New York

NYC approves one-year pilot of taxi e-hailing

New York is getting on board with e-hailing services for taxi cabs though it’s doing so slowly. The Taxi and Limousine Commission approved a one-year pilot program that will allow companies like Uber, Hailo and others to offer taxi hailing from a smartphone.

News Corp and Yankees set to play ball, raise TV bills

News Corp is about to acquire a 40 percent in YES, the network that distributes Yankees games. The deal is likely to result in cable cost hikes and prove once again how the price of live sports will keep going up in the age of cord-cutting.

Thrive Capital’s Joshua Kushner working on healthcare startup

Joshua Kushner, the well known founder of New York-based Thrive Capital, an investor in hot startups such as Instagram, Fab, CodeAcademy and Warby Parker is working on his second startup, that is said to be focused on the healthcare industry. It is all very hush-hush.

Uber closes down taxi service in NYC

Uber’s attempt to expand its on-demand town car service in New York to the realm of taxis could have reached a roadblock, with The Verge reporting that the company is scaling back the city’s taxi service and asking drivers to return their electronic devices used to operate the Uber system.

Thrive Capital raises $150M for third fund

Thrive Capital, the New York VC firm that has invested in Instagram, Fab, Warby Parker and GroupMe, has raised a third fund totalling $150 million. Thrive, led by 27-year-old Joshua Kushner, will continue to look at Internet and media companies at any stage.

TechStars NYC leader David Tisch steps down

David Tisch, the managing director of TechStars New York, is stepping away from his duties to pursue new projects. He will remain active with the accelerator program. His replacement has not been announced yet.

New York starts turning payphones into free Wi-fi hotspots

Payphones, those relics of the pre-cellphone era, may just get a new lease on life in New York. The city is testing a new pilot program in which it installs free Wi-Fi on select payphone kiosks. It is starting with ten kiosks in three boroughs.

Google kickstarts CornellNYC Tech school with free space

Google is offering 22,000 square feet of free space in its New York headquarters to help CornellNYC Tech university get underway. The space will allow CornellNYC Tech to begin offering courses this fall as opposed to waiting for the completion of its school on Roosevelt Island.

EBay puts down roots in NYC with data-focused tech center

EBay is putting down roots in New York and has bought up a 35,000 square foot space. The retailer is announcing that it has purchased an entire floor in the Flat Iron district where it will house 200 people in a new technology center of excellence.

5 New York startups to watch

New York’s start-up community relived its fondest science fair memories Thursday with the inaugural NY Tech Day, a showcase for 180 start-ups that demonstrated some of the breadth and depth of the local tech scene. The event packed in more than 4,500 attendees.

Your next NYC cab ride could be in a mobile office

Nissan will deliver a fleet of new taxicabs to New York City starting in 2013. The new model, dubbed the NV200 minivan, is less a traditional cab and more of a comfortable mobile office with more amenities, outlets and leg room than an office cubicle.

Fab.com takes big step toward becoming Amazon of design

Design shopping site Fab.com is taking a big step toward becoming the Amazon of design with the introduction of five weekly specialty shops for categories like fashion, pets and food that will more than triple the number of products Fab offers at any given time.

Wall Street gains an edge by trading over microwaves

McKay Brothers, a firm that sells high capacity links to trading firms, is connecting the financial districts of New York and Chicago with a network that aims to execute the fastest trades in the country. Instead of using fiber, though, McKay is taking to the airwaves.

Early leader in NYC BigApps competition: Foursquare

New York City kicked off voting on Thursday on its third annual BigApps competition, which rewards apps that use its open data sets. But one of the most popular resources appears to be Foursquare, which is in use in more than half of the top apps.

How Codecademy got so hot, so fast

Codecademy, which teaches users how to program for free with an interactive and social web application, has garnered more than 1 million users in less than five months. We talked to co-founder and CEO Zach Sims about how Codecademy started and where it’s going.

New York rising: Brooklyn gets its first VC fund

Charlie O’Donnell, a principal at First Round Capital in New York, thinks Brooklyn is increasingly where the action is, and he’s launching the first Brooklyn-based venture capital fund to help kick-start companies on the other side of the East River.

