Steve Brill’s Clear Card Gets Grounded

A system to speed elite travelers through airports shuts down after four years and $116 million. Its failure will rub some shine off a couple of well-known media types: The entrepreneur behind Court TV and some of the primary investors behind Twitter.
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Silicon Alley vs. Silicon Valley

Silicon Valley may be the place to be for Internet startups, but New York is the birthplace of cool, an attribute that comes in handy for launching some tech companies.