Tech seed fund relaunching with new management
Three new managing partners are bringing Gravity Ventures back to life and aim to have its new fund deployed within 18 months.
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Democrats question promises in proposed $26.5B T-Mobile-Sprint deal
U.S. Democratic lawmakers challenged top executives of T-Mobile and Sprint on Wednesday over their pledge not to raise prices for wireless services or hurt competition if their $26.5 billion merger goes through.
After months of hints, David Simon to roll out new business unit
The CEO of Simon Property Group says the company's "fifth platform" will leverage its huge customer base—its more than 220 properties draw more than 100 million customers who make 2 billion visits a year.
Northern Indiana wheelchair accessory maker to move HQ to Carmel
Winamac-based BraunAbility plans a $7.5 million expansion project that includes moving its headquarters to Carmel and building a new research and technology center.
Local recruiting software firm Canvas acquired by California company
Canvas Talent Inc. will continue to operate as an independent business unit in Indianapolis, and company officials said they expect the number of employees to grow significantly because of the acquisition.
Trump calls for investment in artificial intelligence
President Donald Trump has signed an executive order directing federal agencies to prioritize research and development in artificial intelligence.
Carmel-based software firm acquired in $32M deal
Determine Inc., a 23-year-old publicly traded software company that has yet to turn an annual profit, is set to be acquired by a New Jersey-based company.
Facing opposition, Amazon reconsiders NY headquarters site, two officials say
It’s unclear what Amazon might consider as a Plan B if the New York project falls through.
Amazon’s Bezos: Enquirer threatened to publish revealing pics
Amazon CEO Jeff Bezos says he was the target of “extortion and blackmail” by the publisher of the National Enquirer, which he said threatened to publish revealing personal photos of him unless he stopped investigating how the tabloid obtained his private exchanges with his mistress.
Purdue looks for commercial opportunities for firefighting robot
Purdue University researchers say they have developed a robot that can go where it is unsafe for human firefighters to tread, ultimately saving firefighters’ lives as well as members of the public and their property.
Apple replaces Indiana native in charge of retail operations
Angela Ahrendts, who was born and raised in New Palestine in Hancock County and received her undergraduate merchandising and marketing degree from Ball State University, spent five years overseeing Apple's 506 retail stores and e-commerce operations.
Amazon has another ‘Prime’ holiday as profit tops $3 billion
Amazon saw revenue grow across many of its businesses, including online shopping, advertising and cloud computing.
Fishers IoT Lab nearly maxed out in less than a year
The Indiana IoT Lab in Fishers has fast become an oasis for tech firms big and small, as well as freelancers helping companies turn their ideas about internet-connected devices into products.
Apple busts Facebook for distributing data-sucking app
Apple says Facebook can no longer distribute an app that paid users, including teenagers, to extensively track their phone and web use.
Noblesville firm with funny name making mark with unique cell phone cases
Scooch over OtterBox? An upstart Hoosier firm is intent on grabbing a share of the cell phone case market with innovative features. Already, the nine-employee company has grown revenue to nearly $6 million in four years.
Foxconn’s plan for giant Wisconsin factory now looks uncertain
The prominent supplier for Apple and other electronics-makers says it’s scrapping plans to build a giant new factory in Wisconsin, opting to hire American engineers and researchers instead of a promised fleet of blue-collar workers.
Apple opens new chapter amid weakening iPhone demand
CEO Tim Cook is grappling with his toughest challenge since replacing co-founder Steve Jobs seven-plus years ago. Even as he tries to boost iPhone sales, Cook also must prove that Apple can still thrive even if demand doesn't rebound.
Carmel software firm plans to expand, add 50 employees
Software company Tendly LLC, which began doing business under the name MomentPath in November, expects to move into a larger office space as part of the expansion plan.
Tech lobbying group focusing on talent, capital, place at Indiana Legislature
The goals for the Indiana Technology and Innovation Association—which includes members from more than 100 companies, from startups to major players such as Salesforce and AT&T—boil down to getting more high-skill workers here and finding more venture capital dollars for companies.
Scott Jones is back in town determined to make his mark—again
After nearly four years away from Indiana, local tech luminary Scott Jones has returned to central Indiana. And he’s returned with gusto, supercharging Eleven Fifty Academy and helping advance a life-sciences company he says can “transform medicine on multiple fronts.”