Amazon may be rethinking its New York City headquarters

Amazon’s decision to open HQ2 in New York City has been a controversial decision since day one. The company has been championing the estimated 25,000 jobs the move could bring to the metropolitan area, while citizens and local government officials have balked at promised tax breaks and the added strain on housing and an aging infrastructure. […]

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NYC launches partnership network, “The Grid”, to help grow urban tech ecosystem

The New York City Economic Development Corporation (NYCEDC) and CIV:LAB – a nonprofit dedicated to connecting urban tech leaders – have announced the launch of The Grid, a member-based partnership network for New York’s urban tech community. The goal of the network is to link organizations, academia and local tech leaders, in order to promote collaboration […]

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Showing the power of startup women’s health brands, P&G buys This is L

The P&G acquisition of This is L., a startup retailer of period products and prophylactics, shows just how profitable investing in women’s healthcare brands and products can be. A person with knowledge of the investment put the price tag at roughly $100 million — a healthy outcome for investors and company founder Talia Frankel. But just as […]

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Apple fixes FaceTime eavesdrop bug, with software update incoming

Three days after Apple pulled its new Group FaceTime feature offline after users found they could eavesdrop on people before accepting a call, the company says it’s fixed the bug on its end. “We have fixed the Group FaceTime security bug on Apple’s servers and we will issue a software update to re-enable the feature […]

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New York cracks down on companies that sell fake followers

On Wednesday New York Attorney General Letitia James announced that her office had reached a settlement with Devumi, a company that made millions selling fake followers to unsuspecting customers. The state of New York found that Devumi had engaged in illegal deception and illegal impersonation in the course of fluffing up social media profiles with its […]

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With its Greenlots acquisition, Shell is moving from gas stations to charging stations

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots, a Los Angeles-based developer of electric vehicle charging and energy management technologies. Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused […]

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Amazon partners with New York colleges on a cloud computing job training program

A day after Amazon detailed plans to fund computer science classes in New York area high schools, in an effort to expand its tech pipeline for its new HQ2 location in Queens, the company this morning announced a second educational initiative that sees it teaming up with New York City and state colleges. Amazon says […]

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Waze expands its Bluetooth beacons to New York City to end GPS signal blackouts

Drivers in New York City will soon be able to use Waze — and other navigation apps — in places like tunnels or bridges where it’s common to lose a GPS signal. The new capability is courtesy of small open source puck-like devices called Waze Beacons that were invented in-house by Gil Disatnik, an engineer […]

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FanAI buys Waypoint Media to better track fan engagement for streaming monetization

FanAI, an audience analysis platform for eSports and streaming, is buying New York-based Waypoint Media to improve its analytics tools for eSports players and streamers. The deal means that Waypoint’s Twitch Middleware API and the “Raven” tracking and URL shortener will be added to FanAI’s product portfolio. The middleware tech has the ability to track every […]

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Amazon to fund computer science classes in over 130 NYC high schools

Following Amazon’s decision to set up one of its new headquarters in Long Island City, Queens, the company announced this morning a plan to fund computer science classes in over 130 New York City area high schools. Specifically, Amazon will fund both introductory and Advanced Placement (AP) classes across all five NYC boroughs, including over […]

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Petal raises $30m from Valar to bank the unbanked with credit cards

Credit cards are a relatively new invention that have entered into something of an innovation rut. Reward programs seem stale, mobile apps remain mired in early-2000s UX paradigms, and all too often, critical financial decisions (and their expensive associated fees) are hidden like booby-traps for users. Little wonder then that consumers are fed up with […]

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Verbit raises $23M for its transcription service

Verbit, a transcription startup with offices in Tel Aviv and New York, today announced that it has raised a $23 million Series A round led by Viola Ventures. Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and ClalTech also participated in this round. The company, which currently focuses on the legal and academic sector, uses […]

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