Nextdoor lays off 25% of its full-time staff as neighborhood social network works to cut costs
A spokesperson for the company confirmed that almost 200 employees will be affected by the job cuts announced Tuesday.
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IMPD’s expanding use of tech raises privacy concerns
The department is poised to invest $9 million in COVID-19 recovery funds into cameras and other technology. Some critics are raising privacy and efficacy concerns; others say the city hasn’t adopted the new techniques quickly enough.
Allegion Ventures makes $20M investment into California security-tech startup
The investment sets the stage for collaboration between Allegion and Ambient.ai, whose technology helps customers identify and prevent potential security incidents.
Google CEO defends paying Apple, others to make Google default search engine
In the biggest U.S. antitrust case in a quarter century, the Department of Justice contends that Google—a company whose very name is synonymous with scouring the internet—pays off tech companies to lock out rival search engines to smother competition and innovation.
Biden signs AI executive order, the most expansive regulatory attempt yet
The sprawling effort marks the U.S. government’s most ambitious attempt to spur innovation and address concerns that the burgeoning technology could exacerbate bias, displace workers and undermine national security.
Internet service provider to expand service in rural Indiana counties, hire 200 workers
Mainstream Fiber Networks, based in the Brown Country town of Nashville, says a investment from a New York firm will help bring broadband access to thousands of underserved rural Indiana communities.
Text messaging platform Yourco lands $2M round of seed funding
Yourco’s co-founder and CEO, Brodie Meyer, said the company wasn’t necessarily looking to secure outside funding, but it found the right partner and decided that seed capital could help Yourco grow more quickly.
States sue Meta, claiming its social platforms are addictive, harm children’s mental health
Dozens of states, including Indiana, are suing Meta Platforms Inc. for contributing to the youth mental health crisis by knowingly designing features on Instagram and Facebook that addict children to the platforms.
UPDATE: Feds pick Indiana as biotech hub, putting it in running for millions in funding
The technology hub designation makes Indiana eligible to compete against 30 other designated hubs in hopes of landing up to $70 million in federal funding to implement its program.
Purdue draws international leaders for semiconductor summit
Purdue is hosting the multiday Silicon Summit, which is the latest in a string of activities and announcements the school has been involved in regarding microchips and semiconductors over the past year and a half.
New ed-tech accelerator program offers $100K investments
Equity investments in each of the firms will come from a Butler University philanthropic fund, and the school is currently talking with potential additional investors.
The new phone call etiquette: Text first and never leave a voice mail
The phone etiquete norms change as quickly as the technology, causing some people to feel left behind or confused.
State’s newest public company faces hurdles
Syra Health Corp., a Carmel-based health care services company, raised $5.3 million after expenses in its initial public offering. But it faces a slew of challenges, from winning new customers to launching products and services quickly to stem losses.
Report: Indiana tech firms landed 19 deals worth more than $93.4M last quarter
Echoing national trends, both the number of venture investments into Indiana companies and the total value of those deals declined as compared with last year, the TechPoint report says.
IndyCar takes hybrid testing to its marquee venue in Indianapolis
Indianapolis Motor Speedway reverted to its original purpose Thursday—serving as a test track for new automobile technology. The lessons learned about IndyCar’s new hybrid cars could reverberate throughout next season.
Indiana University, Purdue leaders share goals for Indy campuses
During a forum Thursday hosted by the not-for-profit Indiana Fiscal Policy Institute, officials from IU and Purdue emphasized continuing opportunities for collaboration even as both schools create two independent urban campuses in Indianapolis.
IRS says Microsoft might owe about $29B in back taxes
That figure, which Microsoft disputes, stems from a long-running IRS probe into how Microsoft allocated its profits among countries and jurisdictions in the years 2004 to 2013.
Utah latest state to sue TikTok, alleging it baits children into addictive habits
Indiana and Arkansas have filed similar lawsuits, while the U.S. Supreme Court prepares to decide whether state attempts to regulate social media platforms such as Facebook, X and TikTok violate the Constitution.
With $111M investment, Indiana University betting big on microelectronics
Indiana University is partnering with the Naval Surface Warfare Center, Crane Division, to boost the growth of the microelectronics industry in Indiana.
Purdue launches broadband team to improve internet access in Indiana
The new Purdue Broadband Team, announced Monday, will work with local communities across Indiana to determine where better broadband access is needed and what tools residents and businesses need to deploy internet services.