Ten states sue to stop $26.5 billion Sprint-T-Mobile deal
The attorneys general, all Democrats, said eliminating a major wireless company will immediately harm consumers by reducing competition and driving up prices for cellphone service.
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U.S. House mulls antitrust help for news industry
Members of both parties on Tuesday suggested legislation may be necessary for the financially struggling U.S. news industry as lawmakers began a bipartisan investigation into the market dominance of Silicon Valley companies.
Carmel tech firm Lumavate raises $3M in growth capital
The software-as-a-service firm has raised $10 million in growth capital since being founded in mid-2015, company officials said.
Reports: States plan suits to stop $26.5B Sprint-T-Mobile deal
Published reports say a group of at least 10 state attorneys general are planning a lawsuit to block a merger of wireless carriers T-Mobile and Sprint.
Salesforce buying Tableau Software in $15.7B all-stock deal
The acquisition is expected to add about $350 million to $400 million to Salesforce.com Inc.’s fiscal 2020 revenue.
United Technologies, Raytheon to combine as defense giant
Both companies have major operations in Indianapolis, although United Technologies is already preparing to shed its Carrier Corp. business.
IU upgrades research power with nation’s fastest university-owned supercomputer
The school announced Friday it has purchased a new supercomputer—dubbed Big Red 200—for $9.6 million to support advanced research in artificial intelligence, machine learning, data analytics and scientific and medical research.
Startup accelerator seeks locations to expand statewide
Wisconsin-based Gener8tor, which seeks to helps fledgling companies boost revenue and grow jobs, said it’s one-year pilot program in Indianapolis was so successful that it wants to spread its services to additional Hoosier communities.
Tax credit change poised to boost supply of venture capital from out of state
Indiana startups might soon have an easier time attracting out-of-state investments thanks to a change lawmakers made this year to an instrumental tax incentive program.
Amazon says drones will be making deliveries in ‘months’
Amazon said its new drones use computer vision and machine learning to detect and avoid people or clotheslines in backyards when landing.
Bloomington software firm nabs $10 million investment
FormAssembly launched in 2006 and this is first time it will take outside money. The company says the investment comes in the midst of a wave of consumer demand for data regulation.
Carmel-based Rook Security acquired by English firm
Rook Security, an 11-year-old firm that specializes in cyber-threat detection and response services, had been on a torrid growth pace for most of this decade but has downsized its workforce more than 60 percent over the past three years.
IBJ Podcast: Exploring artificial intelligence, learning from failure and more in our Innovation Issue
In this week’s podcast, IBJ Managing Editor Lesley Weidenbener and technology reporter Anthony Schoettle discuss why IBJ publishes an Innovation Issue, how the paper settled on artificial intelligence as this year’s theme and what else is in the edition.
Reports: Justice Department preparing antitrust probe of Google
Politicians and outside antitrust analysts have expressed concern in recent years that Google controls too much of the online digital ad process.
Salesforce joins blockchain bandwagon with new service
Salesforce.com Inc. unveiled a blockchain service Wednesday in a bid to boost revenue and keep up with peers in digital ledgers, joining a growing list of companies that have sought to harness the emerging technology.
2019 Innovation Issue: Many questions, fewer answers at intersection of AI, ethics
James McGrath, a professor of religion at Butler University, ponders the ethical and moral questions related to artificial intelligence.
2019 Innovation Issue: The data scientists behind AI
Three data science experts spoke with IBJ about the benefits—and difficulties—associated with the practical use of artificial intelligence.
2019 Innovation Issue: Artificial intelligence is no longer science fiction
The rapid rise of artificial intelligence in recent years has been simultaneously stunning, promising—and a bit scary.
2019 Innovation Issue: Mark Clerkin on coaching networks, a new innovation paradigm
Everyone has data, processing power continues to get cheaper and new tools are released every day, but customers are still frustrated. Finding actionable insights within the data is what truly matters and therefore is key to success.
2019 Innovation Issue: This firm harnesses AI, big data to make farms more efficient
A Brazilian digital agriculture company that has set up its North American offices at Purdue Research Park wants to create a data-aggregation system powered by artificial intelligence.