Meta expected to lay off thousands amid broader tech slowdown, report says
The industry’s job cuts come as tech firms warn of recession risk and race to cut costs after pandemic-era hiring binges.
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Apple says iPhone supplies hurt by anti-virus curbs in China
Apple Inc. is warning customers they’ll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor’s factory in central China.
IU researchers developing virtual-reality tool to treat substance abuse
The high-tech approach allows a patient recovering from substance abuse to interact with potential future versions of himself or herself.
Noblesville leaders expand scope of planned Innovation Mile
City leaders expect a stretch of undeveloped agricultural land on the city’s southeast side to become Hamilton County’s next epicenter of innovation.
Business accelerator Gener8tor announces members of latest cohort for agbioscience accelerator
This year’s cohort for Gener8tor’s gBETA agbioscience accelerator includes companies working in everything from cold storage to aquaculture. The program wraps up later this month.
Carmel-based KAR announces 300-plus job cuts amid belt-tightening moves
Eliminating the back-office jobs in the U.S. and Canada and moving the functions overseas is expected to result in cost savings of more than $10 million per year, according to the auto auction firm.
Hobby learning tech company planning to add 300 jobs
Indianapolis-based Combined Curiosity LLC said it will be filling technology and data analytics positions for its expanding learning platform.
Instagram trying to reconnect users locked out of accounts
It was unclear whether the problem was an internal issue or whether the social media site had been hacked.
NICO Corp.’s brain surgery tools gain traction, $12.6M in new funding
After 15 years of coaxing and cajoling the medical community to consider a different way to do brain surgery, NICO co-founder Jim Pearson has numbers to show more surgeons and investors are buying into his vision.
Indianapolis-based ed-tech firm Willo acquired by textbook retailer Follett
Follett, an educational services company with about 6,000 employees nationwide, said it plans to keep Willo’s employees, local Indianapolis presence and brand name. Plans also call for expanding Willo’s 15-person staff.
Congress probes telecom giants’ tactics in U.S. internet aid program
A leading congressional committee opened a probe of AT&T, Charter, Dish Network, T-Mobile and Verizon on Wednesday, aiming to explore if these and other telecom giants are “abiding by the law” in administering a federal aid program.
Microsoft profit down 14% as Windows hurt by weak PC sales
The company gets licensing revenue from PC manufacturers who install its Windows operating system on their products. Revenue from those licenses dropped 15% in the quarter, Microsoft said.
Drizly agrees to tighten data security after alleged breach
Alcohol delivery app Drizly has agreed to tighten its data security and limit data collection to resolve federal regulators’ allegations that its security failures exposed the personal information of some 2.5 million customers.
TechPoint partnership focuses on developing Black tech talent across state
The not-for-profits TechPoint and InnoPower plan to host three-phased sessions, designed to learn what obstacles exist, develop ideas to overcome the obstacles and then implement the ideas.
Chip execs, biz leaders look to Purdue for help filling engineering void
The United States needs an estimated 50,000 or more new semiconductor engineers over the next five years. Tech leaders are traveling to West Lafayette for help.
State teams with Purdue, IU for local government cybersecurity program
The program will offer local government entities free cybersecurity assessments conducted by representatives from Purdue and IU. The state has provided $3.96 million to fund the program.
Indianapolis-based tech firm Saaslio acquired by Canadian company
Saaslio helps IT teams track the software their employees are using remotely, a service that has become more in demand with the growth of remote work.
Fishers startup plans 300 jobs, move to new headquarters
Fishers-based tech startup Spokenote LLC on Thursday announced plans to spend nearly $3 million to relocate its headquarters in Fishers.
Smashing success: NASA asteroid strike results in big nudge
“For the first time ever, humanity has changed the orbit” of a celestial body, said Lori Glaze, NASA’s director of planetary science.
New funding source makes Xtern internship program more affordable for startups
A $300,000 investment from the Indiana Economic Development Corp. will cover half the cost of wages and program fees for small startups who want to participate in TechPoint’s Xtern summer internship program.