TG it’s F: A happy Friday, everybody, and if you’re looking for a warm thought to combat this polar vortex business, remember this: The days start getting longer in less than a week. 5:44 a.m. on Thursday, to be exact.
In the interim, may we suggest an Old Fashioned? In the 1800s, it was America’s favorite morning drink. (Because it’s always 5 a.m. somewhere.)
Jobs: The number of private sector jobs on Long Island increased over the year by 14,300, or 1.3 percent, to 1,141,200 in November 2016. That’s in line with state job growth and a bit behind the national rate of 1.7 percent.
To life, to life, l’chaim: On the heels of Gov. Cuomo’s promise to pump $650 million into the state’s life sciences sector, NYC has announced plans to pony up $500 million more.
Gray matters: Stony Brook University received a $1 million grant to expand learning opportunities for retirees, which the university refers to as “seasoned adults.” Recent classes have included Intermediate Latin, History of England and Quantum Weirdness.
Why don ‘t you stay: Suffolk County’s IDA has offered L-3 Communications Corp. $1.5 million in tax breaks in hopes the firm won’t move to Jersey, shedding 142 local jobs.
Earlier: The governor was at JFK to help groundbreak a plan to turn the historic TWA terminal into a 500-room hotel with 50,000 feet of convention space. The full monty on video here. (Cuomo enters at 16:55.)
Design notes: The “head house” of the terminal was imagined by Finnish architect Eero Saarinen, also known for the womb chair and St. Louis’ Gateway Arch.
Next-gen street lights, among other projects: Smithtown was named NYSERDA’s first Clean Energy Community on Long Island.
Cash flow 101 – Best to get some: NYIT and LICA kick off their 2017 entrepreneur education series on Jan. 12 with a session on accounting and cash flow.
Also: Our winter Tech Together event is Jan. 10, 5:30 p.m. onward, Jewel in Melville, free apps, BYOB. Let us know you’re coming.
Other stuff we’re going to: More of the Innovate calendar is here.
ON THE SITE
Applied DNA Sciences is taking the grand out of grand theft auto.
The state is offering 5,100 kilowatts of low cost power to 11 Long Island companies that promise to create 400+ jobs and what the state said was $78 million in capital improvements.
The Center for Biotechnology at SBU was awarded a $500,000 challenge grant from the Commerce Department.
A Stony Brook tech firm with a hard-science history is tracking dark data’s “unknown unknowns,” helping enterprise administrators control complex and rapidly changing IT environments.
About our sponsor: AVZ is a premier, full-service accounting firm with offices in Hauppauge and NYC and a philosophy that the client always comes first. From accounting and auditing to taxation and wealth management, the firm pledges to be an integral part of your team, to offer a close committed relationship, financial imagination and unparalleled excellence to assist you in attaining your goals. To learn more.
Recent local fundings: Online wedding registry Zola landed $25 million in series B money; Splash, the event marketing platform, raised $7 million; Socure, a digital personal verification tool, brought in $13 million.
Truthiness: Facebook said on Thursday that it had begun introducing a series of experiments to keep misinformation and false articles from being disseminated across its site. (Don’t worry. You can continue to post lies about your personal life.)
Bowie’s at No. 13: NPR’s top 100 songs of 2016.
Missed a newsletter? A whole bunch are archived here.
Missed the boat on sponsoring? Climb aboard. We need your support to keep this baby going.
Charge d’affairs: Infidelity site Ashley Madison has agreed to pay the Federal Trade Commission $1.6 million to settle charges that it used lax online security and created fake female profiles to lure male customers. The charges followed a 2015 hack of the site, following which the names, credit info and sexual predilections of 36 million customers were made public.
Flagging demand: Venture capitalists have cooled on the once-hot on-demand delivery sector.
Plus: Food delivery startups are consolidating in the UK and Canada.
Sorta related: Alcohol delivery platform goBooze is expanding.
Knot a problem: Silicon Valley CEOs are a notoriously casual lot, but only venture capitalist Peter Thiel showed up tieless at Wednesday’s tech summit with the President Elect. (Not counting Sheryl Sandberg, Safra Catz, Ginni Rometty and Ivanka.)
And interestingly: Elon Musk, who reportedly planned to skip the meeting, not only attended but agreed to join Mr. Trump’s biz advisory board.
Just like mom’s: The number of people reported sick after eating Thanksgiving dinner at the Golden Ponds Restaurant outside Rochester has climbed to 260.
A reminder: There’s really no such thing as “free” news. Please support awesome firms like AVZ.
And don’t forget: AVZ’s forecast breakfast, revealing the results of its annual economic survey, Jan. 5, 8 a.m., Crest Hollow.
Did we mention liking us on Facebook? Or LinkedIn? Pinterest even? Want to sponsor? We PayPal.
Compiled by John Kominicki. Thanks for reading.