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The Love/Hate Relationship Between Startups and New York City

By Adrianne Jeffries | January 17, 2011 | 6:45 pm

For all the talk about how the Silicon Alley tech scene is exploding, New York can be a scary place for a young startup. Rent is high, beer is expensive and the fierce competition over sparse technical talent means founders had better keep their developers... MORE»

DVDs never see it coming.

Netflix Really Wants To Stop Sending You DVDs

By Ben Popper | January 17, 2011 | 5:05 pm

Netflix announced this morning that users can no longer add DVDs to their mailing queue from devices they use to stream Netflix... MORE»

Tumblr has quietly crushed San Francisco's Posterous.

Tumblr Is So Crushing Posterous, It's Not Even Funny Anymore

By Adrianne Jeffries | January 17, 2011 | 4:52 pm

Garry Tan, the co-founder of Tumblr's trash-talking competitor Posterous, has jumped... MORE»

More than double the revenue.

DoubleClick Online Ad-Market Revenue Rockets Higher

By Mike Taylor | January 17, 2011 | 3:24 pm

DoubleClick, the New York-based online advertising juggernaut Google bought for $3.1 billion in 2007, is quite sanguine about Ad Exchange, its year-old online ad marketplace that solicits real-time bids from buyers, according to a report by... MORE»

Oooops.

Sorry Citizens, Goldman Not Selling Facebook Shares To U.S. Investors

By Ben Popper | January 17, 2011 | 3:22 pm

In a humiliating turn of events, Goldman has decided to bar its U.S. clients from purchasing Facebook shares. The move is seen as an effort to dodge interference from the SEC,which had "opened an inquiry into the structure of the offering and whether it violated the law because the deal had been widely reported on in the media," according to... MORE»

New York Post Names Jamie Schram New Cop Shop Boss

By Kat Stoeffel | January 17, 2011 | 3:21 pm

Longtime New York Post crime reporter Jamie Schram has been named Police Bureau Chief, The Observer has learned. Schram fills the role that legendary investigative reporter Murray Weiss vacated in June. Weiss left for personal reasons, and has since started writing online for... MORE»

Rachel Giuliani and Kristin Smaby, newly-minted employees of BankSimple.

BankSimple Hires Customer Service Reps, Prepares for Beta Liftoff

By Adrianne Jeffries | January 17, 2011 | 2:38 pm

"What a bizarre concept," as one of BankSimple's potential customers put it, "People on a waiting list for a bank." That quote came from a lengthy profile in The Carnegie Mellon Today of BankSimple cofounders Josh Reich and Shamir Karkal, currently revving up for a beta release of the highly-anticipated Web-based bank. A waiting list for a bank may seem bizarre, but BankSimple has collected more than 20,000 email addresses for its beta... MORE»

Mr. Assange.

Wikileaks' New Target: Tax-Evading Banks

By Mike Taylor | January 17, 2011 | 12:02 pm

Wikileaks, the controversial secret document-driven site that has lately made sport of unsettling major banking institutions, has gotten its mitts on a whole new set of data relating to Swiss banks that may be providing tax shelters to business leaders, celebrities and... MORE»

You don't have to be angry to make a good iPhone game.

14-Year Old's iPhone App Beats Out Angry Birds

By Adrianne Jeffries | January 17, 2011 | 11:45 am

It took Robert Nay a month of coding at the public library to develop "Bubble Ball," a free, physics-based puzzle game that has been downloaded more than two million times in two weeks. Mr. Nay is 14, in eighth grade and lives in Spanish Fork, Utah. Last week, Bubble Ball knocked the hugely-popular game Angry Birds out of the #1-most downloaded spot in the App Store's free category, making iPhone game developers of all ages feel bad about... MORE»

CBS Says Charlie Sheen Is Keeping It Together

By Kat Stoeffel | January 17, 2011 | 11:30 am

Charlie Sheen's bender is going really, really well. Not only has Sheen maybe found love with Fort Wayne, Indiana porn star Bree Olson, but CBS programming chief Nina Tassler says their whirlwind Las Vegas affair is not affecting Sheen's insanely lucrative day... MORE»

Is AOL Still a Tech Company?

By Adrianne Jeffries | January 17, 2011 | 11:08 am

After being attached to media parent Time Warner for nine years, is the company that introduced millions of Americans to the Internet still a technology... MORE»

Steve Jobs Takes Another Medical Leave

By Ben Popper | January 17, 2011 | 10:21 am

Steve Jobs announced today that he will be taking a medical leave of absence, his second in two years.  Jobs is a survivor of pancreatic cancer and received a liver transplant back in 2009. Details on his current condition are scarce.  Jobs did miss the announcement in New York last week that the iPhone would be moving to Verizon, and a scheduled appearance with Rupert Murdoch has been pushed back by several weeks.  Here is the complete text of the... MORE»

#RIPRickyGervais: Piers Morgan Is A Social Media Genius

By Kat Stoeffel | January 17, 2011 | 10:21 am

Ricky Gervais may still be trending from last night's flame ball monologue, but the true Golden Globes media winner is Piers... MORE»

FirstMark Capital Leads $6 M. Series B for OpenGamma

By Mike Taylor | January 17, 2011 | 10:19 am

Today, New York venture capital makes its way across the pond, as FirstMark Capital leads a $6 million series B equity fundraising round for OpenGamma, a London-based financial technology firm that provides users with an open-source analytics and risk-management... MORE»

Hacker field trip.

First Foursquare Hack Day Announced

By Adrianne Jeffries | January 17, 2011 | 10:12 am

Foursquare co-founder Naveen Selvadurai announced on Friday that the company will host its first official hack day where programmers will get together to work, marathon style, for a day or a weekend on an application that uses Foursquare data. "I'm incredibly excited to announce something I've been dreaming about for so long: Foursquare is going to have its first ever developers meetup," Mr. Selvadurai wrote to the 1,841 members of Foursquare's developer listserve. The event is happening in New York City on Feb. 5, details to be... MORE»