AT&T overbuilding LTE in 2011, taking on the Big Apple

Its 2011 LTE build goal already complete, AT&T is expanding the new super-high-speed network into more markets in the remaining days of the year, starting with New York City. AT&T’s CFO says the expansion is being driven by ever-increasing mobile broadband demand.

Facebook to open engineering office in New York City

Facebook announced Friday it will establish engineering operations in New York City in 2012. This will be the social networking company’s first engineering office outside of the west coast. “We want the next Facebook to start here in New York City,” Mayor Michael Bloomberg said.

What happens when journalism is everywhere?

The authorities in New York are discovering what Egypt also learned — that it’s not as easy to regulate or arrest journalists when everyone is a journalist. But while that may make our lives a little more complicated, it is fundamentally a good thing for society.

East coast companies need to win at home in talent war

Charlie Kim, CEO of NextJump, who just organized the largest engineering job fair in New York said the challenge for local companies is to win the talent recruiting wars, which comes down competing at home, playing for the long term and getting top executives involved.

TechStars’ second New York class shines in their debut

TechStars New York, now a TV brand thanks to a new Bloomberg series, graduated its second class today of would-be break out stars. The class shows that the program is still churning out a lot of quality, with a pretty polished group of graduates debuting.

AT&T shows more free Wi-Fi love to NYC parks

AT&T announced on Tuesday it’s extending free Wi-Fi to five more New York parks, part of the plan to bring Wi-Fi to 20 parks spread throughout the five boroughs of New York. Free Wi-Fi isn’t just good will; it’s a helpful tool in relieving cellular networks.

NYC SeedStart Media class pushes crowdsourcing, commerce

NYC SeedStart, a New York incubator program founded by NYC Seed along with a handful of VC partners, just graduated its summer class focused on media. The seven startups cover a range of topics, but a few themes emerged like crowdsourcing, commerce and content management.

Towerstream turns NYC Wi-Fi network into app distribution platform

Wi-Fi provider Towerstream is turning its superfast Manhattan Wi-Fi zone into a distribution platform for daily deal apps in a bid to monetize its wireless network, the largest in Manhattan. The company is partnering with BlisMobile, which will handle the app distribution through its AppZone service.

A breakdown of gas costs per city [Infographic]

Here’s how much drivers across the U.S. have been spending on average to fill up their tanks per month, courtesy of online banking web startup Mint.com. Folks in Silicon Valley are spending the most, while New Yorkers spend the least.

New York City Sees Its Future as a Data Platform

New York City’s new Chief Digital Officer Rachel Sterne said New York City is trying to turn the city’s government into a platform that enables developers and individuals to take data about life in the metropolis and use it to create apps, services and other resources.

New York Tech Mojo Attracts Valley Dollars

Accel Partners, the firm backing Facebook and Groupon, announced has opened an office in New York, giving the city’s growing tech scene another profile-raising boost. It’s further recognition that New York has grown in importance and could signal more eastward migration from Valley VC firms.

How to Score a Big City Bike Share Deal

New York City aims to join the city bike sharing wave and has issued a request for proposal for the new system. Here are 10 factors that could help teams gain an edge over the competition, including connectivity and the ability to harvest data.

Fred Wilson on The Empire State of Startups

As Om shared earlier this month, New York’s tech scene is getting a flood of venture capital for Internet deals, rivaling San Francisco. I sat down with Fred Wilson of Union Square Ventures to discuss the New York renaissance, how it came about and where it’s headed.

In a Down Economy, Angel Investors Change Course

Angel investors, rather than run from the lousy market, are merely adapting to it — doing more follow-on investments, syndicating deals amongst multiple angels and, in some cases, investing greater amounts of money into a single startup so it can pay the bills during the dry spell for early-stage capital that they see lying ahead.

It’s Official: NYMag Buys MenuPages

As we first reported last week, New York Media, the parent company of New York magazine and website NYmag.com has bought out Menupages, the…