Dorsey to headline IU Ventures networking summit
The IU Founders & Funders Network Venture Summit is scheduled May 18-19 at the Indiana Memorial Union. Only 185 tickets will be allocated for the event.
Technology
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Twitter scrambles to fix meltdown as many unable to tweet
It is not clear what caused Wednesday’s meltdown, but Twitter engineers and experts have been warning that the platform is at an increased risk of fraying since new owner Elon Musk fired most of the people who worked on keeping it running.
Microsoft bakes ChatGPT-like tech into search engine Bing
The revamping of Microsoft’s second-place search engine could give the software giant a head start against other tech companies in capitalizing on excitement surrounding ChatGPT, a tool that’s awakened millions to the possibilities of the latest AI technology.
Dell latest to trim headcount as big tech job cuts keep coming
The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it’s taken to stay ahead of eroding market conditions are no longer enough.
IBJ Podcast: She went from a master’s in social work to tech firm CEO
In this week’s edition of the IBJ Podcast, Brown discusses the unusual route that led her to become a first-time entrepreneur in her early 40s.
In Spotify era, many musicians struggle to make a living
Making a living in the industry is increasingly hard for most songwriters and musicians in the streaming era. Royalties tend to be meager, while many say concerts produce less revenue.
Tech parks could capture larger share of tax dollars
A bill that would divert some $6 million in state and local tax revenue annually to state-certified technology parks has passed the Senate and is headed to the House, where similar legislation died two years ago.
Purdue startup’s food safety tool gains traction with Ag-Celerator grant
OmniVis has developed a hand-held device to rapidly detect pathogens in food, water and the agriculture production chain.
NBA 2K League exits Indianapolis in favor 2023 season in Washington, D.C.
After a 2022 season in Indianapolis, the league and its 24 teams will migrate to Washington, D.C., ahead of its upcoming season.
Indiana Wesleyan names Qualls executive director of Eleven Fifty Academy
Tech entrepreneur John Qualls has been serving as Eleven Fifty Academy’s interim executive director since December, when Indiana Wesleyan acquired the struggling coding school.
Indiana lawmakers reluctant to enact policy for surveillance technology
State lawmakers are prioritizing multiple bills in the current legislative session that seek to increase data privacy, but it doesn’t appear that lawmakers have an appetite to regulate common surveillance technology such as license plate readers used by law enforcement.
Tech industry job cuts come rapidly, in big numbers
In just the past month, there have been about 50,000 job cuts across the technology sector. Here’s a look at some of the companies that have announced recent layoffs.
TechPoint report examines Indiana’s tech talent shortage
The organization says traditional talent pipelines cannot provide enough talent and calls for additional pathways for worker development.
Rebooted data privacy legislation making its way through Statehouse
A data privacy bill died in the House last year, but a Fort Wayne lawmaker said she did “an entire rewrite” before introducing a new version of the bill this year, and she’s optimistic it will gain more support.
Microsoft reports outage for Teams, Outlook, other services
Thousands of users reported problems with Teams, Outlook, the Azure cloud computing service and XBox Live online gaming service early Wednesday.
Spotify to cut about 6% of jobs in latest tech layoffs
The music streaming giant has about 9,800 employees. In recent years it has made a massive investment in acquiring podcast networks, creation software, a hosting service and the rights to popular shows like “The Joe Rogan Experience” and “Armchair Expert.”
IBJ Podcast: Internet banking pioneer Becker has bucket list but isn’t going anywhere
The First Internet Bank of Indiana founder is 69 years old and says he has no plans to hand over the reins of CEO and chairman given that developing new products and services for the bank scratches his entrepreneurial itch.
Indiana, other states readying privacy bills as Washington stalls
Lawmakers in at least nine states, including Indiana, have introduced so-called comprehensive privacy bills, which broadly seek to set limits around what consumer data companies can collect and how they use it.
Old National Bank sues over failed software
The Evansville-based bank is suing financial technology firm Backbase over what it calls Backbase’s “unmitigated failure” to fulfill $18 million in software contracts for a Chicago bank Old National acquired.
Google cutting 12,000 jobs as layoffs spread across tech sector
It’s one of the company’s biggest-ever round of layoffs and adds to tens of thousands of other job losses recently announced by Microsoft, Amazon, Facebook parent Meta and other tech companies as they tighten their belts amid a darkening outlook for the industry.