program (this was done by Goldman Sachs directly with MDRC ), the City may be liable for some amount if

368-494: A Social Impact Bond. In 2013, New York approved $ 30 million in its budget to support Social impact bonds over the subsequent five years. In September 2013, New York State received a $ 12 million grant from the United States Department of Labor (USDOL) to fund a Pay for Success project designed to increase employment and reduce recidivism among 2,000 formerly incarcerated individuals in partnership with Social Finance US and

460-584: A book publishing division (HardWired), licensed a Japanese edition with Dohosha Publishing, created a British edition ( Wired UK ) in a joint venture with the Guardian newspaper, and had signed with Gruner and Jahr to do a German edition to be headquartered in Berlin. And it began work on Wired TV in partnership with MSNBC, as well as three new magazine titles: a shelter book called Neo to be edited by Wired Editor-At-Large Katrina Heron and designed by Rhonda Rubenstein;

552-558: A business magazine called The New Economy ; and a concept magazine with New York design star Tibor Kalman focusing on the countdown to the new millennium. In 1996, reacting to the IPOs of web competitors Yahoo, Lycos, Excite, and Infoseek, Wired Ventures announced its own IPO . It selected the leading East Cost investment bank Goldman Sachs and the leading West Coast bank Robertson Stephens as co-leads, with Goldman managing. Scheduled to go out in June,

644-632: A contract for advertising and bought the first 1000 subscribers. Rossetto and Metcalfe moved back to the United States to start Wired , finding the European Union not a cohesive enough media market to support a continent-wide publication. Origin’s upfront payment was the seed capital which saw Rossetto and Metcalfe through 12 fruitless months of fundraising. They approached established computer and lifestyle publishers, as well as venture capitalists, and met constant rejection. The Wired business concept

736-943: A high impact and targeted curriculum focused on increasing school readiness and academic performance among at-risk 3- and 4-year-olds in Utah. The West Coast Infrastructure Exchange (WCX) , a State/Provincial Government-level partnership between California , Oregon , Washington , and British Columbia that was launched in 2012, conducts business case evaluations for selected infrastructure projects and connects private investment with public infrastructure opportunities. The platform aims to replace traditional approaches to infrastructure financing and development with "performance-based infrastructure" marked by projects that are funded where possible by internal rates of return , as opposed to tax dollars, and evaluated according to life-cycle social, ecological and economic impacts, as opposed to capacity addition and capital cost . Global Development Alliances

828-591: A larger scale than is typical of cities elsewhere". One explanation for San Diego's propensity towards P3 agreements is "...local residents refuse to tax themselves to pay for public benefits and prefer private-sector actors to take the lead...". "...tax shares are usually linear functions of property values..., jurisdictions have an incentive to try to exclude those who would have below-average property values. The incentive leads to such local policies as minimum lot sizes, restrictions on multiple-unit dwellings, and restrictive building codes...One social cost if these policies

920-692: A person impersonating a military general, injuring an intelligence officer at a San Diego Navy facility; a South Carolina resident accused of making bomb threats ; and a group involved in a theft incident at a Los Angeles jewelry store. The White House contended that the Hemisphere Project's data did not raise privacy concerns , although Jameel Jaffer of the American Civil Liberties Union (ACLU) expressed skepticism regarding this claim. The program led to discussions drawing parallels with legislative suggestions made in response to

1012-428: A phrase relating to a "power law"-type graph that helps to visualize the 2000s emergent new media business model. Anderson's article for Wired on this paradigm related to research on power law distribution models carried out by Clay Shirky , specifically in relation to bloggers. Anderson widened the definition of the term in capitals to describe a specific point of view relating to what he sees as an overlooked aspect of

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1104-412: A private funding at the end of December 1996. Wired then proceeded to cut costs by focusing on its US magazine and web businesses, shutting its UK magazine, its book company, and its TV operation, and terminating work on new magazines. By June, Wired magazine was profitable. The web company, now rebranded Wired Digital, was growing. Wired execs wanted to try to go public again in 1998, catching what

1196-740: A second General Excellence in 1997. Wired ’s founding executive editor, Kevin Kelly , had been an editor of the Whole Earth Catalog , Co-Evolution Quarterly ,  and the Whole Earth Review . He brought with him contributing writers from those publications. Six authors of the first Wired issue (1.1) had written for Whole Earth Review , most notably Bruce Sterling (who was on the first cover) and Stewart Brand . Other contributors to Whole Earth who appeared in Wired , included William Gibson , who

