IDT Corp. is Incubating Tech Startups in Newark
Almost everyone who arrives in Newark via Interstate 280 can spot the IDT building at 520 Broad St. from the elevated road. It’s the building with a big bold IDT logo on top. When most folks think of IDT, they remember its days as one of the first VoIP companies. In the early 2000s, it owned a successful company called Net2Phone that specialized in international discount telecommunications. IDT sold that company for over $1 billion.
NJ TECH CORNER: Innodata
Innodata (NASDAQ: INOD) is a global digital services and solutions company. Its technology and services power information products and online retail destinations. Innodata's solutions help enterprises harness the power of digital data to re-imagine how to operate and drive performance.
At Scarlet Startups, VC Brett Topche Discusses Fascinating Story Behind Jet
Undeniably, the biggest startup story in New Jersey in 2016 happened in August, when Walmart agreed to acquire Jet, the Hoboken-based e-commerce site for $3.3 billion. It may have been the biggest e-commerce exit in history, according to Brett Topche, whose firm, Mentor Tech Ventures, now known as Red and Blue Ventures, had invested in the deal.
From Don Katz, CEO of Audible: Embracing the Comeback of a Great American City through Tech
In 2017, Audible will celebrate 10 years since we set up our world headquarters here in Newark. We decided to embrace the comeback of a great American city as a defining cultural principle for the company, because I’ve long believed companies can have hearts and souls and missions that transcend financial gain.
South Jersey Inches Closer to Better Phone Service, High-Speed Internet
Richard Mroz, president of the state Board of Public Utilities The new year may bring some long-sought improvements to phone and Internet service for more than a dozen South Jersey communities. For the past couple of years, 16 communities have been pressing telecom giant Verizon to upgrade problem-plagued phone service and Internet connectivity in Cumberland and…