Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
CA sues California start-up on patent infringement
Photo credit: Kevin P. Coughlin, 2012
CA Technologies has filed a patent infringement lawsuit against a San Francisco start-up founded by a former employee of the Long Island software maker.
The suit, filed the suit in federal court in Islip, alleges that AppDynamics Inc., infringed three patents that CA acquired when it bought Wily Technology in 2006 for $375 million. AppDynamics’s founder, Jyoti Bansal, previously worked for...
Read more »Consumer confidence dips on LI
Consumer confidence on Long Island dropped in the first three months of the year compared with late 2012.
The Siena College Research Institute Wednesday reported its confidence index for Nassau and Suffolk counties was 72.6 points in the January-March period, down 1 point from the October to December 2012 period.
Superstorm Sandy hit the region on Oct. 29.
The index was 73.1 points...
Read more »A networking event for start-up companies
More than 220 attendees are expected at an event geared toward helping the Long Island start-up community get more “connected,” said the Suffolk County Industrial Development Agency, which is hosting the event.
Called Start-up Connect, the event will take place from 6 to 8 p.m. Wednesday at the Paramount in Huntington.
During the event, different types of participants -- such as start-up...
Read more »Cuomo urges mortgage banks to revamp guidelines
Photo credit: Getty Images
Gov. Andrew M. Cuomo is urging finance giants Fannie Mae and Freddie Mac to ease their guidelines requiring homeowners to make large lump mortgage payments after being granted grace periods in the wake of superstorm Sandy.
In the weeks after the storm, most major banks told Sandy victims they could skip mortgage payments for up to six months without penalty. But under Fannie and Freddie's...
Read more »Summer program at LaunchPad LI
LaunchPad Long Island is now taking applications for a competitive start-up accelerator program this summer in its Mineola co-working space.
Six start-up companies will be selected to participate in the eight-week accelerator program, which aims to increase the companies pace of growth and maturation. Participants will receive free office space in LaunchPad, a weekly stipend, mentorship...
Read more »Equal pay chat today on Twitter
Tuesday is National Equal Pay Day, and the EEOC plans to mark the occasion by participating in a Twitter chat from 1 to 2 p.m. to answer questions about pay disparities between men and women.
National Equal Pay Day highlights how far into the current year women have to work to catch up with what men earned in 2012. Women earn just 77 percent of what men earn, according to the most recent data.
The...
Read more »FalconStor names Gary Quinn executive VP, chief operating officer
Photo credit: Handout, 2012
FalconStor Software Inc., a computer data storage company based in Melville, has named Gary Quinn executive vice president and chief operating officer.
Quinn, 52, will oversee FalconStor’s global support operations, including sales and marketing and product support. He was previously the company’s vice president of sales and marketing. Quinn joined FalconStor last year and previously spent...
Read more »Poll: Do you play less golf than you did 5 years ago?
Photo credit: Randee Daddona
The business of golf is shrinking on Long Island. The number of courses is down to 269, from 279 in 2004, according to the National Golf Foundation, and the number of rounds played has dropped substantially over the past 15 years.
Officials cite a variety of factors, including the weak economy and changing lifestyles that mean many people have less time for the game than they used to....
Read more »EGC Group presents LI's second "digital summit"
Photo credit: Newsday, 2010 / J. Conrad Williams Jr.
The Island’s largest web, social media and digital marketing conference bringing together some top local and national industry thought leaders will be held Tuesday at the Crest Hollow Country Club in Woodbury.
The second annual Long Island Digital Summit being presented by EGC Group in association with 1-800-Flowers.com, is expected to draw at least 400 attendees.
“Last year was a huge...
Read more »LI law firm holds donation contest in centennial celebration
The law firm of Davidow, Davidow, Siegel & Stern started a hundred years ago in Patchogue. Two generations of lawyers later, the firm, now based in Islandia, is marking its centennial anniversary by giving back to the local community.
The law firm -- which specializes in elder law, estate planning and special needs law -- will donate $5,000 to each of three Long Island...
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