Cyber Monday shoppers expected to set record
Cyber Monday has become the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.
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Rally pitch contest winner secures $5M investment as asthma test awaits approval
MyBiometry, a Massachusetts-based health technology firm that was one of five winners of the Rally IN-Prize pitch contest last year, has secured $5 million in seed funding and hired its first Indiana employees.
Indiana ratepayer advocates hail ‘landmark’ settlement with data centers, utility company
If state regulators approve the settlement, it’ll also apply to new industrial customers with large electric loads.
UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says
The Lebanon City Council on Monday night approved the creation of a tax-increment financing district and performance-based incentives to try to secure a deal with the parent of Facebook and Instagram.
Thousands of Microsoft 365 users report outage issues
Microsoft shared at midday Monday hat it was deploying a fix, but the company later noted that targeted restarts were taking slower than expected for the majority of affected users.
Entek officially receives $1.2B DOE loan for Terre Haute plant
When operational, the facility will produce battery separators for lithium-ion battery manufacturers across the country, primarily for use in electric vehicles.
Sales-tech firm Kennected facing lawsuit from creditor
Ultimo Global Holdings LLC alleges that the company has defaulted on a $1 million promissory note.
New software-industry survey shows signs of optimism amid tech slump
The 2024 SaaS Benchmarks report, released this week by Indianapolis venture studio High Alpha, offers some reasons for optimism in the software-as-a-service sector amidst the ongoing tech slump.
Regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
The proposed breakup filed late Wednesday by the U.S. Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser.
Securing funds for venture capital a top priority for Indiana tech lobby
An expected tight budget cycle could limit how much lawmakers are willing to designate for existing technical investments—never mind additional requests.
Indianapolis entrepreneurs launch AI training firm Pragmatico
Pragmatico, co-founded by Santiago Jaramillo, Rod Feuer and James Paden, offers hands-on workshops to help both beginners and advanced users effectively use AI in their organizations.
AT&T offering $5,000 reward after copper theft causes outages
AT&T said it is collaborating with the Indianapolis Metropolitan Police Department and the Shelby County and Brown County sheriff’s departments to address the issue.
Trump comments have semiconductor chip industry anxious
Comments about the CHIPS and Science Act by President-elect Donald Trump and U.S. House Speaker Mike Johnson before the election have raised questions about whether the president and Congress are fully committed to the law that Indiana is deeply invested in.
Purdue’s inaugural AI summit addresses need for education and training
Purdue’s inaugural AI summit, held Thursday in downtown Indianapolis, was a daylong event focused on AI and its impact on business, academia and the workforce.
Ivy Tech certificate program aims to boost microelectronics skills
The program is part of an ecosystem of higher education institutions ramping up programs to meet the state’s future needs.
High Alpha Innovation helps launch Japan-based venture studio
The U.S. is home to robust startup activity, but that’s not the case in Japan—which is what makes that country appealing for firms like High Alpha Innovation, its managing director said.
Canada orders TikTok’s Canadian business to be dissolved but won’t block app
TikTok faces intensifying scrutiny from Europe and America over security and data privacy. It comes as China and the West are locked in a wider tug of war over technology ranging from spy balloons to computer chips.
Indianapolis-based Remodel Health moves to larger downtown offices after staff doubles in size
The tech-based health care benefits firm has earned spots on three of IBJ’s last four lists of fastest-growing private companies, reporting $14.8 million in 2023 revenue and 122.8% revenue growth from 2021.
Apple sells $46B in iPhones in summer quarter, ending slump
Sales of iPhones rose 6% from the same time last year, ending two consecutive year-over-year declines in the iPhone’s quarterly sales.
Google Maps adds AI features to help users explore, navigate the world
The shift announced Thursday will bring more of the revolutionary AI technology that Google already has been baking into its dominant search engine to the digital maps service that the internet company launched nearly 20 years ago.