Local accounting-tech firm Decimal acquires cloud-based bookkeeping business from KPMG
Decimal, a software-as-a-service firm based in Indianapolis, has acquired the cloud-based bookkeeping business formerly owned by Big Four accounting firm KPMG.
Technology
Articles
Cyber Monday sales on track to break record despite U.S inflation
Shoppers less concerned about COVID-19 returned to stores for more of their shopping, which blunted online sales growth, according to Adobe.
Indianapolis-based tech firm Zylo lands $31.5M investment
The latest investment is the fourth major round of funding for Zylo, which was founded in 2016 and has raised more than $66.5 million to date. The company helps customers manage their software-as-a-service subscriptions.
Purdue, Accenture partner on smart manufacturing
Purdue said the company has committed to provide funding to establish the Accenture Smart Factory on the West Lafayette campus as well as the Accenture Smart Manufacturing Scholars Program.
After record Black Friday, consumers turn to Cyber Monday for more deals
Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales, according to Adobe Analytics, which tracks transactions at over 85 of the top 100 U.S. online stores.
Workers protest, beaten at virus-hit Chinese iPhone factory
Employees at the world’s biggest Apple iPhone factory were beaten and detained in protests over pay amid anti-virus controls, according to witnesses and videos on social media Wednesday, as tensions mount over Chinese efforts to combat a renewed rise in infections.
Semiconductor firms plan to spend $300M, hire nearly 550 at tech campus
The Indiana Economic Development Corp. says the WestGate One campus in Odon will accelerate the re-shoring of semiconductor research and manufacturing in the U.S.
Steve Braun, former state commissioner of workforce development, dies at 63
Steve Braun represented Indiana House District 24, which includes parts of Boone and Hamilton counties, from 2012 to 2014 before being appointed commissioner of the Indiana Department of Workforce Development by Gov. Mike Pence.
Community Health warning patients of data breach
The health network said Friday that information from users of its web site and its My Chart patient portal might have been transmitted to website-tracking technology vendors such as Facebook and Google.
Heartland Ventures closes $52M investment fund
The Ohio-based venture firm, which gets its funding from Indiana and Ohio companies, invests in tech startups developing products that can benefit those Midwestern investors.
Hundreds said to have opted to leave Twitter over Musk ultimatum
Hundreds of Twitter employees refused Thursday to sign a pledge to work longer hours, threatening the site’s ability to keep operating and prompting hurried debates among managers over who should be asked to return, current and former employees said.
Indianapolis-based franchising-tech firm Woven Brands lands $1.5M investment
Established in 2017, Woven Brands had been self-funded until now. The company’s software platform helps franchisee operators and multi-unit independent operators more easily manage their staff and operations.
Eleven Fifty coding school in financial straits, seeking new operator
Eleven Fifty co-founder Scott Jones said the school is negotiating with bidders to take over operations.
Google reaches record $392M privacy settlement over location data
The investigation centered allegations of misleading and deceptive tactics regarding users’ location data.
Battle over the iPhone app store spills into appeals court
The high-stakes battle involve a setup that generates an estimated $15 billion to $20 billion for Apple every year, which has helped lift its market value to nearly $2.4 trillion.
FTX bankruptcy also endangers founder’s philanthropic pledges
The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the tens of millions of dollars in financial pledges and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement.
Fishers tech startup Docket winds down operations, staff joins Zoom
Docket, which launched in 2019, wrapped up its operations in September after the meetings-platform company Zoom hired its team. In 2020, Docket had won Zoom’s annual “Whale Watch” competition, scoring a $1.25 million venture investment as a result.
Twitter deals with users impersonating major companies—including Eli Lilly
A Twitter user posing as Indianapolis-based Eli Lilly falsely tweeted that insulin was now free, prompting an apology from the actual company.
Musk seeks to reassure advertisers on Twitter after chaos
The latest erratic move on the minds of major advertisers—that the company depends on for revenue—was Musk’s decision to abolish a new “official” label on high-profile Twitter accounts just hours after introducing it.
Meta laying off 11,000 as tech industry slashes jobs
The layoffs mark a tumultuous new period in Silicon Valley, as tech giants long known as bastions of economic power and recession-proof have shed huge numbers of workers in recent weeks.