Two Stanford economists win Nobel prize for improving auctions
The discoveries of Paul R. Milgrom and Robert B. Wilson, both of Stanford University, “have benefitted sellers, buyers and taxpayers around the world,” the Nobel Committee said.
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Google tries to turn YouTube into major shopping destination
Every toy, gadget and good you see on YouTube could soon be for sale online—not on Amazon, but right on YouTube itself.
High Alpha startup secures $5M seed funding for livestreaming music platform
Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
IBM to spin off $19B business to focus on cloud computing
IBM CEO Arvind Krishna said the split will help IBM focus on its cloud platform and artificial intelligence, while the new public company will provide services to manage the infrastructure of businesses and other organizations.
Survey: Companies to shrink offices as work stays remote
The poll, conducted for Cisco Systems by Dimensional Research, concluded that working from home is the “new normal.”
Q&A: Finding constellations in sea of ad metrics
Allison Bantz joined Pattern89 as chief customer officer just eight weeks ago, but she’s already got an inside line on one of the hottest commodities in 2020: predictability.
Water-purification firm expands into high-tech air purification to fight COVID-19
Indianapolis-based US Water Systems has pivoted to devise a high-tech method to purify the air through which the virus is often spread.
Software firm Emarsys acquired by German firm
Emarsys, a marketing software company based in Austria, has its North American headquarters in Indianapolis.
Website launched to track lines at Marion County polls, vote centers
The website is the product of a partnership among Vote Safe Indiana, Lessonly, IN Tech for Progress and Common Cause Indiana.
IT consulting firm increasing workforce at Carmel operations
GadellNet Consulting Services, which opened a Carmel office in 2015, plans to boost local employment by about 85 workers over the next five years.
Spot Freight spins off new software company, adds 40 workers
The spinoff company, Red Technologies, is built around proprietary software that Spot launched in 2015 to help connect shippers, trucking companies and drivers for the purpose of freight brokering.
Cyberattack hobbles major hospital chain’s U.S. facilities
Universal Health Services Inc., which operates more than 250 U.S. hospitals and other clinical facilities, said Monday that its network was offline and doctors and nurses were resorting to “back-up processes” including paper records.
Judge blocks TikTok ban in 2nd ruling against U.S. effort to curb popular Chinese apps
During a rare Sunday hearing, the judge questioned whether TikTok had been given enough opportunity to defend itself before President Donald Trump issued an executive order last month barring the app from online stores.
Indiana’s ed-tech sector grows rapidly with startups, not-for-profits
Here are six companies and one not-for-profit organization from central Indiana that are experimenting in the ed-tech sector.
Purdue-led team uses public camera footage to analyze pandemic crowd sizes
The system searches the web for cameras that have been posted online and then saves image data and downloads videos roughly every 10 minutes. The program sends the data to cloud data centers to be analyzed through artificial intelligence with a high level of accuracy.
Justice Department expected to file antitrust action vs. Google
The anticipated lawsuit against Google could be the government’s biggest legal offensive to protect competition since the groundbreaking case against Microsoft almost 20 years ago.
Apple’s smaller rivals unite to fight iPhone app store rules
Spotify and the makers of Fortnite and Tinder are taking on Apple and Google as part of a newly formed coalition calling for “fair treatment” in the way the tech giants run their app stores.
Major software provider to local governments suffers data breach
Tyler Technologies Inc. told customers Wednesday that an unknown intruder broke into its phone and information technology systems.
Indianapolis photography-services firm plans to hire more than 100 workers
Lumatic, which launched in 2016 and has eight employees, offers a platform that allows groups to book professional freelance photographers and share the photos they take widely.
Judge agrees to delay U.S. government restrictions on WeChat
WeChat has millions of U.S. users who rely on the app to stay in touch and conduct business with people and companies in China and around the world.