1288-416: A simple "pay for success" model, in which nonprofits must demonstrate that by keeping youth from being reincarcerated. According to the state's press release, the juvenile justice contract "will be designed with the specific goal of reducing recidivism and improving education and employment outcomes over several years for a significant segment of the more than 750 youth who exit the juvenile justice system, and

1380-735: A well-functioning municipal bonds system. However, the United States became friendlier to P3s during Obama's second term, with the adoption of the Fixing America's Surface Transportation Act (FAST) and the Water Infrastructure Finance and Innovation Act (WIFIA) by Congress. The Department of Transportation also created the Build America Transportation Investment Center (BATIC ) to help P3s access federal credit and facilitate their implementation. Pressure to sign Asset Montization P3 deals and to change

1472-785: Is a monthly American magazine , published in print and online editions, that focuses on how emerging technologies affect culture , the economy , and politics . Owned by Condé Nast , its editorial offices are in San Francisco, California , and its business office at Condé Nast headquarters in Liberty Tower in New York City. Wired has been in publication since its launch in January 1993. Several spin-offs have followed, including Wired UK , Wired Italia , Wired Japan , Wired Czech Republic and Slovakia and Wired Germany . From its beginning,

1564-641: Is a program of the United States Agency for International Development (USAID). It was created in May 2001 as a new way for the U.S government to provide aid to developing countries through public-private partnerships . From 2001 to 2016, USAID formed 1500 of such partnerships with over 3 500 private sector organisations. The goal of these partnerships are to provide market-based solutions to problems faced by developing countries as identified by USAID. Wired (magazine) Wired (stylized in all caps )

1656-547: Is a reduction in housing opportunities for low- and middle-income families" In April 2013, Social Finance US and Collective Health launched an asthma management demonstration project in Fresno, California . Fresno is one of the nation's asthma hot spots; around 20 percent of its children have been diagnosed with the disease, which takes an especially heavy toll among poor communities. Two service providers Central California Asthma Collaborative and Clinica Sierra Vista, will work with

1748-522: Is an example of a public–private partnership. Some Private-public partnerships were carried out without incident, while others have attracted much controversy. Public-private partnerships in America have existed in one form of another since the beginning of the colonial period , as colonial charters were based on a partnership between the British Crown and a company responsible for colonisation. Much of

1840-400: Is contingent upon specified social outcomes being achieved. Social impact bonds have generated a particularly large amount of interest in the United States. In February 2011, Barack Obama 's proposed 2012 budget stated that up to $ 100m would be freed up to run social impact bond pilot schemes. In August, 2012, Massachusetts became the first state in the nation to create a policy to encourage

1932-470: Is possible for a call to be recorded more than once. As AT&T maintains records of calls placed as well as calls received, a single call may be recorded against both the caller's telephone number (as an outgoing call) and the recipient's telephone number (as an incoming call); the number of records generated for a single call depends on its length, as well as on participants' locations and whether or not they are moving. Call detail records held as part of

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2024-431: Is used to pay down the debt or to fill budget holes. The 2014 Detroit bankruptcy deal included many of such Asset Monetization arrangements. Social impact bonds (also called Pay for Success bonds) are "a public-private partnership which funds effective social services through a performance-based contract." They operate over a fixed period of time, but they do not offer a fixed rate of return. Repayment to investors

2116-777: The Center for Employment Opportunities . This was the largest grant awarded by USDOL for Pay for Success projects. In 2017, the State of Texas sought its first ever private partner to join in a project to renovate the G. J. Sutton Building in Downtown San Antonio near the Alamodome , according to Mike Novak, the chairman of the Texas Facilities Commission . Local governments in Texas have already entered into such partnerships including

2208-631: The Information Superhighway . Due to the work of John Battelle’s fiancée, ex-CBS producer Michelle Scileppi, feature pieces on Wired ’s launch appeared on CNN and in The San Jose Mercury News , Newsweek and Time magazines. Circulation and advertising response was so strong that Wired went bi-monthly with its next issue, and monthly by September with the William Gibson cover story about Singapore called " Disneyland with

