Deal reached on TikTok ownership, Treasury chief says
Treasury Secretary Scott Bessent said President Donald Trump and Chinese Premier Xi Jinping would speak on Friday to possibly finalize the deal.
Technology
Articles
Electric grids under pressure from energy-hungry data centers changing strategy
With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry centers off grids during power emergencies.
Mears Machine Corp. leaning into 3D printing as growth vehicle
Founded by Ron and Clara Mears in 1966, Mears Machine makes precision metal parts for the aerospace, marine, medical, racing and transportation industries.
What to know about Google’s proposed billion-dollar data center project
With the City-County Council approaching a Sept. 22 public hearing over the 467-acre project, IBJ looked into many of the questions being asked about the controversial development.
Indianapolis-based health-tech company GeoH lands $30M investment
GeoH offers a software platform that home care agencies can use for things like billing, staff scheduling, payroll and analytics, as well as a handful of other services.
Cost of IEDC consulting contract for data center study tops $1.2M
Boston Consulting Group was hired in April to prepare a report that seeks to answer “whether data centers provide sufficient return on investment for Indiana.”
Morgan County prepares for billion-dollar data center project from still-anonymous developer
Since the start of the year, Morgan County officials have rezoned nearly 400 acres of farmland for light industrial use and approved a series of tax abatements to make way for the project.
Tech stocks are doing so well investors are starting to worry
Investors are betting on optimism regarding artificial intelligence and Federal Reserve interest-rate cuts to keep technology stocks moving higher.
Apple’s iPhone 17 lineup includes new ultra-thin model, $100 price hike for Pro
In what has become an annual rite for Apple, all four new iPhone 17 models will feature better cameras and longer-lasting batteries than last year’s lineup.
City-County Council votes for public hearing to review Google’s billion-dollar data center plan
The vote, initiated by Republican Councilor Michael-Paul Hart, sets a Sept. 22 public hearing before the full council to review rezoning of 467 acres for Google’s proposed project.
Apple to unveil next iPhone amid trade war that could result in higher prices
If Apple does announce price increases, it will come just weeks after Google held steady on prices for its new Pixel smartphones.
Musk’s SpaceX spends $17B to acquire spectrum licenses from EchoStar
EchoStar said recent deals will resolve inquiries from the Federal Communications Commission about the rollout of 5G technology.
AI shakes up the call center industry, but humans remain a necessity
It’s become evident that the industry will still need humans, perhaps with even higher levels of learning and training.
IEDC extends consulting contract for study of data center opportunities, pitfalls
Boston Consulting Group is researching the economics of data centers and is expected to produce a white paper report detailing the best way for the state to approach such proposals.
Carmel software firm reaches settlement in legal dispute with former business partner
Carmel-based Max Minds, which does business as Alleo, had been embroiled in a legal dispute with a Virginia-based business partner since 2023, with each party suing the other.
Google facing $425.7M in damages for nearly a decade of improper smartphone snooping
The verdict reached in federal court followed a more than two-week trial in a class-action case covering about 98 million smartphones operating in the United States between July 1, 2016, through Sept. 23, 2024.
Security products company Allegion on acquisition spree in 2025
Allegion, whose Americas division is based in Carmel, has completed nine acquisitions so far this year—a significant increase from recent years.
Salesforce’s struggling stock needs strong earnings to show AI progress, analysts warn
Salesforce shares are down 23% this year, putting them among the 30 worst-performing stocks in the S&P 500 Index. The company will release its second-quarter earnings Wednesday after the bell.
Federal judge orders search shakeup, not breakup, in Google monopoly case
The Justice Department’s antitrust chief, Gail Slater, hailed the decision as a “major win for the American people,” even though the agency didn’t get everything it sought.
Indiana attorney Zuckerberg sues Meta over accusations he’s impersonating Facebook founder
Indiana’s Mark Zuckerberg has been an attorney for more than 38 years, charting his path in Indiana’s legal field well before the other Zuckerberg established his social media empire.