Purdue startup’s food safety tool gains traction with Ag-Celerator grant
OmniVis has developed a hand-held device to rapidly detect pathogens in food, water and the agriculture production chain.
Technology
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NBA 2K League exits Indianapolis in favor 2023 season in Washington, D.C.
After a 2022 season in Indianapolis, the league and its 24 teams will migrate to Washington, D.C., ahead of its upcoming season.
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.
Indiana lawmakers reluctant to enact policy for surveillance technology
State lawmakers are prioritizing multiple bills in the current legislative session that seek to increase data privacy, but it doesn’t appear that lawmakers have an appetite to regulate common surveillance technology such as license plate readers used by law enforcement.
Tech industry job cuts come rapidly, in big numbers
In just the past month, there have been about 50,000 job cuts across the technology sector. Here’s a look at some of the companies that have announced recent layoffs.
TechPoint report examines Indiana’s tech talent shortage
The organization says traditional talent pipelines cannot provide enough talent and calls for additional pathways for worker development.
Rebooted data privacy legislation making its way through Statehouse
A data privacy bill died in the House last year, but a Fort Wayne lawmaker said she did “an entire rewrite” before introducing a new version of the bill this year, and she’s optimistic it will gain more support.
Microsoft reports outage for Teams, Outlook, other services
Thousands of users reported problems with Teams, Outlook, the Azure cloud computing service and XBox Live online gaming service early Wednesday.
Spotify to cut about 6% of jobs in latest tech layoffs
The music streaming giant has about 9,800 employees. In recent years it has made a massive investment in acquiring podcast networks, creation software, a hosting service and the rights to popular shows like “The Joe Rogan Experience” and “Armchair Expert.”
IBJ Podcast: Internet banking pioneer Becker has bucket list but isn’t going anywhere
The First Internet Bank of Indiana founder is 69 years old and says he has no plans to hand over the reins of CEO and chairman given that developing new products and services for the bank scratches his entrepreneurial itch.
Indiana, other states readying privacy bills as Washington stalls
Lawmakers in at least nine states, including Indiana, have introduced so-called comprehensive privacy bills, which broadly seek to set limits around what consumer data companies can collect and how they use it.
Old National Bank sues over failed software
The Evansville-based bank is suing financial technology firm Backbase over what it calls Backbase’s “unmitigated failure” to fulfill $18 million in software contracts for a Chicago bank Old National acquired.
Google cutting 12,000 jobs as layoffs spread across tech sector
It’s one of the company’s biggest-ever round of layoffs and adds to tens of thousands of other job losses recently announced by Microsoft, Amazon, Facebook parent Meta and other tech companies as they tighten their belts amid a darkening outlook for the industry.
Broad Ripple-based software startup Yourco selected for SXSW pitch contest
Yourco, which offers a text-messaging-based communication for non-office workers, is one of 40 companies from around the world selected to participate in a pitch contest at SXSW, the massive tech/arts/cultural event in Austin, Texas.
T-Mobile says data on 37 million customers stolen
T-Mobile, which has been has been hacked multiple times in recent years, said in a filing with the U.S. Securities and Exchange Commission that the breach was discovered Jan. 5.
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.
IEDC looking to key U.S. markets to generate investments in Hoosier state
The IEDC says it would like to hire two more people this year, perhaps on the East Coast and in the Southeast, who can also scout for companies that might be persuaded to invest in Indiana.
FTX recovers $5 billion in cash, crypto to repay customers
It is not yet clear how much of a shortfall FTX’s creditors will face as company advisers continue working to salvage what they can from the crypto giant’s shocking implosion in November.
IBJ Podcast: Digging into Salesforce’s ‘restructuring’ and what it could mean for Indianapolis
The global tech giant revealed Wednesday that planned to lay off about 10% of its employees companywide and shrink its real estate footprint. But execs are mum on the possible ramifications for downtown’s Salesforce Tower.