Supreme Court upholds law that could ban TikTok
The court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it’s sold by its China-based parent company.
Technology
Articles
Indianapolis fintech startup Habits lands $1.1M investment
Indianapolis-based Habits Inc., which offers a platform where financial advisers can connect with potential clients, announced this week that it had closed on a $1.1 million round of pre-seed funding.
Biden won’t enforce TikTok ban, official says, leaving fate of app to Trump
President-elect Donald Trump, who once called to ban the app, has since pledged to keep it available in the U.S., though his transition team has not said how they intend to accomplish that.
Trump adviser says president-elect exploring options to ‘preserve’ TikTok
While the Supreme Court is still expected to issue a ruling or order on the case this week, its continued silence has amped up the tension in years-long drama over the fate of TikTok.
CHIPs act to ramp up U.S. semiconductor production, but at a high cost, report finds
The government subsidies behind the expected chip manufacturing boom mean that each job created will cost taxpayers about $185,000 a year–twice the average annual salary of U.S. semiconductor employees, the report found.
With TikTok ban looming, users flock to Chinese app Xiaohongshu
The TikTok alternative is the top downloaded app in the United States.
Biden signs executive order aimed at growing AI infrastructure in U.S.
The order on artificial intelligence seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.
IAC approves plan to spin off company once known as Angie’s List
New York City-based media conglomerate IAC, which acquired Indianapolis-based Angie’s List in 2017, announced Monday that it plans to spin off its ownership stake in the company, which now operates as Angi Inc.
Tech giants who vilified Trump are now giving him millions
After giving sparsely to the presidential inaugurations of Trump in 2017 and Joe Biden in 2021, the country’s biggest tech firms—Amazon, Google, Meta, Microsoft, Uber—have showered the president-elect with gifts or pledges of $1 million each.
Executive director of Bloomington entrepreneurship center The Mill announces departure
“The Mill has significant momentum and I feel great about the foundation I’m leaving for the next leader to build upon,” founding executive director Pat East said in his announcement.
Fishers-based Pierce Aerospace lands $10M federal contract for drone tech
Fishers-based Pierce Aerospace, whose technology allows users to detect, track and identify drones, has secured a $10 million government contract that could set the company up for future growth.
Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
Meta is carrying out the trial after Brussels slapped the company with a penalty of nearly $824 million for what it called “abusive practices” involving Marketplace.
Indianapolis tech startup Stellar lands $2.7M in seed funding
The seed round was oversubscribed, meaning Stellar Technology Services attracted more investor interest than anticipated.
Trump announces $20B data-center investment by Emirati businessman
The promised investment feeds into an existing boom for constructing data centers used in the development of artificial intelligence and expansion of cryptocurrency.
New labels to help people pick devices less at risk of hacking
Smart devices like baby monitors, fitness trackers and internet-connected appliances could soon carry labels certifying that they meet federal cybersecurity standards.
Pentagon to blacklist China’s largest EV battery and tech firms
The Defense Department published a list of firms that it deems to be operating in the United States for, or on behalf of, the Chinese military or that contribute to China’s military buildup.
AI’s next leap requires intimate access to your digital life
Leading AI companies including Google and Microsoft predict that a new generation of digital helpers termed “AI agents” will completely change how people interact with computers.
IEDC, Hoosier startups headed to CES trade show in Las Vegas
The Indiana Economic Development Corp. has selected eight Indiana startups to accompany the organization to CES, the major consumer electronics trade show being held next week in Las Vegas.
In blow to Democrats, federal appeals court strikes down net neutrality
The net neutrality issue revolves around how heavily federal regulators should control the companies that build and operate the internet. Democrats favor heavier oversight along the lines of how traditional telephone networks are regulated, while Republicans have argued for a lighter touch.
Apple to pay $95M to settle lawsuit accusing Siri of eavesdropping
If the settlement is approved, tens of millions of consumers who owned iPhones and other Apple devices from Sept. 17, 2014, through the end of last year could file claims.