Biden pushes computer chips legislation in advance of Senate vote
The bill is being closely watched in Indiana, where manufacturers, research universities and economic development officials are rooting for its passage.
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Business execs, health care groups, religious leaders petition lawmakers on abortion legislation
The petitions warn of the potential harm that more restrictive abortion laws could do to the state’s business climate, obstetric patients or religious freedoms.
Indianapolis-based Scale Computing lands $55M investment
Scale Computing CEO Jeff Ready said the $55 million investment will help the fast-growing company move closer to its goal of an initial public offering.
Indiana’s tech firms saw strong venture investment activity in 2Q
Indiana-based tech firms attracted a combined $166 million in investments last quarter, according to a report released this week by Indianapolis-based TechPoint. The quarterly total was up sharply from the first quarter, despite the nationwide tech slowdown.
Microsoft, Google among latest tech giants to hit brakes on hiring
With recession fears mounting, many big tech companies are rethinking their staffing needs. Here’s a look at some of the dozens of companies that are tapping the brakes.
Facebook forsakes friends and family to compete with TikTok
Facebook announced Thursday that it’s overhauling the design of its flagship social network by elevating content from creators over posts from friends and family in an effort to fend off intensifying competition for users’ attention.
Carmel-based enVista to sell portion of its business to German tech company
EnVista, which has 850 global employees and expects $185 million in revenue this year, is selling the commerce and transportation parts of its business to Germany-based Körber. Once the deal closes, 400 enVista employees, including its cofounder, will join Körber.
Semiconductor maker banking on federal incentives for proposed $1.8B Indiana plant
The announcement for the proposed plant came one day after the U.S. Senate voted to proceed with discussions on a $52 billion federal incentive package for semiconductor manufacturing and workforce development.
U.S. Senate votes to consider $52 billion in semiconductor funding
The 64-34 procedural vote on Tuesday night met the criteria set by Senate Majority Leader Chuck Schumer to add research and development initiatives circulated by Republican Todd Young of Indiana and Democrat Kyrsten Sinema of Arizona to the legislation, which could be passed by the Senate next week.
Semiconductor maker planning $1.8B plant, 750 jobs in Indiana
The project stands to receive more than $70 million in state economic development incentives and will hinge on whether it lands federal funding though the Creating Helpful Incentives to Produce Semiconductors, or CHIPS, program.
Semiconductor maker to announce Purdue partnership
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.
Indoor golf simulator chain to open location in downtown Indianapolis
New York City-based Five Iron Golf’s planned facility is expected to feature 12 golf simulators as well as televisions, leisure games, a full-service restaurant and a bar.
Definition of broadband internet might be in for change
Back in 2015, when FCC Chairman Tom Wheeler affirmed the current broadband standard, some internet access advocates already thought those speeds felt out of date. Those concerns are even more palpable in 2022, now that the glut of content to stream has grown even bigger
Republicans warm to $52B computer chip incentives bill
Commerce Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid.
GE reveals identity of three companies after historic split
The split is the culmination of years of paring by the massive American conglomerate, which signaled a shift away from a corporate structure that dominated U.S. business for decades.
As artificial intelligence language skills grow, so do scientists’ concerns
The tech industry’s latest artificial intelligence constructs can be pretty impressive at some things. But they’re not so good—and sometimes dangerously bad—at handling other seemingly straightforward tasks.
Hackers hit health companies, insurers with increasing regularity
Of all the industries in the country, health care might be the juiciest for cyberhackers. And around central Indiana, institutions large and small are paying the price.
In hybrid schedules, Fridays in the office are increasingly lonely
The last day of the workweek, once synonymous with long lunches and early departures, has become the most common day to skip the office altogether.
Cummins’ new CEO says climate change presents ‘growth opportunity’
Jennifer Rumsey, who was named the first woman CEO in Cummins’ 103-year history, said addressing climate change remains a key priority for the company.
Counting Crows shows are a dream realized for High Alpha partner
Eric Tobias has attended more than 150 Counting Crows shows. This weekend, he will see the band from a venue owner’s perspective.