Target settles data-breach lawsuit with 47 states for $18.5M
Indiana will be among the states receiving money to settle state lawsuits over a 2013 hack of the retailer’s database in which the personal information of millions of customers was stolen.
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Salesforce to train 500 apprentices in Indy by 2020
Salesforce officials said the move is part of a broader initiative to help develop the “workforce of tomorrow.”
Wisconsin accelerator laying groundwork for Indy expansion
Gener8tor, a Wisconsin-based startup accelerator, is looking to set up shop in Indianapolis within the next year. Today, there are no application-based accelerators in the area.
International cyber attack ebbs, but experts see risk of more
Many of the 200,000 victims in more than 150 countries are still struggling to recover from the attack of the so-called “WannaCry” virus.
Few victims paying hackers because of difficulty using bitcoin
An unprecedented cyberattack swept across the globe over the weekend, but so far the majority of victims haven’t paid hackers a ransom.
New wave of ransom threats seen in unprecedented attack
More than 200,000 computers in at least 150 countries have so far been infected, according to the European Union’s law enforcement agency. The U.K.’s National Cyber Security Centre said new cases of so-called ransomware are possible “at a significant scale.”
Dozens of countries hit by huge cyber-extortion attack
Several cybersecurity firms said they had identified the malicious software responsible for tens of thousands of attacks in more than 60 countries. In the United States, FedEx was among the apparent victims.
DeveloperTown has success helping larger firms innovate
DeveloperTown has been growing revenue about 40 percent annually over the past five years, a rate that far exceeds what leaders expected when they founded the company in 2010.
Sapp, after diagnosis for genetic disorder, follows new path
Former Octiv CEO Dustin Sapp has taken a top job with a local software company, and he’ll be working remotely when he moves to Colorado this summer.
Investors willing to bet on Angie’s List-HomeAdvisor combo as stock surges
A week after the announced acquisition of Angie's List, its shares are trading 38 percent above the offer price—signaling optimism about the forthcoming public company combining Angie's List and HomeAdvisor.
High Alpha unveils employee-engagement startup
Venture studio High Alpha on Tuesday announced its fifth portfolio company, an employee-engagement company called Structural Inc.
Comcast, Charter to cooperate as threats from wireless grow
Cable operators Comcast and Charter Communications said Monday that they will work together as they prepare to offer cellphone plans to customers.
Carmel biotech firm lands $8M in venture capital, grant funds
Founded in 2006, Fast BioMedical Inc. plans to use the money to help advance clinical trials and hire additional workers. It develops technologies to measure blood volume and kidney function.
New Jersey firm acquires Carmel-based PolicyStat
PolicyStat LLC, an 11-year-old Carmel-based software-as-a-service company, has been acquired by Bridgewater, New Jersey-based iContracts Inc.
BEHIND THE NEWS: Reading the tea leaves after Angie’s List sale
No one knows how the $505 million sale of Angie’s List Inc. to New York media and internet company IAC will affect local employment, but the buyer doesn’t seem interested in slash and burn.
Pressure escalates to mint tech talent after giant job announcement
A shortage of available talent to fill the thousands of jobs that tech companies like Infosys plan to offer has local leaders powwowing about ways to flood the tech pipeline.
Tech leaders claim mixed emotions about Angie’s List sale
They’re wondering if Angie’s List will be like ExactTarget, whose acquisition spawned job growth, or if jobs will erode over time. They’re also concerned about losing yet another mature, locally based tech firm with a major corporate presence.
Infosys deal happened fast; now battle begins over tech hub’s location
Infosys leaders said Indiana officials took advantage of their earlier relationship to land one of the four U.S. hubs and as many as 2,000 jobs. Indianapolis and Carmel are in the running for the hub’s short-term home.
India-based tech firm plans 2,000 jobs in Indianapolis area
In the biggest economic development agreement Indiana has reached in more than a decade, India-based technology consulting firm Infosys Ltd. on Tuesday announced plans to open an $8.7 million tech and innovation hub in central Indiana.
Mobi named Mira’s Tech Company of the Year
Mobi Wireless Management, a fast-growing, 300-person operation, secured the top honors at TechPoint’s Mira awards Saturday night.