2300-629: The Triborough Bridge and Tunnel Authority , Henry Hudson Parkway Authority, and the Port Authority of New York and New Jersey . Moses manipulated various public authorities, either seeking their success of failure, in order to gain political power More recently, the new Tappan Zee Bridge and the Javits Center are considered public-private partnerships. In February 2012, the City of New York issued

2392-443: The U.S. Department of Labor awarded nearly $ 24 million in grants for Pay for Success projects that provide employment services to formerly incarcerated individuals in order to increase employment and reduce recidivism. The U.S. Department of Housing and Urban Development (HUD) announced in 2013 it will provide $ 5 billion in grant dollars to assist in the rebuilding and strengthening effort following Hurricane Sandy and encouraged

2484-484: The United States , even for individuals unconnected to criminal activities . This government initiative, in collaboration with AT&T, has raised significant legal and privacy concerns, allowing federal, state, and local enforcement agencies to scrutinize trillions of domestic phone records. U.S. Senator Ron Wyden , in a letter dated November 20, 2023, addressed to U.S. Attorney General Merrick Garland , called for

2576-662: The $ 1 park admission fees. Because of recurring state financial issues, the fate of state parks in Louisiana remain in doubt after July 1, 2017. In Massachusetts , arrangements to allow the state Department of Conservation and Recreation to pave over gravel utility roads under high-voltage transmission lines operated by utilities have been branded by the Baker Administration and Eversource Energy as "public-private partnerships" to create alternative transportation corridors. This particular arrangement involves no financial risk to

2668-456: The 1990s and 2000s. This was particularly the case in countries such as the United Kingdom , Canada and Australia , with strong encouragements from their national governments. The United States did not take part of this worldwide trend partly because the federal and States government traditionally had a small role in these areas, with public infrastructure projects being mostly funded through

2760-450: The 21st century are asset monetization arrangements. They concerns a city's revenue-generating assets (Parking lots, garage and meters, public lights, toll roads, etc.) and transforms them into financial assets that the city can lease to a private corporation in exchange for operation and maintenance. These deals are usually done during periods of financial distress for the city, and the immediate revenues municipalities receive in these deals

2852-569: The Conscience Community Network (CCN). Billy Nungesser , the lieutenant governor of Louisiana , proposed in 2017 that public–private partnerships be established for many of his state's financially strapped state parks, which fall under his jurisdiction, particularly citing two popular facilities in Sabine Parish : North Toledo Bend State Park and Hodges Gardens State Park , at which operating costs vastly outstrip revenues from

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2944-564: The Death Penalty ", which was banned there. In January 1994, Advance Publications's Condé Nast made a minority investment in Wired Ventures. And in April that year, Wired won its first National Magazine Award for General Excellence for its first year of publication. During Rossetto's five years as editor, it would be nominated for General Excellence every year, win the design award in 1996, and

3036-597: The Hemisphere Project to public attention by obtaining a verified 27-slide PowerPoint presentation labeled "law enforcement sensitive" through a Freedom of Information Act (FOIA) request. This presentation included lists of individuals identified as suspects based on data from the project's database. While law enforcement initially portrayed the project as primarily focused on monitoring and collecting call records related to drug-related activities in standard criminal investigations , it included individuals unrelated to drug offenses. These individuals encompassed cases such as

3128-503: The Hemisphere Project's data access and its legal implications. This corporation or company article is a stub . You can help Misplaced Pages by expanding it . Public-private partnerships in the United States Public–private partnerships ( PPP or P3 ) are cooperative arrangements between two or more public and private sectors , typically of a long-term nature. In the United States , they mostly took

3220-500: The IPO was postponed when the market declined days before. When it finally went out in October, Goldman was unable to close the round following another market downturn, and Wired withdrew its IPO. Fingerpointing followed. Some observers claimed the market rejected Wired’s $ 293 million "internet valuation", as too rich for what was a traditional publishing company. Wired replied that its valuation

3312-589: The Italian edition of Wired and Wired.it . On April 2, 2009, Condé Nast relaunched the UK edition of Wired , edited by David Rowan, and launched Wired.co.uk . In 2006, Condé Nast repurchased Wired Digital from Lycos, returning the website to the same company that published the magazine, reuniting the brand. In August 2023, Katie Drummond was announced as the new editor of Wired . Wired ' s web presence started with its launch of Hotwired.com in October 1994. Hotwired

