The Big Apple as a Tech Hub: BetaWorks to Open Collaboration Space for Techies
BetaWorks, a start-up platform responsible for internet companies such as Giphy, is introducing a brand new business. BetaWorks Studios, a membership club for builders, is offering entrepreneurs and creatives the space to work on their projects. John Borthwick, CEO of BetaWorks, and Daphne Kwon, BetaWorks Studios COO and President, joined us to break down the companies new venture.
John explained that entrepreneurs, as well as creatives and freelancers, will be able to collaborate in the new Studios tech hub. They aren't the only game in town, however. SoHo House, a competitor, operates down the block and offers an annual membership with access to 18 locations. Borthwick said their incubator will be better because of the deep expertise within the BetaWorks network, which has helped bring internet companies such as Giphy to life.
The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.
The company that owned a submersible that imploded on its way to explore the wreck of the Titanic, killing all five onboard, said Thursday it has suspended operations.
JetBlue says it will end a partnership with American Airlines in the Northeast after losing a court fight over the deal, and will instead focus on salvaging its proposed purchase of Spirit Airlines.