New York

Can New York Really Be the Next Silicon Valley?

Posted In Looking in Tech
New York Manhattan Bridge
New York’s tech space has been bubbling for some time, with many local officials, executives and investors betting that the city is poised to become the next Silicon Valley. But even as local technology businesses boom and startups connect themselves to the region’s traditional advertising, media and financial industries, that goal remains elusive, notes the New York Times. For one thing, none of the companies deemed to be breakout stars – like Foursquare, Fab.com and even Tumblr — have lived… continue…

Facebook Expands in NYC, Plans Hiring

Posted In Looking in Tech
Facebook Wall NY
With an eye toward expansion, Facebook is moving its New York office from midtown to 770 Broadway in the city’s more tech-centric lower Manhattan. CNET says that although the team began working out of the new space Monday, the “official” opening will take place in the spring. After that, the company plans to host meetups and other events for the local tech community. Currently, Facebook has 320 employees in New York, about 100 of whom are engineers.  Moving downtown, observes… continue…

IBM Strikes Deal With NY to Retain 3,100 Jobs

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IBM Logo
IBM and the State of New York Monday cut a deal that would spare 3,100 workers in the Hudson Valley and surrounding areas through the end of 2016, even as the company takes a $1 billion restructuring charge in the first quarter. But employees, posting comments to the IBM union site Alliance@IBM, wonder what will happen with the remaining workforce in the area, which numbers approximately 7,000. Big Blue’s workers have been buffeted by a number of layoffs throughout the… continue…

ADP to Create 110 Software, Data Jobs in N.Y. City

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New York
Human capital management solutions provider ADP will create an “innovation lab” in New York City, creating 110 jobs on top of 22 that already exist. The new positions include software developers and data scientists, said the office of New York Gov. Andrew Cuomo. ADP already employs 2,900 people at nine facilities in New York State. Its R&D organization develops all of the software that the company provides to clients, and has approximately 3,000 staffers in 30 states. The company has… continue…

Why New York Is a Good Place for Women Tech Entrepreneurs

New York
Heather Marie’s New York-based startup, 72Lux, is a universal checkout SaaS company that began as a response to what she saw as a big problem in e-commerce. Retailers simply weren’t capitalizing on the power of the Internet in creating their online presence, she says. “As a consumer, I knew there could be improvements. There were opportunities to not just provide a service, but to simplify the entire shopping experience.” Today, 72Lux provides an e-commerce and multi-retailer checkout solution through the… continue…

In New York, Optimism on Tech Hiring

Posted In Looking in Tech
New York
What’s New This Quarter Silicon Alley is always hungry for talent, and now it has a way of growing its own. A newly arrived “career accelerator” called  Startup Institute, similar to Manhattan-based General Assembly, is offering classes for people who want to reinvent themselves and find a way into the tech economy. Startup Institute teaches skills such as coding and marketing and gives students the cultural know-how to get along in the startup world. Director Christina Wallace says almost 90 percent… continue…

Scope of Tech Jobs Expands in New York

Posted In Looking in Tech
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What’s New As he prepares to make his exit after 12 years in office, Mayor Michael Bloomberg is launching a final push to establish New York as a center for life sciences study and businesses. Having already sealed the deal on the $2 billion Cornell University Roosevelt Island Technology Campus and Office Complex project, he’s encouraged a group of postdoctoral researchers from the Icahn School of Medicine at Mount Sinai to form the Keystone for Incubating Innovation of Life Sciences-NYC… continue…

NYC’s ‘Best’ Angel Investor Flies Under the Radar

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One of the best and most successful angel investors in New York travels well under the radar, and that’s how Shana Fisher seems to like it. According to Business Insider, the managing partner at High Line Venture Partners passes interview requests over to her portfolio companies, saying things like, “I don’t think it’s interesting for me to talk about how I invest. Give 10 minutes to one of my companies!” While she might prefer a low profile, the best in… continue…

Tech Job Numbers Keep Climbing in N.Y.

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Advancing technology and a number of startups have created thousands of tech jobs in New York City in a very short timeframe, according to the Partnership for New York City’s NYC Jobs Blueprint. The average salary is $96,400. That’s not bad, though bear in mind the area’s an expensive place to live. The Partnership worked with consulting company McKinsey to analyze the number of true tech positions in the city, which it defined as jobs requiring advanced skills across all… continue…

New Nanotech Hub Means 1,000 Tech Jobs In Upstate N.Y.

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A new nanotechnology hub in upstate New York will create 1,000 high-tech jobs, Gov. Andrew Cuomo said in announcing the new center at the SUNY Institute of Technology near Utica. Six companies — Advanced Nanotechnology Solutions Inc., SEMATECH, Atotech, IBM, Lam Research and Tokyo Electron – will invest $1.5 billion in research and development for computer chip packaging, lithography development and commercialization. The announcement didn’t provide any details on the jobs to be created or the time frame for that… continue…