3404-652: The National Magazine Awards for General Excellence in its first year of publication, and others subsequently for both editorial and design. Adweek acknowledged Wired as its Magazine of the Decade in 2009. SF Gate called Wired "the magazine that led the digital revolution". From 1998 to 2006, Wired magazine and Wired News , which publishes at Wired.com , had separate owners. However, Wired News remained responsible for republishing Wired magazine's content online due to an agreement when Condé Nast purchased

3496-450: The ONDCP's HIDTA program, as opposed to by AT&T. AT&T collects metadata relating to all calls routed through AT&T's exchanges , including calls made from non-AT&T handsets. The data collected include the phone numbers of the caller and recipient, the date, time and length of calls and, in some cases, a caller's location. An estimated four billion new call detail records are created on AT&T's database every day, though it

3588-657: The President's commitment of nearly $ 500 million in the 2013 Budget to expand Pay for Success strategies. The California Fuel Cell Partnership (CaFCP) is a public-private partnership to promote hydrogen vehicles (including cars and buses) in California. It is notable as one of the first initiatives for that purpose undertaken in the United States. The challenge is which come first, hydrogen cars or filling stations. San Diego has entered into numerous PPP agreements. "San Diego has used P3s more extensively and, with Petco Park , on

3680-431: The business leadership of publisher Drew Schutte who expanded the brands reach by launching The Wired Store and Wired NextFest. In 2001 Wired found new editorial direction under editor-in-chief Chris Anderson , making the magazine's coverage "more mainstream". The print magazine's average page length, however, declined significantly from 1996 to 2001 and then again from 2001 to 2003. In 2009, Condé Nast Italia launched

3772-580: The business plan, Metcalfe and Rossetto and their initial band of twelve Wired Ones launched Wired as a quarterly on 6 January 1993 and first distributed it by hand at Macworld Expo in San Francisco and, later that week, at the Consumer Electronics Show (CES) in Las Vegas. Copies arrived on newsstand two weeks later as Bill Clinton took office as President, with his Vice President Al Gore touting

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3864-410: The company by not closing the round which already had investors booked. The Goldman executive who managed the IPO is quoted as saying "Had the market not been so volatile, I believe the offering would have been quite successful." Goldman’s failure left Wired Ventures cash-strapped. It turned to its current investor Tudor Investment Corporation . Tudor brought on Providence Equity Capital , concluding

3956-503: The costs of building gas pipelines. On 1 August 2012, the Commonwealth of Massachusetts announced that Third Sector Capital Partners will serve as lead intermediary, in partnership with New Profit Inc., for the youth recidivism initiative. Roca, United Way of Massachusetts Bay and Merrimack Valley, and Youth Options Unlimited will also participate in the youth recidivism project. The program, called Social Innovation Financing, operates on

4048-452: The creation of Social impact bonds, which they call "social innovation financing". The state legislature authorised spending up to $ 50 million on the initiatives. The U.S. Department of Justice gave "Priority Consideration" to Fiscal Year 2012 Second Chance Act grant applications that include a Pay for Success component. The Second Chance Act (P.L. 110–199) authorizes federal grants to support services that help reduce recidivism. In 2013,

4140-587: The early infrastructure of the United States was built by what can be considered public-private partnerships. This includes the Philadelphia and Lancaster Turnpike road in Pennsylvania, which was initiated in 1792, an early steamboat line between New York and New Jersey in 1808; many of the railroads, including the nation's first railroad , chartered in New Jersey in 1815; and most of the modern electric grid . In

4232-522: The editor on the piece that became Argo. The magazine was launched in 1993 by American expatriates Louis Rossetto and his life and business partner Jane Metcalfe . Wired was originally conceived in Amsterdam, the Netherlands, when they were working on Electric Word , a small, groundbreaking technology magazine that developed a global following because of its focus not just on hardware and software, but

4324-399: The evolution of digital technology and its impact on society. Wired quickly became recognized as the voice of the emerging digital economy and culture and a pace setter in print design and web design. During its explosive growth in the mid-1990s, it articulated the values of a far-reaching "digital revolution" driven by the people creating and using digital technology and networks. It won

4416-427: The families of 200 low-income children with asthma to provide home care, education, and support in reducing environmental triggers ranging from cigarette smoke to dust mites. Facing a budget crisis in 2005, the city of Chicago entered multiple infrastructure asset monetization P3 deals. These deals were signed with multinational institutional investors and carried out in haste, with final deals being struck days after

