Chip shortage spreads beyond automakers, hurting sales at Apple, Samsung
The scarcity of chips could cloud some of the pandemic recovery if it continues to hamper manufacturing in the coming months.
Technology
Articles
Fishers-based software firm Emplify acquired for $50 million
San Francisco-based human resources software company 15Five Inc. said the acquisition of Emplify further boosts its employee-engagement and manager-enablement software platform.
Indy-based Jobvite combined with two other recruiting software firms to form new company
The new firm will maintain the brands of the three companies—Jobvite, JazzHR and NXTThing RPO—as well as operations in their respective communities, the company said.
Apple’s iPhone privacy clampdown arrives after 7-month delay
The new privacy feature, dubbed “App Tracking Transparency,” rolled out Monday as part of an update to the operating system powering the iPhone and iPad.
Apple plans $100M distribution center, 500 jobs near Indianapolis
The “state-of-the-art” distribution center in Hendricks County is expected to accelerate delivery times for Apple customers in Indiana and the rest of country.
Global podcast database Podchaser gets boost from Indiana investors
Podchaser, which was co-founded by Indiana University alum Cole Raven, recently closed a $4 million funding round with participation from Bloomington-based IU Angel Network and Indianapolis-based High Alpha.
KAR Global, OneCause, Socio, Malomo and Lilly among winners at Mira Awards
TechPoint’s 22nd Mira Awards event was held virtually for the second straight year due to the COVID-19 pandemic. Event organizers expected 6,000 people to tune in to the live webcast.
Marketing tech firm ActiveCampaign lands $240M in investment capital
Chicago-based ActiveCampaign hasn’t realized the type of employment growth it projected in Indianapolis when it opened its local office two years ago. Company officials, however, emphasized this week that they still have big plans for the Indy office.
Rolls-Royce forms research partnership with Purdue, Carnegie Mellon
The partnership, which is expected to tackle several research projects per year, is aimed at strengthening the cybersecurity of Rolls-Royce’s products, which are used in civilian and military aircraft, nuclear power plants and other applications.
U.S. takes new aim at ransomware after costly year for attacks
Last year was the worst to date in terms of the economic toll from ransomware, with demands to victims averaging more than $100,000 and in some cases totaling tens of millions of dollars.
Wisconsin’s new deal with Foxconn lowers tax breaks by billions
Foxconn originally proposed a 20 million-square-foot manufacturing campus that would have been the largest investment in U.S. history for a new location by a foreign-based company, but those plans have been downsized significantly.
Fast-growing local software firm Encamp raises $12M in capital
Encamp, which makes and markets software that helps customers manage environmental data and the forms required for local and federal compliance, has now raised a total of $17.2 million. The most recent funding round was led by Boston-based OpenView with participation from High Alpha Capital and Allos Ventures—both of Indianapolis—and Bloomington-based IU Ventures.
Microsoft buying speech recognition firm Nuance in $16B deal
The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools.
Cummins among companies at White House chips-shortage summit
President Joe Biden’s top economic and national security advisers are hosting more than a dozen CEOs on Monday to discuss the administration’s $2.25 trillion infrastructure plan and the global semiconductor shortage, according to a White House official.
Broadband ‘imperative for our professional and educational lives’
Most Indiana leaders and politicians agree that providing every Hoosier with a high-speed broadband connection is a worthy goal, if not a high priority. But they disagree over how to accomplish and pay for it.
Local educational technology firm projects major growth with new partnerships
Despite the pandemic, Cloverdale-based educational software company Standard for Success saw solid—and somewhat surprising—growth last year, and the firm’s founders project strong double-digit growth this year.
Chip shortage forces more production cuts by General Motors
The shutdowns likely will crimp dealer inventory of vehicles made at the plants, but GM says it has managed to keep factories humming that make hot-selling and very profitable full-size pickup trucks and SUVs.
Local podcast software firm Casted raises $7M in capital
The funding will be used to expand Indianapolis-based Casted’s staff and grow its platform with new integrations and partnerships, company officials said.
High Alpha takes SEO startup under wing as portfolio company
Indianapolis-based Demandwell announced Tuesday that is has become a High Alpha Venture Studio portfolio company as it launches its new SEO software platform.
High court sides with Google in $8B copyright fight with Oracle
To create Android, which was released in 2007, Google wrote millions of lines of new computer code. But it also used 11,330 lines of code and an organization that’s part of Oracle’s Java platform.