New NYC buses are getting Wi-Fi and USB charging ports
New Yorkers are about to get some much-needed, state-of-the-art, public bus upgrades. On Tuesday, the city announced that over 2,000 high-tech buses will start replacing MTA buses in April. That accounts for about 40 percent of the total bus fleet in New York City, and will be completed in five years. [Mashable]
WeWork is now a $16B company
Office-sharing startup WeWork is raising $430 million in new funding that places it at around a $16 billion valuation. In a blog entry, WeWork shared that the investors leading the deal were Chinese firms Legend Holdings and Hony Capital — giving the super-hot office-rental company a foot in the door in China. [Built In NYC]
fuboTV raises $15M
fuboTV, the fastest-growing virtual MVPD in the U.S., announced a $15 million Series B. The round was led by Sky and 21st Century Fox, and will be used to grow the company’s expanding sports-first streaming video offering, develop new features and market the service to increase its subscriber base. [Business Wire]
Citi leads $4.2M Selerity funding round
Selerity, a startup that monitors unstructured data and delivers personalized alerts to investors and traders, has raised $4.2 million in a funding round led by Citi, which is also using the firm's algorithms to provide recommendations to clients through its Citi Velocity platform. [VentureBeat]
Ride-sharing startup, Juno, to launch in NYC
A new ride-sharing startup is launching in NYC with plans to compete against Uber. The startup is called Juno, and it’s the brainchild of Israeli-American entrepreneur Talmon Marco. Marco amassed a fortune at a relatively young age by starting companies to compete with established businesses. He walked away with $900 million for creating Viber, an online communications program that competes with Skype. Juno began testing its services last month and plans to debut in New York this spring. [Washington Post]
JP Morgan Chase launches new website, embraces startup appeal
Big banks are in the midst of rebranding themselves as a means of appealing to startups. In December, JPMorgan Chase & Co. joined that group with the launch of a financial technology office near Hudson Yards that looks more like a startup incubator than a bank. This week, the New York investment bank took the next step and unveiled a sleek new website. [New York Business Journal]
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