Categories new-york-city

11 posts

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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

This week, flexible workspace operator (and one-time unicorn) Knotel announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million. Knotel designed, built and ran custom headquarters for companies. It then managed the spaces with […]

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Logistics are key as NYC startup prepares to reopen office

The future of offices will require “hot desks,” contact tracing and a volunteer task force run by employees to make sure their colleagues are washing their damn hands. SquareFoot CEO Jonathan Wasserstrum says he’s bullish on the future of office spaces because his startup helps growing companies find office space. […]

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3 perspectives on the future of SF and NYC as startup hubs

It has been an incredibly tough period for everyone the past few months as the global COVID-19 pandemic has wiped out whole industries from the economic map. While tech has been among the most resilient industries in the face of this cataclysm, the extreme mobility of the industry’s workforce begs […]

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New York Auto Show canceled for 2020, pushed to spring 2021

Organizers of the New York International Auto Show, once hoping to hold the rescheduled event in August, have decided to scrap the entire year. The show has been officially canceled for 2020 due to the COVID-19 pandemic, organizers announced Friday. The next show will take place April 2 to April […]

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Tech for good during COVID-19: Sky-high gifts, extra help, and chips

When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were laid off. His goal was to increase awareness about layoffs and give recruiters a place to search for candidates. However, one […]

Seeqc raises $5M to help make quantum computing commercially viable

Seeqc, a startup that is part of a relatively new class of quantum computing companies that is looking at how to best use classical computing to manage quantum processors, today announced that it has raised $5 million from M Ventures, the strategic corporate venture capital arm of Merck, the German […]

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New York City bans Zoom in schools citing security concerns

As schools lie empty, students still have to learn. But officials in New York City say schools are not permitted to use Zoom for remote teaching, citing security concerns with the video conferencing service. “Providing a safe and secure remote learning experience for our students is essential, and upon further […]

88 out of top 200 US cities have seen internet speeds decline this past week, 3 cities by more than 40%

The impacts of telecommuting, shelter-in-place laws and home quarantines resulting from the COVID-19 outbreak are starting to impact broadband speeds across a number of U.S. cities, a new report has found. According to broadband analysis site BroadbandNow, 88 out of the top 200 most populous U.S. cities analyzed have now […]

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Uber Eats waives delivery fees for independent restaurants during COVID-19 pandemic

Uber Eats said Monday it will waive delivery fees for all orders from independently owned restaurants on the app as the COVID-19 pandemic continues to spread and causes cities to shutter all non-essential businesses. Restaurants throughout the U.S. are facing economic headwinds as city and state officials take steps to […]