Google must face trial over claims Chrome misled users on data collection
The ruling adds to the significant legal defeats that Google has been dealt in the past year.
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AMD buying server maker ZT Systems for $4.9 billion to strengthen AI capabilities
AMD plans to sell ZT Systems’ server manufacturing business after the deal closes, with mergers and acquisitions in tech and elsewhere getting a closer look by regulators under the Biden administration.
Rally conference returns—with some changes
As Elevate Ventures prepares for year two of its multimillion-dollar Rally innovation conference, the organization is making a few adjustments to last year’s playbook.
Indianapolis tech startup Reportwell lands $1.1M investment
The founders designed the online platform to make it easier for K-12 schools to file required regulatory compliance reports. The company also sees opportunities in other regulated industries such as higher education, utilities and health care.
Judge tells Google to brace for shakeup of Android app store as punishment for running monopoly
In protesting the judge’s potential requirements, Google has raised the specter of consumers’ devices being infected by malicious software downloaded from third-party app stores, triggering “security chaos.”
Meta kills off misinformation tracking tool CrowdTangle despite pleas from researchers, journalists
In May, dozens of groups sent a letter to the company asking that it keep the tool running through at least January so it would be available through the U.S. presidential elections.
Google rolls out Pixel 9 phones earlier than usual as AI race with Apple heats up
Although Pixel phones still represent a sliver of worldwide smartphone sales, they are still closely watched because they serve as Google’s platform for demonstrating the latest advances in the Android operating system that powers virtually every phone not made by Apple.
Indianapolis-based The Heritage Group hires entrepreneur-in-residence
Mitch Black’s main role is as an adviser to the New Venture Group’s 35 portfolio companies, helping them navigate the challenges that young companies face.
Could two NASA astronauts be stuck at space station until next year?
Butch Wilmore and Suni Williams have been up there since early June, their planned eight-day mission at the two-month mark and possibly heading toward eight months.
New High Alpha startup offers financial services to fellow startups
Topo Advisors was founded by its CEO, Tim Page, who formerly helped advise High Alpha portfolio companies when he worked as finance manager at the venture studio.
Six ways the Google antitrust ruling could change the internet
What new ideas could flourish, which new companies might get off the ground or what products might be cheaper if Google were handcuffed from flexing its monopoly power over search?
SK Hynix lands $450M in federal CHIPS Act funding for Indiana facility
The funding is in addition to the $700 million the company will receive through an incentive agreement with the Indiana Economic Development Corp.—one of the the largest economic development deals in Indiana history.
Tech startup Arrive recruits former Carmel mayor, Elevance CFO
The two additions could help Arrive AI—a maker of smart mailboxes with security and temperature-control features—to gain more traction with municipalities and health care providers.
Teenager sues Meta over ‘addictive’ Instagram features
The legal action adds to a growing swarm of suits against the company from state attorneys general and school districts aiming to tie America’s teen mental health crisis to social media.
Outages hit Schwab, Fidelity, other online trading brokerages during market sell-off
Several online brokerage firms appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024.
Nvidia facing antitrust probe from regulators amid competitor complaints
Nvidia’s has cemented itself as a poster child for the artificial intelligence boom—and in the process become one of the most valuable companies in the world.
Justice Department sues TikTok, accuses it of illegally collecting children’s data
The latest lawsuit focuses on allegations that TikTok violated federal law that requires kid-oriented apps to get parental consent before collecting personal information of children under 13.
Push for microchips could reshape Indiana’s economy
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.
Conexus launching network aimed at hardtech innovators
In a switch from its original focus, the Hardtech Innovators Network will seek to help those who actually do the hands-on design, engineering and innovation work at Indiana companies.
Chipmaker Intel, eyed for billions in U.S. grants, set to fire 15,000 workers
The layoffs are a troubling sign for the Biden administration’s multibillion-dollar plan to rebuild the U.S. chip manufacturing industry.