At presstime, the nation's largest school district was expected to OK plans to create a money-making internet portal—complete with educational content and eCommerce capabilities—so it can raise funds to buy more technology for its schools.

"If we sit around and try to get government money, it's not going to happen fast enough," said Ninfa Segarra, chair of the New York City Board of Education's technology committee.

The board wants to provide students with the...

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