Amazon warehouse workers lose bonuses, stock awards as they get raises
The online retailer upped its minimum wage to $15 and raised other warehouse wages by $1 per hour, but employees learned Wednesday that there’s a tradeoff.
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Fishers technology services company acquires Carmel-based competitor
Technology companies Ultimate Automation and Electronic Evolutions have merged to form Ultimate Technologies Group, which will be headquartered in the Fishers Nickel Plate District.
IBJ Podcast: How an IU student turned her beekeeping hobby into a star startup
Ellie Symes, CEO of The Bee Corp., talks with host Mason King about being a young entrepreneur, taking risks and pivoting when you have to to make your company stronger.
Facebook says 50M user accounts affected by security breach
The attackers gained the ability to "seize control" of those user accounts, Facebook said, by stealing digital keys the company uses to keep users logged in.
Purdue professor, son want to make you healthier with orange corn
Professor Torbert’s Orange Corn has been bred to include more carotenoids, a set of key nutrients that provide color to vegetables and plants and help protect the eyes.
Pacers, Salesforce team up to engage fans with customized data, marketing
The two organizations said Thursday they will use artificial intelligence and cloud technology to analyze fan behavior and respond with more customized email and social media engagement.
Five firms selected for tech accelerator’s fall class
Nationally ranked firm Gener8tor has announced the five participants for its gBeta Indy fall class. They range from a company automating emotion recognition for user experience researchers to a consumer app for organizing, editing, and sharing milestone baby photos.
Tech firm Sigstr secures $4 million growth capital investment
The investment round was led by Edison Partners. Funds will be used to advance new product development and enterprise market adoption, Sigstr officials said.
Local tech firm Emplify lands $7.5 million in venture capital
It’s the first round of growth capital secured by the company, which focuses on human resources-related software-as-a-service products.
Hc1.com dives deeper into opioid data, precision care
The Indianapolis medical-software firm recently raised $10 million in venture funding and is launching two major products in one month.
Bigger, pricier iPhone expected to be revealed Wednesday
Apple is expected to showcase three new iPhones on Wednesday, including its biggest and most expensive model yet, as the company seeks to widen the product's appeal amid slowing sales.
Verizon ready to roll out 5G internet, TV service in Indy, 3 other cities
Verizon is in a race with AT&T Inc. to introduce the first 5G wireless service—a standard that promises connection speeds between 10 and 100 times faster than today’s cable.
State signs $77M contract to upgrade tax administration technology
The Department of Revenue will install and implement the new technology over four years, modernizing a system that has been in use for more than 25 years.
Amazon becomes second U.S. company to reach $1T market value
Amazon’s stock rose 1.7 percent in morning trading, putting its market value at just over $1 trillion.
Heavyweight venture capitalists headed to local TechPoint event
Forty venture capitalists from 12 states will descend on Indianapolis Sept. 12 and 13 to network and hear pitches from some of the region’s most promising young tech companies.
Microsoft to contractors: Give new parents paid leave
Microsoft said Thursday that it will begin requiring its contractors to offer their U.S. employees paid leave to care for a new child.
Apple to expand iPhone X design with new colors, big screens
The world’s most valuable company plans to launch three new phones soon that keep the edge-to-edge screen design of last year’s flagship, according to people familiar with the matter.
Codelicious nearly doubles its fundraising goal as schools sign up for its cloud-based curriculum
Codelicious co-founders Christine McDonnell and Erik Young have bootstrapped the company since it launched development of its software-as-a-service-based science curriculum for elementary and middle school students in 2016. With 10 school systems as clients and a growing demand for its product, Codelicious is prepared to venture beyond Indiana.
Salesforce proposing massive expansion in Chicago, 5,000 jobs
Software giant Salesforce.com Inc., which in 2016 announced big plans to expand its operations in Indianapolis, appears to have even bigger plans for Chicago.
Amazon in running to buy cinema chain with two north-side Indy theaters
The e-commerce giant hopes to make another incursion into the physical world of the consumer experience by acquiring Landmark Theaters.