4508-709: The first investor in Wired, but even before he could write his check, software entrepreneur Charlie Jackson deposited the first investor money in the Wired account a few weeks later. Negroponte was to become a regular columnist for six years (through 1998), wrote the book Being Digital , and later founded One Laptop per Child . By September 1992, Wired had rented loft space in the SoMa district of San Francisco off South Park and hired its first employees. As Editor and CEO, Rossetto oversaw content and business strategy, and Metcalfe, as President and COO, oversaw advertising, circulation, finance, and company operations. Kevin Kelly

4600-470: The first issue. She and her protégé Simon Ferguson ( Wired ' s first advertising manager) landed pioneering campaigns by a diverse group of industry leaders such as Apple Computer , Intel , Sony , Calvin Klein , and Absolut . Lyman and Ferguson left in year two. Condé Nast veteran Dana Lyon then took over ad sales. Two years after they left Amsterdam, and nearly five years after they first started work on

4692-535: The first with original content and Fortune 500 advertising. Inventing the banner ad, Wired brought ATT , Volvo , MCI, Club Med and seven other companies to the web for the first time on websites built by Jonathan Nelson’s Organic Online . Among the launch crew of 12 was Jonathan Steuer , who led the group, Justin Hall , a pioneer blogger who ran his own successful site on the side, Howard Rheingold as executive editor, and Apache server co-creator Brian Behlendorf , who

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4784-516: The five states impacted by the storm to make use of Pay for Success strategies where appropriate. In 2013, the Department of the Treasury issued a Request for Information (RFI) that will help design a proposed $ 300 million Incentive Fund to further expand Pay for Success . The Fund is intended to encourage cities, states and nonprofits to test new Pay for Success models. This same Fund was also part of

4876-571: The for-profit utility. Where the utility has existing easements, they share the right-of-way. Where the utility does not have an existing easement but wishes to gain state approval for constructing new transmission lines on state property, the utility reproduces designs of rail trails in its petition to the state Energy Facilities Siting Board (EFSB). Approval would enable the utility to have construction of transmission lines and gravel utility paths fully funded through electric ratepayer bills. "Piggybacking" onto an electric 'reliability' project leverages

4968-717: The form of toll roads concessions , community post offices and urban renewal projects. In recent years, there has been interest in expanding P3s to multiple infrastructure projects, such as schools, universities, government buildings, waste and water. Reasons for expanding public-private partnership in the United States were initially cost-cutting and concerns about Public debt. In the early 2000s, P3s were implemented sporadically by different States and municipalities with little federal guidance. During Obama's second term , multiple policies were adopted to facilitate P3 projects, and Congress passed bills in that direction with overwhelming bipartisan support. My Brother's Keeper Challenge

5060-640: The former was sold to Condé Nast and the latter to Lycos in September 1998. The two remained independent until Condé Nast purchased Wired News on July 11, 2006. This move finally reunited the Wired brand. As of August 2023, Wired.com is paywalled . Users may only access a limited number of articles per month without payment. Today, Wired.com hosts several technology blogs on topics in security, business, new products, culture, and science. From 2004 to 2008, Wired organized an annual "festival of innovative products and technologies". A NextFest for 2009

5152-458: The magazine. In 2006, Condé Nast bought Wired News for $ 25 million, reuniting the magazine with its website. Wired ’s second editor Katrina Heron published Bill Joy's " Why the Future Doesn't Need Us ", breaking with Wired's optimism to present a dystopian view of the technological future. Wired 's third editor, Chris Anderson is known for popularizing the term "the long tail ", as

5244-408: The mid to late nineteenth century, toll roads concessions were first introduced in the United States, and this became a prevalent form of P3s in the country during the 20th century. P3s in the United States are also "traditionally associated with urban renewal and downtown economic development". The prevalence of Public-Private Partnerships in public infrastructure increased around the world during

5336-504: The movie Argo . In more recent times, the publication became known for its deep investigative reporting, including a long story about Facebook—"Inside the Two Years that Shook Facebook and the World"—that became the publication's most read article of the modern era. It was written by Fred Vogelstein and Nicholas Thompson , the latter of whom was the publication's editor-in-chief and had also been

