Apple drops iPhone bombshell on already-reeling stock market
Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster.
Consumer Electronics
Foxconn subsidiaries to lay off 155 manufacturing, assembly workers in Plainfield
The companies are chalking up the layoffs at their facility at 1581 S. Perry Road to “changes in our business and production objectives,” according to a notice to state officials.
Indiana lawmakers look to address telemarketing issues
The state saw immediate results when the do-not-call law went into effect in 2002, but advances in technology are allowing telemarketers to find loopholes.
Apple’s quarterly results, change in iPhone sales disclosure jar investors
Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season.
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.
Indiana lawmakers consider crackdown on unsolicited calls
Lawmakers are looking into toughening the state's regulations for telephone solicitation to combat unwanted, and often illegal, sales calls.
Bigger, pricier iPhone expected to be revealed Wednesday
Apple is expected to showcase three new iPhones on Wednesday, including its biggest and most expensive model yet, as the company seeks to widen the product's appeal amid slowing sales.
Apple to expand iPhone X design with new colors, big screens
The world’s most valuable company plans to launch three new phones soon that keep the edge-to-edge screen design of last year’s flagship, according to people familiar with the matter.
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.
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.
Mobile carriers cut off flow of location data to brokers
Verizon, AT&T, Sprint and T-Mobile have pledged to stop providing information on U.S. phone owners' locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy.
Not-for-profit RecycleForce aims to build $10 million facility in Indianapolis
An 18-month legal battle continues to linger over RecycleForce as it attempts to begin raising money from donors to fund construction of a 105,000-square-foot building at Sherman Park.
Round Room dials up massive growth in cell-phone industry with unique plan
With 2,400 employees and $2 billion in revenue, Carmel-based Round Room LLC is most assuredly not a small company. But don’t tell that to CEO Scott Moorehead.
Purdue mulls policy to limit Wi-Fi access on campus
The biggest broadband consumption on Purdue's network is from gaming sites, streamed music and assorted video providers.
Best Buy to close its small-format mobile phone stores
The consumer electronics retailer is shutting down 250 small-format mobile phone stores in the United States, including two in the Indianapolis area.
Apple planning giant, lower-priced iPhone models, sources say
Apple Inc. is reportedly preparing to release a trio of new smartphones later this year, including the largest iPhone ever, after sales of the iPhone X failed to meet expectations.
Is radio smart enough to keep up with speakers?
The adoption of smart-speaker technology is sweeping across the country so rapidly that radio stations have had to incorporate the new device into their business strategy at cyber speed.
Purdue professor develops way to transmit 3D images through phones
The technology has futuristic business applications in a number of industries, including real estate, medicine and retail, where stores could offer holographic online shopping.