Supersonic Flights to London Could Return to NYC
A new startup called Boom is trying to revive commercial supersonic jet travel between London and New York. Tickets would cost $5,000 and get passengers on the ground in London after a three-and-a-half hour long flight reaching speeds of 1,451 mph. A prototype of the plane is expected to be built next year, and flights could start in a couple of years. [Startup Plans to Offer ‘Affordable’ Supersonic Jet Travel, TIME]
Pay-per-article startup Blendle is coming to NYC
Blendle, a startup that allows consumers to read news on a pay-per-article basis is coming to the United States, and signing some big New York-based publishers. The New York Times, Time, Bloomberg Business Week, New York Magazine and The Wall Street Journal have all signed up to participate in the app’s ‘beta’ launch. Newspaper articles cost between 19 and 39 cents, while magazine articles cost between 9 and 49 cents. Built In NYC content will remain completely free. [Pay-Per-Article Startup Blender Signs Up U.S. Partners, The Wall Street Journal]
DraftKings and FanDuel stop operating in New York
Both DraftKings and FanDuel have agreed to stop operating in the state of New York as part of an agreement that will get the state Attorney General to drop claims against the companies. This makes New York the ninth state where the sites have had to stop operating paid contests, and FanDuel is actually based in the city. [All bets are off for DraftKings and FanDuel in New York, Marketplace]
Giant skyscraper at Cornell Tech campus close to funding
The Hudson Cos. and the Related Cos. are about to secure a $105 million loan to build a 26-story apartment building at Cornell’s new tech campus being built on Roosevelt Island. The building will be the largest and tallest structure in the world to use an eco-friendly ‘passive house’ design. When completed, 530 graduate students and faculty will live in the building. [Hudson, Related nearing $105M loan for world’s biggest “passive house” at Cornell Tech, The Real Deal]
Andrew Grove, longtime CEO of Intel, died at 79
Andrew Grove, who served as the Intel Corporation’s chief executive and chairman, died at his home in California last week. While Grove is known as a founder of Silicon Valley, he was a long-time New Yorker before heading west. Grove, a Holocaust survivor born András István Gróf, fled communist Hungary and set up shop in New York. While in the city he graduated at the top of his chemical engineering class at the City College of New York, despite not being fluent in English. It doesn't get much more New York than that. [Andrew S. Grove Dies at 79, Intel Chief Spurred Semiconductor Revolution, The New York Times]
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