Apple becomes first U.S. company to hit $1 trillion market value
The consumer-technology giant briefly touched the milestone Thursday morning, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.
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Michigan-based tech firm acquires local internet-of-things company
Troy, Michigan-based Plex Systems has finalized a deal to acquire Dattus Inc., which was founded by two Purdue University students in 2012 and moved to Indianapolis in 2015.
IBJ Podcast: SupplyKick CEO talks perks, pitfalls of fast growth
From 2015 to 2017, revenue at the ecommerce firm jumped from less than $4 million to almost $16 million. CEO Josh Owens discusses mistakes made, lessons learned and strategies that panned out.
Twitter shares plunge in bad week for social media stocks
Twitter’s drop of 18.5 percent Friday morning comes one day after Facebook lost 19 percent of its value.
Couple sells Zionsville software firm nine years in the making
It took four years for well-known local businesswoman Pam Cooper to develop an app to connect cause-driven shoppers to businesses willing to donate a portion of sales to a charity the consumer chooses. It took her and her husband, tech industry veteran Tom Cooper, another five years to build their company into something formidable. It took them a lot less time than that to decide to sell their firm to a much bigger company earlier this year.
Facebook’s stock plunges as growth stalls; Zuckerberg loses $16.8B
CEO Mark Zuckerberg’s fortune tumbled Wednesday as Facebook shares fell 20 percent in after-hours trading.
In boardrooms or bars, apps translate for travelers
When you’re trying to communicate with a taxi driver in Tokyo or pick the right cold medicine in France, there’s only so much that rudimentary language skills, or a helpful concierge, can do to help.
Computer science training summit at IU draws teachers nationwide
Hundreds of teachers assembled at Indiana University to take in lectures, hit the books and do some hands-on training as part of the inaugural Pathfinders Summer Institute.
Indiana IoT Lab in Fishers helps small tech firms think big
The new tech venue in Fishers gives companies that specialize in connecting devices to the internet the access they need to hardware, talent and capital.
Australian sales intelligence firm opens Indianapolis office
SalesPond has opened a downtown office where it plans to employ more than three dozen people by the end of 2023.
Purdue to lead innovation hub focused on autonomous vehicles
Much of the research at the hub—located at Purdue’s Research Park—will be done in partnership with government agencies, including the Indiana Department of Transportation, and private-sector companies.
Acquirer of Angie’s List gets big lift from deal
Nearly 10 months after Angie’s List merged with Home Advisor, the financial fortunes of the combined entity are taking off faster than analysts and company officials expected.
Local technology firm lands $5.5 million in venture capital
PactSafe, an Indianapolis tech firm that offers clients a cloud-based contracting platform, said the infusion of capital will allow it to add up to 20 employees by year’s end.
Impact of new California privacy law will be felt by consumers here, too
A Purdue University professor says the law could lead companies to offer discounts to customers who let them collect and sell their personal data.
Historic building on East Washington Street primed for tech makeover
The vacant three-story structure dating back to the 1880s has a new owner, which plans to convert it to co-working space for technology companies.
Purdue professor partners with Facebook to develop new way of communicating
The system could make it possible for countless millions of ordinary people to receive voice, text or email messages without having to pick-up or even look at their cell phones or computers.
Local firms bristle at Supreme Court sales tax ruling
The ruling allowing states to require retailers to collect sales taxes from online customers could mean millions of dollars of tax revenue. But a number of Hoosier companies say the ruling creates more questions than answers—and could lay a heavy burden on some small businesses.
Supreme Court: Police need search warrants to track cellphones
Chief Justice John Roberts, joined by the court’s four liberals in the 5-4 decision, wrote that “an individual maintains a legitimate expectation of privacy in the record of his physical movements” as they are captured by cellphone towers.
Local sales-software firm plans expansion with $2.1 million funding
Costello founder and CEO Frank Dale he’s as excited about the quality of investors that came on board this round as he is about the amount the firm raised.
Delivra acquired, but its office will remain here
In a deal that was announced this week, one of the city’s oldest marketing technology software firms has been acquired. But its brand will live on and most of its executive team and other employees will remain here.