New York is walking tall in technology once again, it was evident, in a trip to New York last month.
This year the city secured its latest banner transaction, with micro-blogging website Tumblr, selling to US-based search engine Yahoo for $990m. Rich Nelson, of Nielsen, said: “The Yahoo acquisition of Tumblr reinvigorated both the entrepreneurial community as well as the investment community, with both realising that New York City has the capability to create large successful companies that can rival companies founded anywhere else.”
The feeling in the…
