Semiconductor chip maker plans $3.9B plant, up to 800 jobs in Indiana
In return, the state is offering an incentive package of almost $700 million, making it the largest economic development deal in Indiana history.
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Major economic development announcement set for Purdue
No specific details have been disclosed, but Gov. Eric Holcomb, Indiana Secretary of Commerce David Rosenberg and Sen. Todd Young (R-Ind.) are expected to join Purdue President Mung Chiang for the announcement.
Scathing federal report rips Microsoft for shoddy security, insincerity in response to Chinese hack
The Cyber Safety Review Board describes shoddy cybersecurity practices, a lax corporate culture and a lack of sincerity about the company’s knowledge of the targeted breach, which affected multiple U.S. agencies that deal with China.
Google to purge billions of files containing personal data in settlement of Chrome privacy case
The massive housecleaning comes as part of a settlement in a lawsuit accusing the search giant of illegal surveillance.
AT&T says data breach leaked millions of customers’ information online
AT&T said that a dataset found on the “dark web” contains information including some Social Security numbers and passcodes for about 7.6 million current account holders and 65.4 million former account holders.
Gmail revolutionized email 20 years ago. People thought it was a joke.
Besides the quantum leap in storage, Gmail also came equipped with Google’s search technology so users could quickly retrieve a tidbit from an old email, photo or other personal information stored on the service.
Retro arcade and tech training academy to partner up at Circle Centre
Gameplay at Circle Centre Mall’s Video Game Palooza Charity Arcade is helping to fund scholarships for Hope Training Academy.
Online marketing firm Pneuma planning to relocate from Denver to Fishers
Online marketing firm Pneuma Media LLC plans to hire 26 people over the next five years, the company announced Tuesday.
Shares in Trump’s social media company soar nearly 50% in first day on Nasdaq
Before trading began, Trump Media had a market value of about $6.8 billion, a figure that will rise significantly if the early gains in the shares hold.
Big brands could pivot easily if TikTok goes away. For small businesses, it’s another story.
Big brands that have relied on TikTok to reach younger consumers do not appear to be panicking as they wait to see what happens in Washington. But they also have started planning.
Business personality Marcus Lemonis to speak at 2024 Rally conference
Rally, which debuted last year, is designed to bring together entrepreneurs, investors, policymakers and educators from a variety of business sectors.
Ireland-based startup Wiistream to establish U.S. HQ in Indianapolis
Wiistream’s introduction to Indianapolis came last year via One-Zero, a sports tech conference that takes place twice a year: in Dublin, Ireland, in the spring and in Indianapolis in the fall.
Apple has kept illegal monopoly over smartphones, Justice Department says in suit
The Justice Department on Thursday announced a sweeping antitrust lawsuit that alleges Apple has monopoly power in the smartphone market and uses its control over the iPhone to “engage in a broad, sustained, and illegal course of conduct.”
Fishers-based Membershine planning to add 61 jobs
Membershine, which launched in 2020, offers an online platform for membership-based groups such as homeowners associations.
McDonald’s apologizes for global system outage that shut down some stores for hours
The company said the outage was caused by a third-party technology provider and was not a cybersecurity issue.
After TikTok bill sails through House, Senators pump brakes
If the measure were to pass this month, TikTok’s Chinese parent company would be forced to sell the app by September, two months before voters head to the ballot box—and Democrats are reliant upon young voters to goose turnout in key swing districts.
Local tech exec John McDonald takes new job in Oklahoma
Local tech executive John McDonald took a new full-time job this month at the Tulsa Innovation Labs in Oklahoma, but he said he still plans to remain connected to Next Studios, the innovation studio he co-founded in 2020.
Honda, Nissan agree to work together in developing electric vehicles, intelligent technology
Japanese automakers have fallen behind rivals such as Tesla of the U.S. and BYD of China in developing EVs, partly because they have historically been so successful with combustion engine vehicles.
Law regulating AI usage in elections takes effect
The law requires that candidates include a disclaimer when a political ad includes the use of generative AI, and it creates a path for legal action when candidates believe they are misrepresented.
U.S. House passes bill that would lead to TikTok ban if Chinese owner doesn’t sell
By targeting TikTok, lawmakers are singling out a platform popular with millions of people, many of whom skew younger, just months before an election.