Explainer: What caused Amazon’s cloud computing outage? Will there be more?
Another major outage in Amazon’s cloud computing network has raised questions about the vulnerability of the internet and its concentration in the hands of a few firms.
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Companies and attendees drop out of CES over omicron concerns
Just two weeks before it is set to open its doors to tens of thousands of people at the massive Las Vegas Convention Center, one of the largest technology trade shows is in limbo.
Manufacturers embrace advanced technology, but carefully
A growing number of Hoosier companies say advanced technology is improving productivity and profits, but that choosing and implementing the right tech can be challenging.
Indianapolis-based RCA firm acquired by Arizona conglomerate
Indianapolis-based RCA Commercial Electronics, which sells both commercial televisions and LED lighting, has been acquired for $14 million cash plus other considerations. The deal closed earlier this week.
Marketing-tech firm ActiveCampaign selects new site for Indianapolis office
Chicago-based ActiveCampaign, which opened an Indianapolis office in 2019, had been searching for months for a new, larger space. Its new office will be an 8,800-square-foot space on Mass Ave.
Design for 16 Tech’s ‘centerpiece’ bridge called first of its kind
Officials at 16 Tech on Wednesday unveiled a bridge design that they say is both pedestrian-friendly and architecturally unique. The overall project, which includes the bridge and related road work, has an estimated $20 million-plus price tag.
Indianapolis-based IntelinAir taps former Dow Agro chief as CEO
IntelinAir, an ag-tech startup, moved its headquarters from California to Indianapolis in August. The company’s co-founder, Al Eisaian, is stepping aside as president, CEO and board chairman next month and long-term ag-tech exec Tim Hassinger will take over those roles.
Tech firm Genesys lands $580M in funding
The company, which offers cloud-based software and other products for call-center operators, has a significant presence in Indianapolis but it’s unclear how the recent investment might affect local operations.
Explainer: What caused Amazon’s outage? Will there be more?
A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for hours, raising questions about the vulnerability of the internet and its concentration in the hands of a few firms.
Major outage hits Amazon Web Services, disrupting many major sites
Amazon’s own e-commerce operations were affected, as well as Toyota, Delta Airlines, Netflix, Instacart, Venmo, Kindle, Roku, The Associated Press, Disney+ and McDonald’s.
TechPoint adds talent category to its annual Mira Awards program
The Mira Awards, which honors achievements in Indiana’s tech industry, has added an awards category for efforts to attract, hire, train and retain tech talent. Nominations for the annual awards program opened this week and the awards gala takes place April 23.
GM cites improved chip supply in raising financial guidance
General Motors raised its outlook Wednesday and said it expects to return to a normal production rate by the end of next year.
GM venture to build North American battery chemical plant
The plant will employ hundreds of people and will start making materials in 2024, said Doug Parks, GM’s global product development and supply chain head.
New Salesforce co-CEO Bret Taylor has growth on his mind
Investors are clamoring for the top provider of cloud-based customer relations management software to prove it can expand beyond its core business. Any misstep is bound to be noticed.
Allegion Ventures launches $100M technology investment fund
Allegion says it had such success with its first investment fund, which launched in 2018, that it’s now starting a second fund that’s twice the size of the original.
U.S. commerce secretary urges boost in semiconductor output
Gina Raimondo will press Congress to pass legislation that would put about $52 billion toward U.S. chip manufacturing in a speech to the Economic Club of Detroit during a visit to the city that’s the capital of American auto manufacturing.
Twitter co-founder Jack Dorsey steps down as CEO
Dorsey has faced several distractions as CEO, starting with the fact that he’s also founder and CEO of the payments company Square. Some big investors have openly questioned whether he could effectively lead both companies.
Bob Coy, chief executive of 16 Tech, set to retire in 2022
Coy, who has been at the organization since 2017, overseeing the first phase of development at the 50-acre 16 Tech Innovation District, is stepping down after a long career in economic development.
Samsung says it will build $17B semiconductor factory in Texas
Samsung said the new facility will boost production of high-tech chips used for 5G mobile communications, advanced computing and artificial intelligence, and also improve supply chain resilience.
Zoom stock tumbles amid signs of slowing growth
The video-conferencing company reported a smaller-than-projected number of large customers for a second straight quarter, stoking concerns about growth as more workplaces and schools open back up.