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Yelp Opens New Office In New York City

Mayor Michael Bloomberg joined online review company Yelp to announce the opening of their new office in New York City. The new Yelp East Coast headquarters, located at 104 Fifth Avenue between 15th and 16th Streets, is already home to over 65 full-time employees – 20 of whom joined Yelp just this past month – and includes local and brand sales executives and a marketing team.

Jeremy Stoppelman ( Co-Founder and CEO, Yelp): New York City is the very embodiment of opportunity.

In May this year, the Mayor and the NYS’s chief digital officer Rachel Sterne unveiled the City’s digital roadmap, a compressive strategy that laid the ground work for tech companies to come to the City, hire New Yorkers and thrive. The report, created in collaboration with numerous City agencies, stakeholders in both the public and private sector and citizens from all five boroughs, unveiled partnerships with a range of social media companies including Facebook, Twitter, Foursquare and Tumblr.

Last year, the City passed Boston in the volume of venture capital investment, and high-tech jobs have grown by 30 per cent in the past five years.

You may also want to read: Stanford University Seeks To Open NYC Campus

 

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Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.