Twenty-Four Hours of Hacking Frenzy in Newark Produces Results at First IDT Hackathon

IDT Ventures (Newark) hosted its first Hackathon on April 21-22 at IDT Corporation headquarters, in Newark. And by all accounts, it was a success.


NJEN Comes to Princeton University for “Posters, Pitches & Prizes” Competition

At the New Jersey Entrepreneurial Network meeting on March 29, tech and life science startups displayed posters describing their companies’ technologies. They also pitched to a group of judges for prizes consisting of complimentary provisional patent-application preparation and filing services from the intellectual property law firm of Volpe and Koenig (Philadelphia and Princeton).


IDT Ventures Holds Showcase Pitch Event at Newark Headquarters

On April 23, the incubator IDT Ventures held a pitch event at its headquarters, in Newark, during the company’s first-ever hackathon. Jacob Jonas, director of IDT Ventures, MC'ed the event, and described his company by saying, “Helping immigrant and underbanked communities is one of our primary goals at IDT.”  Many of the startups that presented are businesses geared towards immigrants and immigrant communities, either directly or by virtue of the businesses or business functions they address.


Shake-Up at Synchronoss Sees Founder Waldis Return as CEO

Poor performance at Synchronoss (Bridgewater) after its acquisition of Intralinks (New York) for more than $800 million earlier this year — which saw Ronald Hovsepian become CEO of the company — has led to a shake-up at the company. Hovsepian has now stepped down. Returning to the role of CEO is Stephen Waldis, founder and chairman of the board. Also returning to the company as CFO is Lawrence Irving, the former CFO.


Should We Regulate Big Data and The Internet of Things? Pederson Asks at NJ Big Data Symposium

At the NJ Big Data Alliance Symposium, which took place March 16 at NJIT, a packed room heard talks on everything ranging from analytics in higher education to the use of big data in smart policing. Setting the mood for the event, Jay Pederson, IBM security client executive, asked the question, “Do we need more government regulation of big data and the internet of things?





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