Software firm Perq raises $5 million from tech heavyweights
The company’s founders used millions of dollars in capital from their original company—which offered print and direct-mail services—to launch a software division.
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Amazon warehouse workers lose bonuses, stock awards as they get raises
The online retailer upped its minimum wage to $15 and raised other warehouse wages by $1 per hour, but employees learned Wednesday that there’s a tradeoff.
As Sirius XM CEO, Indy exec reshaping in-car entertainment
The company is spending millions of dollars to broaden its foothold as internet connectivity becomes the norm in vehicles, opening up a wealth of opportunities for enhanced entertainment, marketing and data services.
Fishers technology services company acquires Carmel-based competitor
Technology companies Ultimate Automation and Electronic Evolutions have merged to form Ultimate Technologies Group, which will be headquartered in the Fishers Nickel Plate District.
With 5G, providers think wireless can challenge cable for home internet service
Verizon’s 5G Home service, which provides an alternative to cable for connecting laptops, phones, TVs and other devices over Wi-Fi, launches Monday in four U.S. cities, including Indianapolis.
Conexus Indiana hires two execs to lead tech, workforce initiatives
One executive is expected to help Indiana companies continue their transition into next-generation digital technologies. The other will develop and direct programs that help secondary and post-secondary students, as well as adult workers.
IBJ Podcast: How an IU student turned her beekeeping hobby into a star startup
Ellie Symes, CEO of The Bee Corp., talks with host Mason King about being a young entrepreneur, taking risks and pivoting when you have to to make your company stronger.
Facebook says 50M user accounts affected by security breach
The attackers gained the ability to "seize control" of those user accounts, Facebook said, by stealing digital keys the company uses to keep users logged in.
Appeals court affirms ruling that IBM owes Indiana $78 million
Indiana’s Court of Appeals on Friday upheld a judge’s ruling that IBM owes Indiana damages stemming from the company’s failed effort to automate much of the state’s welfare services.
Purdue professor, son want to make you healthier with orange corn
Professor Torbert’s Orange Corn has been bred to include more carotenoids, a set of key nutrients that provide color to vegetables and plants and help protect the eyes.
Sirius to acquire Pandora in $3.5B online radio deal
The combination will help Sirius XM expand beyond an audience that largely listens to the satellite radio company’s programs while driving.
UPDATE: Developer lands first office tenant for Bottleworks project
An Indianapolis-based company that launches tech firms said Thursday it would move its office from the 14th floor of the historic Circle Tower on Monument Circle to the Bottleworks District in summer 2020.
Pacers, Salesforce team up to engage fans with customized data, marketing
The two organizations said Thursday they will use artificial intelligence and cloud technology to analyze fan behavior and respond with more customized email and social media engagement.
Early 5G rollout in Indianapolis gives city wireless advantage
The buzzword in mobile is 5G—the newest generation of wireless service that promises more speed and better connectivity for smartphones, internet-connected devices and even autonomous cars.
Five firms selected for tech accelerator’s fall class
Nationally ranked firm Gener8tor has announced the five participants for its gBeta Indy fall class. They range from a company automating emotion recognition for user experience researchers to a consumer app for organizing, editing, and sharing milestone baby photos.
Big names gather to address diversity issues in Indy tech sector
Organizers of the Disrupt Indy—Midwest Tech Diversity Conference said they’re aiming to come up with “actionable solutions.”
Purdue plans $1.2B innovation district that could change ‘trajectory of the region’
The intent is to create an entrepreneurial ecosystem, filled with services and amenities that would make it easy for Purdue graduates and faculty to pursue their careers or start businesses in West Lafayette.
Tech firm Sigstr secures $4 million growth capital investment
The investment round was led by Edison Partners. Funds will be used to advance new product development and enterprise market adoption, Sigstr officials said.
Report: Machines to handle half of workplace tasks by 2025
A major challenge will be training and re-training employees for a world in which the majority of workplace tasks in existence today will be performed by machines or algorithms.
Salesforce CEO Benioff acquires Time magazine for $190 million
The purchase of Time by Marc Benioff continues a trend of acquisitions of old-line media institutions by wealthy tech giants.