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Thomson Reuters, the U.K.-based news service, released News Pro today, a new application for the iPhone, iPod touch, and Blackberry that gives users easy, almost real-time access to Reuters' news wire. We spent some time with the iPhone version of the application today (iTunes link), and while we like the fact that the app gives us easy access to a lot of great content, the application itself could use a lot of polishing, especially when compared to some of its closest competitors from the Associated Press (iTunes link) and Bloomberg (iTunes link).

Last night at a reception to kick off New York's Internet Week held at Gracie Mansion, the official residence of the mayor of New York City, Mayor Michael Bloomberg announced NYC Seed, a seed-stage technology fund for NYC-based companies that seek to "express their original ideas through software and web-oriented technologies." Bloomberg, who is made his fortune as the founder of the Bloomberg financial news and data company, has said in the past that he intends to turn New York into a hub for tech innovation. "My company never would have been remotely as successful if we had tried to put it in any other city," he told reporters gathered at his mansion according to CNET.