Fishers-based tech firm Formstack hires new CEO
Chris Byers, who had been Formstack’s CEO since 2010, said he came to the realization earlier this year that it was time for him to leave the company.
Software
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Google reaches tentative settlement with all 50 states over alleged app store monopoly
The lawsuit was filed in 2021 over the tech giant’s alleged monopolistic control of app distribution for the software that runs most of the world’s cellphones.
Software developers say AI technology helps them work faster—sometimes
Local tech firms that have started to use the technology say, with the caveat that it’s difficult to make long-term predictions about ever-changing technology, that they view generative AI as a tool rather than a job killer.
ChatGPT loses users for first time, shaking faith in AI revolution
Mobile and desktop traffic to ChatGPT’s website worldwide fell 9.7 percent in June from the previous month, according to internet data firm Similarweb.
Engineered Innovation Group lands state tax incentives
The Indianapolis-based software development firm had one employee when it launched in December 2021. The company now has 26 employees—and big ambitions for continued growth.
High Alpha launches startup that helps marketing teams coordinate work
Indianapolis-based Tenon, which has been operating in stealth mode since December, offers a software platform that helps marketing teams plan and execute campaigns.
Microsoft adds AI tools to office apps Outlook, Word, Excel
Microsoft is infusing artificial intelligence tools into its suite of office software, allowing users to do things like summarize long emails, draft stories in Word and animate slides in PowerPoint.
Local software startup Elate lands $4.9M VC investment
Indianapolis-based Elate was founded in 2019 by two former coworkers at another local software firm, Springbuk. Elate offers a platform to help organizations develop and execute their strategic plans.
Microsoft’s latest AI assistant aimed at marketers, customer reps, work apps
Microsoft, having brought artificial intelligence to its battle with Google over search, is now turning to the latest AI technology to catch up with rivals in the corporate applications market such as Oracle, Salesforce and SAP.
White House: No more TikTok on gov’t devices within 30 days
Congress passed the “No TikTok on Government Devices Act” in December as part of a sweeping government funding package.
Tech’s next frontier: Indiana companies are making their way to Web 3.0
Web 3.0 is built upon the core concepts of decentralization and openness. Its features include artificial intelligence, machine learning and blockchain technology.
Microsoft bakes ChatGPT-like tech into search engine Bing
The revamping of Microsoft’s second-place search engine could give the software giant a head start against other tech companies in capitalizing on excitement surrounding ChatGPT, a tool that’s awakened millions to the possibilities of the latest AI technology.
Indiana Wesleyan names Qualls executive director of Eleven Fifty Academy
Tech entrepreneur John Qualls has been serving as Eleven Fifty Academy’s interim executive director since December, when Indiana Wesleyan acquired the struggling coding school.
Microsoft laying off 10,000 as job cuts in tech sector spread
The company said in a regulatory filing Wednesday that the layoffs were a response to “macroeconomic conditions and changing customer priorities.”
Indianapolis software firm Authenticx lands $20M in growth capital
Authenticx offers business communications software that allows health insurers and health care systems to analyze millions of client interactions such as phone calls and emails, helping customers improve their interactions with patients.
Q&A with Zach Garrett on his startup Liftify
The startup works with companies across North America to help them build stronger reputations by increasing online reviews from customers, which leads to a rise in organic search rankings and possibly more business leads.
Indianapolis startup Overfuel aims to streamline website experience for car dealers
Overfuel, which had its public launch this week, is targeting small- to medium-sized independent car dealers, offering them software that helps them streamline their websites and glean more information about customers’ online activities.
Indianapolis-based tech firm Zylo lands $31.5M investment
The latest investment is the fourth major round of funding for Zylo, which was founded in 2016 and has raised more than $66.5 million to date. The company helps customers manage their software-as-a-service subscriptions.
Fishers tech startup Docket winds down operations, staff joins Zoom
Docket, which launched in 2019, wrapped up its operations in September after the meetings-platform company Zoom hired its team. In 2020, Docket had won Zoom’s annual “Whale Watch” competition, scoring a $1.25 million venture investment as a result.
Indianapolis-based tech firm Saaslio acquired by Canadian company
Saaslio helps IT teams track the software their employees are using remotely, a service that has become more in demand with the growth of remote work.