5428-449: The need for better processes (69%), relationship building (77%), better outcomes (81%), leveraging resources (84%), and belief that P3s are "the right thing to do" (86%)." Among those surveyed, the provision of public services through contracts with private firms peaked in 1977, at 18%, and has declined since. The most common form of shared service delivery now involves contracts between governments, growing from 17% in 2002 to 20% in 2007. "At

5520-405: The networking explosion, carrying cover stories on Yahoo’s origin story, Neal Stephenson’s 50,000 word, epic essay on the laying of the fiber optic datalink from London to Japan, and Bill Gate’s media strategy for Microsoft. On October 27, 1994, 20 months after its first issue, and following the introduction of the first graphic web browser Mosaic, Wired Ventures launched its Hotwired website,

5612-466: The new arena. After demolition, FGIC would receive the arena site and an adjacent parking lot, giving the company nearly 9 acres (3.6 ha) for redevelopment and $ 152 Million in city notes, partly paid through public parking revenues. In New York, during the Robert Moses era, public-private partnership was frequent PPPs during this period were best described and known as public authorities ; for example,

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5704-584: The original business plan, John Plunkett, who designed the "Manifesto", Eugene Mosier, who provided production support to create the first prototype (and later became Art Director for Production), and Randy Stickrod, who provided Rossetto and Metcalfe refuge in his office on South Park when they first arrived in San Francisco. IDG’s George Clark arranged nationwide newsstand distribution. Associate publisher Kathleen Lyman joined Wired from News Corporation and Ziff Davis to execute on its ambition to attract both technology and lifestyle advertising, and delivered from

5796-438: The people, companies, and ideas that were part of what they called the language industries. Whole Earth Review called it "The Least Boring Computer Magazine in the World". This broader focus on the social, economic, and political issues surrounding technology became the core of the Wired editorial approach. Initial funding for Wired was provided by Eckart Wintzen , a Dutch entrepreneur. His Origin software company extended

5888-527: The program is successful. An independent evaluation, performed by the Vera Institute of Justice , found the goal of reducing teenage recidivism by ten percent had not been met, at all, and the city paid nothing to Goldman Sachs. In mid-2012, the New York State Department of Labor (DOL) selected Social Finance US as its Intermediary partner in structuring an application for federal funding for

5980-466: The project database take as little as an hour to fulfil. The partnership between AT&T and the Office of National Drug Control Policy (ONDCP) commenced in 2007, and data within the Hemisphere Project database extends as far back as 1987. In September 2013, an unnamed law enforcement official mentioned that they rarely needed to access data older than 18 months. In 2013, activist Drew Hendricks brought

6072-620: The project date back as far as 1987. Data are typically forwarded to investigators by email in response to administrative subpoenas, which the DEA is authorised to issue independently of the courts. As the existence of the project is officially secret, investigators are not permitted to disclose the source of any intelligence obtained through the Hemisphere Project in case reports, court filings or other documents. Official guidance instead requires all intelligence be cited as “information obtained from an AT&T subpoena”. Requests for urgent information from

6164-592: The redevelopment of the HemisFair Arena and the construction by Weston Urban of a new Frost Bank Tower in San Antonio. Named for G. J. Sutton , the first African-American elected official in San Antonio, the six-acre complex was vacated by the state in 2014 because of bat infestation and a deteriorating foundation. In 2015, Governor Greg Abbott , counter to the wishes of Mayor Ivy Taylor , used his line-item veto to remove $ 132 million which would have funded

6256-615: The rehabilitation of The Sutton. The state expects to see the property used at some point in the future for office space and parking slots. In August 2013, the Goldman Sachs Urban Investment Group (UIG) together with the United Way of Salt Lake and J.B. Pritzker formed a partnership to create the first ever Social Impact Bond designed to finance early childhood. Goldman Sachs and Pritzker jointly committed up to $ 7 million to finance The Utah High Quality Preschool Program,

6348-403: The release of additional information regarding the Hemisphere Project. He expressed profound reservations about the program's legality, revealing that it has provided law enforcement authorities with the ability to conduct extensive searches of domestic phone records , often without the need for warrants. The WIRED report cites the concerns raised by U.S. Senator Ron Wyden providing insight into

6440-549: The revelations related to the "Planning Tool for Resource Integration, Synchronization, and Management" ( PRISM ). Notably, Representative Adam Schiff proposed a solution wherein phone companies would retain their data. Spokespeople for Sprint, Verizon and T-mobile USA would not comment on whether their companies offered similar services. In November 2023, a WIRED report disclosed that the Hemisphere Project, now known as Data Analytical Services (DAS), has facilitated access to an unprecedented volume of domestic phone records within

