ADIEU FIRST DATA: Credit card processor First Data Corp. plans to shutter its Melville operation and move hundreds of workers to “a large new office east of Manhattan.” Innovate LI can confirm that it’s Long Island City. From Newsday’s corporate departure hawk Carrie Mason-Draffen
A PALL OF UNCERTAINTY: Shares of Port Washington-based filter maker Pall Corp. jumped after The Wall Street Journal reported the company has offered to sell itself to Massachusetts’ Thermo Fisher Scientific or DC’s Danaher, where Pall’s current CEO worked as a top executive. Pall is LI’s second-largest company. For now.
HOUSING SUPPORT: The state is doling out $141 million for dozens of affordable housing projects, including one on Long Island, where young people want cool, cheap places to live. Unfortunately, the state-funded project is in Riverhead. Innovate
VISIT US: Between newsletters, check out breaking news at InnovateLI.com. And please don’t forget to like us on Facebook.
ASCEND, INSERT FOOT: Newly minted NY Senate majority leader John Flanagan weighed in on climate change in a radio interview, suggesting this year’s cold winter was enough to make one question whether the planet is warming. When questioned on the scientific merits of that thinking, Flanagan said he needed to check with his staff. Capital NY
TGIW: A good midweek everyone and a special welcome to new readers. Don’t forget to send tips, news, ideas, calendar items, releases, promotions, job postings, criticisms and corrections to email@example.com.
INK B GONE INC: The tattoo removal industry grew almost 450 percent over the last decade as aging hipsters rethought some of their earlier indiscretions at the parlor. And that’s despite the procedures involved, which are time consuming, expensive and rarely completely successful. Did we mention painful? No worries. Stony Brook med student Joseph Miccio has an answer. Innovate LI
BUILDING A BETTER BURGER: Cluck ‘n Moo, an innovative substitute for the classic beef patty that introduces lean poultry to the mix, is ready to take wing. Or is that hoof? Doesn’t matter – the product is already a hit in retail stores, and meatballs and sausage are coming soon. Founder Steve Gold just needs $750K to help spread the word. Innovate LI
Not especially related: Yale scientists have genetically engineered a chicken with the snout of a Velociraptor. This was not a shot at creating a real life Jurassic Park, they said, but a reverse evolution experiment to see how chickens evolved from dinosaurs. Up next: a buffalo wing the size of a pterodactyl. Just kidding. Evolution via BI
CHEF IN A BOX: Blue Apron, the fast-growing firm that ships ready-to-prepare meals to busy Gothamites, is seeking to raise an additional $100 million, which would give the firm a valuation of around $2 billion. Fidelity is reportedly interested. Make room for one more unicorn! Re/Code
IT WAS ONLY A MATTER OF TIME: There’s an app to run your food delivery, your laundry service, your ride sharing – but how about an app to run all those apps? Meet Hello Alfred, a new service that coordinates all your on-demand digital help and even learns how often you go through a carton of milk. That’s gotta be helpful. TCD
LIKE THIS? Please pass along a good thing to a friend or colleague. Forward this newsletter and encourage your crowd to sign up here.
MAKE ROOM, PLEASE: Overcrowded New Yorkers are bristling at Mayor Bill de Blasio’s plan to shoehorn in more affordable housing, but the facts belie the fears. New York City actually has 350,000 fewer residents than it did in 1950. And the MTA, by way of comparison, increased ridership to 1.75 billion trips last year. Or 12.5 percent fewer than the record of 1947. Crain’s Greg David on why more density is a must.
ALL THAT AND ARIANNA HUFFINGTON: Verizon has agreed to buy AOL for $4.4 billion. The deal includes more than 2 million AOL subscribers who are still using dialup. Honest. We know one of them. Quartz
CAN’T BLAME ‘EM: Cablevision reportedly has dropped its $1 offer for the Daily News.
CORD CUTTING CONTINUES: The first quarter, always one of the strongest times for cable and other pay-TV providers, wasn’t this year, as the industry reported a first-ever loss of subscribers in Q1. The drop was tiny – a mere 31,000 subscribers – but it adds momentum to declines over the past several months. This streaming video thing is apparently for real. CNY
ATTENTION JOHN FLANAGAN: Despite the growing popularity of gluten-free diets in the United States, wheat demand is expected to grow by 60 percent over the next 35 years. And, yes, there’s a problem: The warming climate is expected to drive down harvest yields. The study, from the Proceedings of the National Academy of Sciences, suggests a 2-degree temperature increase would reduce Kansas yields by as much as 15 percent. That’s Celsius, but still. WP
BELOW THE FOLD
NOW THERE’S A NICHE: With 3,000 tons of space junk orbiting Earth, scientists understandably need a dedicated publication to keep up with it all. Orbital Debris Quarterly News is just the thing. Produced by NASA, the current edition headlines a recent “breakup event” involving 1995-015A, a Pentagon meteorological satellite that devolved into a spectacular debris cloud.
And: Japanese scientists are pitching a laser cannon for the International Space Station that could be used to zap debris and stray asteroids. Big fears about how else it might be used, however. Wired.
FINALLY: Sales are booming for Florida’s SynDaver Labs following a Shark Tank pitch for the firm’s top product, a synthetic cadaver so real its pupils dilate when exposed to light. The faux bodies aren’t cheap – some models go for as much as $100,000 – but they come complete with everything you need for surgical training, including skin, fat, fascia planes, bones, muscles, tendons and functioning circulatory and respiratory systems. SynDaver got $3 million from the Sharks, BTW. Watch the episode here with your Optimum sign in.
A REMINDER: There’s no such thing as “free” news. Please support our sponsors.
Compiled by firstname.lastname@example.org