Zero Motorcycles leads in electric motorcycles as BRP scoops up Alta’s remains

As the mobility world awaits Harley Davidson’s EV debut, there’s plenty of motion in the e-moto startup space. Zero Motorcycles unveiled its new 110 horsepower SR/F model in New York this week, offering a 200 mile range, one hour charge capability, and top speed of 124 mph. The California based startup—whose investors include New York […]

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Justin Caldbeck sues Binary Capital co-founder Jonathan Teo, claiming he ‘made no effort to save the firm’

Justin Caldbeck, angry the Binary Capital co-founder couldn’t save the firm following his own sexual harassment scandal, alleges breach of contract and fraud in the lawsuit.

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Helping children overcome their mobility challenges, Trexo Robotics gets a Y Combinator boost

Manmeet Maggu and Rahul Udasi didn’t know it when they met at the University of Waterloo 11 years ago, but the bond they forged in late-night study sessions as roommates has helped drive their work to create an exoskeleton that provides mobility for children with disabilities. The fruit of that labor is Trexo Robotics, which […]

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Selfie app maker Meitu eyes overseas gaming market with $340 million deal

China’s largest selfie app maker Meitu has been busy working to diversify itself beyond the beauty arena in China. On Wednesday, the Hong Kong-listed company announced in a filing that it has agreed to pay about HK$2.7 billion ($340 million) for a 31 percent stake in game publishing company Dreamscape Horizon. Dreamscape Horizon, a subsidiary of […]

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Why can’t we build anything?

Last week, California governor Gavin Newsom announced that he was intending to aggressively scale back plans for the state’s high-speed rail system, which in its most ambitious routing would have connected Sacramento to San Diego. The immediate cause was ballooning costs, which have risen from $33 billion to $77 billion and looked likely to exceed […]

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New York Governor ‘Amazon Cuomo’ is furious over canceled HQ2

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There is likely no one more distraught over Amazon’s decision to cancel its plans to build a second headquarters in Long Island City, Queens than New York Governor Andrew Cuomo.

“Amazon chose to come to New York because we are the capital of the world and the best place to do business,” said Governor Cuomo in a statement after Amazon’s announcement on Thursday. “However, a small group [of] politicians put their own narrow political interests above their community.”

Governor Cuomo was instrumental in bringing Amazon’s HQ2 to the city. The governor helped secure a deal with Amazon, which saw the company receiving a total of $3 billion tax incentives.  Read more…

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Did New York lose anything with Amazon’s rejection? It’s complicated.

Now that Amazon has said that it’s taking its ball and going home rather than deal with mean, pushy New Yorkers, outside observers are giving off the sense that the city (and its local politicians) are losing out for their recalcitrance. They’re wrong. New York City is running at about a 4.3% unemployment rate — […]

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Boston and NY share high tech losses as Amazon and GE bail on same day

Boston and New York have been sporting rivals for decades, constantly fighting over bragging rights across all four major sports, but today the two cities had something in common neither was probably hoping for. Both had major tech companies back out of massive deals on the same day. It turns out, however, the two cities […]

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Amazon’s NYC educational investments will continue, despite cancellation of New York HQ2

Amazon’s plans to invest in New York area engineering training programs and other local educational initiatives are not being canceled, despite Amazon’s announcement today that it will no longer open one of its HQ2 locations in New York City. The retailer decided to end its plans for the New York headquarters after significant backlash from local […]

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Medivis has launched its augmented reality platform for surgical planning

After two years of development, Medivis, a New York-based company developing augmented reality data integration and visualization tools for surgeons, is bringing its first product to market. The company was founded by Osamah Choudhry and Christopher Morley who met as senior residents at NYU Medical Center. Initially a side-project, the two residents roped in some […]

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Taali takes its popped water lily snacks from Y Combinator to the world

Aditya and Aarti Kochhar Kaji didn’t set out to start the snack food business Taali Foods when they were studying for their business degrees at Harvard. The couple both hail from Mumbai and met at the University of Pennsylvania . They were married before starting at Harvard’s Business School and initially were interested in other areas […]

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Amazon reportedly rethinking HQ2 in New York City

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Amazon’s second headquarters may not be coming to New York City after all.

According to the Washington Post, Amazon may be reconsidering its decision to open its long-touted HQ2 to the borough of Queens in New York City. Sources “familiar with the company’s thinking” told the Post that the reassessment comes following local opposition from politicians and activist groups.

Last November, Amazon announced it had chosen New York’s Long Island City and Arlington, Virginia as its locations for a second company headquarters. The Seattle-based company also announced a third location in Nashville. The selections came after a year-long competition with hundreds of cities vying for Amazon’s favor. Read more…

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