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Study says New York has jumped ahead of Boston in high-tech start-up companies

Boston Globe

First finance, then sports. What next, the high-tech business, too?

New York has long dominated Boston in the financial industry and on certain sports fields. Now a new study suggests the Big Apple is making a raid on the Hub’s home turf by becoming a hot spot for tech start-ups.

New York ranked fourth, ahead of Boston, in a new study rating regions around the world based on the amount of start-up activity this year. In New York, it found, a growing number of software companies are making money faster and creating jobs quickly.

The study, scheduled to be released Tuesday, was issued by Startup Genome, a San Francisco company that conducts research on start-up businesses, and the giant Spanish telecom Telefonica, a company that acquires a lot of start-ups.

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