
Infosys using Indy as platform for new strategy
The company's U.S. hiring spree will bring its services closer to its sizable customer base in this country, although industry analysts said the change could increase costs and undercut profit.
The company's U.S. hiring spree will bring its services closer to its sizable customer base in this country, although industry analysts said the change could increase costs and undercut profit.
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.
Carmel-based Tendly LLC, a software platform for senior care and child care providers, has raised $1 million in seed funding from a bevy of local entrepreneurs and tech investors, the firm announced Tuesday.
Operating as T-Mobile, the company would have about $74 billion in annual revenue and 70 million wireless subscribers.
The Mira Awards’ top individual honor—the Trailblazer Award—went to John Wechsler, the founder of Launch Fishers and the Indiana IoT Lab.
The announcement came the same day Amazon reported that first-quarter profit more than doubled from a year ago, fueled by the growth of online shopping and the cloud-computing service it provides to businesses and government agencies.
The India-based technology company plans to hire 3,000 employees in Indianapolis by the end of 2023.
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Gov. Eric Holcomb and state economic development officials have been pushing Infosys in a series of meetings to make Indianapolis a major training campus for the thousands of employees it plans to hire across the country.
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.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
Officials for digital consultancy Levementum said the capital recently secured from a group led by Chicago-based Inoca Capital Partners will be used in part to add about 40 employees at its Indianapolis office this year.
CEO Jeff Bezos quantified the size of Amazon’s Prime membership for the first time Wednesday. Amazon launched the service 13 years ago as a way to foster customer loyalty.
A federal judge has put off deciding whether to approve the $115 million data-breach settlement and has appointed a special master to closely scrutinize the request for $38 million in attorney's fees.
Hearing arguments Tuesday, the justices considered overturning the court’s 1992 ruling that made much of the internet a tax-free zone by exempting retailers that don’t have a physical presence in a state.
The Carmel native and Indianapolis-based tech entrepreneur filed paperwork with the Federal Election Commission declaring his candidacy earlier this month.
Toledo, Ohio-based United Collection Bureau Inc. announced Tuesday that it expects to spend $2.4 million to lease, renovate and equip a 55,000-square-foot building where it will eventually employ more than 600 workers.
The company, which last November announced plans to double its workforce, plans to occupy half of a $3.5 million building that would be constructed near the Nickel Plate District Amphitheater.
After two days of congressional testimony, what seemed clear was how little Congress seems to know about Facebook, much less what to do about it.
Since October, when the flashy former CEO of AOL drove his Rise of the Rest bus tour to Indianapolis, his company—Revolution—has invested in three local companies.