Amazon picks New York and Northern Virginia for its second headquarters

Amazon's plan to split its second headquarters, dubbed "HQ2", evenly between two cities will boost its presence around New York and Washington

Amazon on Tuesday announced it has selected New York and Northern Virginia for its second headquarters, a source told Reuters, ending a more than year-long contest that has seen frenzied bidding from locales across North America.

Amazon’s plan to split its second headquarters, dubbed “HQ2”, evenly between two cities will boost its presence around New York and the nation’s capital as it seeks to gain a recruiting edge over Silicon Valley tech firms.

The source, who is familiar with the matter, told Reuters that Amazon will also announce a significant investment in one other city, in addition to revealing the two HQ2