6532-548: The rights of the for-profit 'public utility' to overcome environmental and zoning bylaws which a rail trail might otherwise be subject to. The legality of steering greenfield transmission projects into environmentally sensitive conservation and wetlands, and using electric ratepayer funds for non-reliability purposes is being tested. In a related case, the Massachusetts Supreme Judicial Court ruled that electricity customers can no longer be asked to help cover

6624-405: The sale amounting to $ 50-100 million. Ultimately, the controlling investors relented, and the deal closed in June 1999 for $ 285 million. At that point, Wired Digital was also cashflow positive. Combined proceeds of the two sales exceeded the Wired Ventures valuation at the time of its failed IPO. Rossetto’s penultimate issue was five years after his first, in January 1998. Appropriately, the issue

6716-419: The sale, Wired ’s magazine and web businesses became cashflow positive. Condé Nast declined to buy Wired Digital. Four months later, Providence/Tudor sold Wired Digital to Lycos . The deal almost didn’t close. Wired Ventures’s founders and early investors threatened lawsuits against Tudor and Providence for breach of fiduciary responsibility, claiming they were engaging in unfair distribution of proceeds from

6808-522: The same time, approximately 22% of the local governments in the survey indicated that they had brought back in-house at least one service that they had previously provided through some alternative private arrangement. There has been proposals to reform social security and emergency services in the United States by transforming them into public-private partnerships to ensure their continued funding. A form of P3 that became prevalent in American cities during

6900-665: The several thousand who exit the probation system annually." In the second of two pilots launched by Massachusetts in 2012, Third Sector Capital Partners joined with the Massachusetts Housing and Shelter Alliance (MHSA), lead intermediary for a chronic homelessness project, as well as the Corporation for Supportive Housing and United Way. The Massachusetts Housing and Shelter Alliance represents nonprofit housing organizations that provide housing and support services, such as medical care and vocational training. The consortium' goal

6992-418: The standard funding model for infrastructure projects arise from concerns about the level of public debt . U.S. city managers' motivations for exploring P3s vary. According to a 2007 survey, two primary reasons were expressed: cost reduction (86.7%) and external fiscal pressures, including tax restrictions (50.3%). No other motivations expressed exceeded 16%. In the 2012 survey, however, interest had shifted to

7084-646: The start of negotiations. Subsequent municipal Inspector general's reports on the Parking concessions found the City significantly underpriced the value of these assets in these deals. over the next 75 years) On 5 May 2014, the State of Illinois announced the state's first Pay for Success (PFS) contract will increase support for at-risk youth who are involved in both the child welfare and juvenile justice systems in Illinois. The first contract awarded under this innovative initiative will go to One Hope United, in partnership with

7176-488: The strongest influence on the magazine's editorial outlook came from founding editor and publisher Louis Rossetto . In 1991, Rossetto and founding creative director John Plunkett created a 12-page "Manifesto for a New Magazine", nearly all of whose ideas were realized in the magazine's first several issues. During the five years of Rossetto’s editorship, Wired 's colophon credited Canadian media theorist Marshall McLuhan as its " patron saint ". Wired went on to chronicle

7268-401: The traditional market space that has been opened up by new media. The magazine coined the term crowdsourcing , as well as its annual tradition of handing out Vaporware Awards, which recognize "products, videogames, and other nerdy tidbits pitched, promised and hyped, but never delivered". In these same years, the magazine also published the story, written by Joshuah Bearman, that became

7360-452: The underground garage at Grand Circus Park. On October 16, 2014, lawyers for the city of Detroit and Financial Guaranty Insurance Company (FGIC), a bond insurer with a $ 1 billion claim, disclosed in court that they had reached a deal to settle the company's claims. Under the deal, the city and state would pay for the demolition of the city-owned Joe Louis Arena once the Red Wings move into

7452-562: Was a radical departure. Computer magazines carried no lifestyle advertising, and lifestyle magazines carried no computer advertising. And Wired’s target audience of “Digital Visionaries” was unknown. Wired ’s fundraising breakthrough came when they showed a prototype to Nicholas Negroponte , founder and head of the MIT Media Lab at the February 1992 TED Conference, which Richard Saul Wurman comped them to attend. Negroponte agreed to become

