Moving millions of products closer to customers to enable one-day delivery proved more costly and complicated than expected, driving up expenses and reducing efficiency in the second quarter.
DemandJump, a local software company, has now raised a total of $14 million in venture funding since its founding in 2015. Company officials said the most recent round will be used in part to continue to grow staff.
The U.S. Department of Justice on Tuesday opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.
President Trump and senior administration officials met with CEOs from Alphabet Inc.’s Google, Broadcom Inc., Cisco Systems Inc., Intel Corp., Micron Technology Inc., Western Digital Corp. and Qualcomm Inc. on Monday.
After nine years of managing the state’s investments in startups, the not-for-profit Elevate Ventures has had some wins, but more losses—as measured by the number of companies that paid back at least as much as they took in.
Kerauno, an Indianapolis-based maker of communications-workflow software, this week announced the acquisition of Inverse-Square, a locally based custom software development firm. And the acquisition won’t likely be Kerauno’s last, maybe not even this year.
Amazon Web Services Inc., a division of Amazon, and Microsoft Corp. are finalists for the contract estimated to be worth up to $10 billion over a decade.
Entrepreneur Max Yoder failed out of the gate when he launched his first company. No, not Lessonly, the training software firm that is still growing seven years after he co-founded it with the folks who created the High Alpha venture studio. Yoder’s first company was Quipol, which offered a social polling product that he worked on […]
Big Tech faced tough questions Tuesday as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook’s plan for a new digital currency.
At $5 billion, the fine the U.S. Federal Trade Commission is about to levy on Facebook is by far the largest it’s given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012.
Many within the unmanned aircraft industry think identification technology such as that made by Carmel-based Pierce Aerospace is the last piece needed for companies like FedEx and Amazon to start using drones to deliver packages to doorsteps.
The most recent funding is expected to fuel the growth of Perq’s artificial intelligence-driven marketing cloud for big-ticket retailers, company officials said.
Prosecutors say David Betner of Indianapolis misled investors by saying his company—Darepoint—was on the verge of a profit-generating buyout.
A leading U.S. retail group, whose members include Walmart, Target and Best Buy, is eager to aid antitrust enforcers that are poised to investigate whether Amazon and Alphabet's Google are harming competition.
Purdue’s 50th anniversary celebration of the Apollo 11 landing will take place July 18-20.
RBE Investments LLC, the company’s biggest secured creditor, made a nearly $5.8 million credit bid to purchase the seven-year-old company and its assets after a turnaround plan for the company failed.
Among the applicants is a high school that would concentrate on workforce development for the area’s technology sector.
The Indiana Supreme Court ruling released Wednesday upholds lower court rulings in the case that began in 2010.
Local tech advocacy group TechPoint is partnering with TMap, an Indianapolis startup headed by former Angie’s List CEO Bill Oesterle, and five blue-chip companies to bring far flung native Hoosiers back to the state to work.
Connect Think’s two owners, Justin Bolles and Chris Waugh, along with six of the company’s eight other employees, joined KSMC as part of the acquisition.
