Fishers-based Qumulex acquired by Texas company
Fishers-based Qumulex offers cloud-based video surveillance and access control systems for businesses. The company has been acquired by Texas-based Synerion USA Inc.
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FTC’s rule banning fake online reviews goes into effect
The rule, which went into effect Monday, allows the agency to seek civil penalties against those who knowingly violate it.
Purdue preparing for SK Hynix arrival
The university’s leaders are hard at work laying the groundwork to make South Korean chip manufacturer SK Hynix’s U.S. expansion in West Lafayette a success.
Report: Venture funding in state’s tech sector sank in 3Q
While not unusual for venture funding in a third quarter, the latest investments totaled a small fraction of what Indiana tech firms received in both the first and second quarters of this year.
Netflix’s subscriber growth slows, but its profit, stock price surge
Netflix ended September with 282.7 million worldwide subscribers–far more than any other streaming service.
FTC adopts rule to make it easier for consumers to cancel unwanted subscriptions
The U.S. Chamber of Commerce criticized the administration’s approach, saying in August that “heavy-handed regulations that micromanage business practices” will lead to higher costs for consumers.
Amazon, Google make nuclear investments to power data centers with clean energy
Both tech giants are seeking new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence.
Consumer group calls for moratorium on new electricity-guzzling data centers in Indiana
Citizens Action Coalition of Indiana said the huge new data centers planned in the state could lead to skyrocketing utility bills while providing few jobs relative to their energy consumption and the incentives they receive.
Elon Musk unveils Tesla’s ‘Cybercab,’ plans to bring autonomous driving tech to other models
Tesla expects the Cybercabs to cost under $30,000, Musk said. He estimated that the vehicles would become available in 2026, then added “before 2027.”
IU Indianapolis video-game lab gets museum designation
The Media Arts and Science Research Learning Arcade, or MARLA, at Indiana University Indianapolis has an ever-growing collection of some 550 vintage video games and 20 gaming consoles.
Amazon says new technology in delivery vans will help sort packages and save time
Amazon expects to put 1,000 delivery vans that contain the Vision-Assisted Package Retrieval technology on the road by early next year.
States sue TikTok, claiming its platform is addictive, harms mental health of children
At the heart of each lawsuit is the TikTok algorithm, which powers what users see on the platform by populating the app’s main “For You” feed with content tailored to people’s interests.
Judge orders Google to open Android app store to competition
The court-mandated overhaul is meant to prevent Google from walling off competition in the Android app market.
Goals unmet, Infosys tight-lipped about future of campus
The company’s west-side, three-story, 160,000-square-foot building near Indianapolis International Airport, is more eye-catching than the airport parking lot that previously occupied that spot. But Infosys isn’t talking about what it is or isn’t doing at the site.
Fishers-based Vibenomics branching out in pursuit of customers outside U.S.
The marketing tech firm, which counts some of America’s largest retailers as customers, is now working to replicate that success overseas.
Carmel-based real estate tech firm Realync acquired
Realync, whose platform allows apartment managers to offer virtual property tours, has been acquired by Texas-based Grace Hill Inc.
Carmel software firm waging legal battle over its core product
Carmel-based Max Minds LLC is embroiled in a multimillion-dollar legal battle over the company’s core product—an online meeting platform called Alleo.
The Bee Corp. dissolves, but its technology lives on
The company’s signature technology, called Verifli, uses infrared imagery, data analytics and a smartphone app to determine the size of the bee colony inside a hive—a faster and less invasive method than manually inspecting the hive.
Congress grills CrowdStrike about multibillion-dollar July tech outage
The July technology failure shut down 911 call centers, handicapped hospitals and stranded airplane passengers around the world.
House OKs permit exemption for semiconductor projects, sending bill to Biden
The U.S. House approved legislation on Monday that would address concerns that environmental reviews and lawsuits will delay construction of domestic chip factories.