7544-633: Was also featured on Wired 's cover in its first year. Wired co-founder Rossetto claimed in his launch editorial that "the Digital Revolution is whipping through our lives like a Bengali typhoon", a bold statement at the time, when there were no smart phones, web browsers, and less than 10 million users connected to the Internet around the world, barely half that in the United States. Bold also describes John Plunkett’s graphic design, and its use of fluorescents and metallics. Uniquely for magazines, Wired

7636-447: Was confirmed by savvy private investors who put $ 12.5 million into the company in May at just under the original offering stock price. They also argued that the offering price was set by the bankers, and was merited since it pioneered web media, and its revenue at Hotwired was greater than Yahoo when it went public at a higher valuation than Wired’s. For their part, Wired executives blamed Goldman for mismanaging their IPO, and then failing

7728-469: Was entitled "Change is Good", Wired's unofficial slogan. In his last issue in February, he ushered in a complete redesign of the magazine, the first since its start. Katrina Heron became Wired ’s second editor-in-chief with the March 1998 issue. Wired magazine’s new owner Condé Nast kept the editorial offices in San Francisco, but moved the business offices to New York . Wired survived the dot-com bubble under

7820-416: Was executive editor, John Plunkett creative director, and John Battelle managing editor. John Plunkett's wife and partner, Barbara Kuhr (Plunkett+Kuhr) later became the launch creative director of Wired's website Hotwired . They were to remain with Wired through the first six years of publication, 1993–98. Rossetto and Metcalfe were aided in starting Wired by Ian Charles Stewart , who helped write

7912-501: Was one of the first magazines to list the email addresses of its authors and contributors, the column by Nicholas Negroponte, while written in the style of an email message, surprisingly contained an obviously fake, non-standard email address. That was remedied in the second issue. Wired first mentioned the World Wide Web in its third issue, after CERN put it in the public domain in April. Subsequently, Wired focused extensively on

8004-411: Was printed on a new, state of the art, high-end, six color press normally used for annual reports. The first issue covered interactive games, cell-phone hacking, digital special effects, digital libraries, an interview with Camille Paglia by Stewart Brand, digital surveillance, Bruce Sterling’s cover story about military simulations, and Karl Taro Greenfeld ’s story on Japanese otaku . And while Wired

8096-492: Was so new at the time, Wired hired forty engineers to write the code for its edit and ad serving software. By the end of 1995, Hotwired ranked sixth among all websites for revenue, ahead of ESPN, CNET, and CNN. The New York Times commented, " Wired is more than a successful magazine. Like Rolling Stone in the 60's, it has become the totem of a major cultural movement." With Wired magazine and Hotwired’s explosive growth, Wired expansion accelerated. By 1996, it had launched

8188-418: Was the first website with original content and Fortune 500 advertising. Hotwired grew into a variety of vertical content sites, including Webmonkey, Ask Dr. Weil, Talk.com, WiredNews, and the search engine Hotbot. In 1997, all were rebranded under Wired Digital. The Wired.com website, formerly known as Wired News and Hotwired , launched in October 1994. The website and magazine were split in 1998, when

8280-451: Was to be the second runup in internet stocks which resulted in the 1999 dot-com bubble. In 1996, Wired Digital made up 7 percent of the company's revenues, and in 1997 it pulled in 30 percent. The unit was expected to contribute about 40 percent of revenues in 1998. Providence and Tudor had other plans, and hired Lazard Freres to shop the company. Rossetto and Metcalfe lost control of Wired Ventures in March 1998. The Street.com commented that

8372-474: Was to raise the number of housing units it provides to around 600 from 220. Following its bankruptcy , Detroit was compelled to sign Asset Monetization arrangements with its creditors. In September 2014, the City came to terms with bond insurer Syncora on its $ 400 million claim; Syncora would receive a 20-year lease extension on their P3 operation of the Detroit-Windsor Tunnel and 30-year lease of

8464-538: Was webmaster. Convinced the Web was the future of media, and using Condé Nast’s investment, Wired bet its future by quickly expanding Hotwired into a suite of websites to include Ask Dr. Weil, Rough Guides, extreme sports, even cocktails. In 1996, it introduced its search engine HotBot in partnership with Berkeley startup Inktomi . Hotwired pioneered many of the features and techniques that would go on to define online journalism and online content creation in general. The web

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