CNN buys Beme app
Beme, a social app created by YouTube personality Casey Neistat, was bought by CNN this week. The company was founded to allow users to share quick, short clips of video without edits, comparable to social video apps like Snapchat. Beme will operate as a standalone media sub-brand under CNN’s umbrella, and Neistat will serve as executive producer. [TechCrunch]
NYC sees 4 tech startups named to Inc's Top 15 Companies of the Year
This week, Inc released its annual ‘Top 15 Companies of the Year’ list. Four New York-based companies scored spots on the roster this year, including BuzzFeed, Casper, Harry’s and Pivotal. [Inc]
Real estate tech companies VTS and Hightower to merge in $300M deal
Both VTS and Hightower help commercial real estate owners and brokers manage their businesses. In a ‘landmark deal’ for the commercial real estate space, the company merged this week in a $300 million transaction. [Wall Street Journal]
Instagram building e-commerce team in NYC
According to a Fortune article, Instagram is growing its presence in New York City. While the company has employed an engineering team in New York since the beginning of this year, it is now building out a team to develop an e-commerce initiative for the social networking app. [Built In NYC]
Arianna Huffington officially launches new wellness startup
On Wednesday, Arianna Huffington’s latest venture, Thrive Global, launched with a mission to offer companies and individual science-based solutions to lower stress levels and increase well-being. [New York Business Journal]
Bar Works to open in Williamsburg
Bar Works, a coworking outfit taking on the likes of WeWork, has reached a deal to open its first Brooklyn location in a small warehouse in Williamsburg. The new space is the sixth location for Bar Works, which has transformed former bar and restaurant locations into offices. [Crain's New York]
WeWork adds three floors to Midtown East location
This week, WeWork announced that it's expanding its Midtown East location from 60,000 square feet to 100,000 square feet. The company, which is currently valued at more than $10 billion currently occupies almost two million square feet in New York City. [Crain's New York]
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