'New York Times' Closes R&D Ventures

By: Joe Pompeo | Capital New York

The New York Times Company has shuttered R&D Ventures, a spinoff of its in-house technology think tank, the R&D Lab, Capital has learned.

R&D Ventures was conceived in early 2012 as a vehicle for commercializing innovations spawned by the R&D Lab ("research and development"), such as a digital-marketing technology called Ricochet that was introduced last April.