Princeton-based Miami International Holdings Strongly Refutes Nasdaq Law Suit Claims
Last week, Nasdaq (New York) sued Miami International Holdings Inc. (Princeton) for allegedly infringing patents and stealing trade secrets. Thomas P. Gallagher, chairman and CEO of MIH, countered back, calling the lawsuit “frivolous” and repeatedly called the larger, more established exchange a “bully.” In a statement issued on Sept. 1, Gallagher said, "We believe that NASDAQ's complaint is nothing more than a feeble attempt to stifle innovation by a smaller company that has had tremendous success over the past five years."
Security Automation Key to Staying Ahead of Threats, IDT’s Ben-Oni Says
Golan Ben-Oni, CIO of IDT (Newark), spoke at the Amazon Web Services (AWS) Loft in New York on August 23 about how IDT secures its computers and cloud, and about the NSA EternalBlue hack in April of IDT's servers. “Automation is the only way we can stay ahead of the emerging threat landscape. Security automation is achievable,” he said.
Creative Agency By & Large Says Partnering with New Jersey Companies Makes Sense
Partnering with other New Jersey specialists and working with New Jersey companies has been a ticket to success for digital agency By & Large, as it brings its New York vibe to Monmouth County.
Billtrust Staying in NJ; Expects to Add 200 New Jobs
Soon after it was approved for $12 million in Grow NJ assistance by the board of the New Jersey Economic Development Authority (EDA), payment-management company Billtrust (Hamilton) announced that it would be moving to Lawrenceville. The $12 million, in the form of tax credits, will be parceled out in $1.2 million increments over a 10-year period.
NJ TECH CORNER: Wireless Telecom Group, Inc.
Wireless Telecom Group, Inc. (NYSE: WTT), comprised of Boonton Electronics, CommAgility, Microlab and Noisecom, is a global designer and manufacturer of advanced RF and microwave components, modules, systems and instruments.