Google exec put on hot seat in Congress over advertising power
The Justice Department is reportedly readying a major case accusing Google of abusing its dominance in online search and advertising to stifle competition and boost its profits.
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Nvidia to buy Arm for $40B, sparking fears of chip dominance
U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal that would create a global powerhouse in the industry.
TikTok picks Oracle over Microsoft in Trump-forced sales bid
It’s not clear if the proposed acquisition will only cover TikTok’s U.S. business, and, if so, how it will be split from the rest of TikTok’s social media platform, which is popular worldwide.
Hc1 rolling out new tool to help colleges control COVID outbreaks
Indianapolis-based Hc1.com, which makes software that helps health care organizations interpret data to personalize care and control costs, said it thinks it has a solution that will help major U.S. colleges and universities control coronavirus outbreaks on campus.
Fast-growing Sharpen Technologies secures $12M in growth capital
Sharpen Technologies, an Indianapolis-based developer of cloud-based customer service software, has now raised more than $40 million in venture and growth capital since its founding in 2011.
High Alpha portfolio firm Bolster makes official launch after raising $6M
Bolster’s investors include Indianapolis-based High Alpha Capital, Silicon Valley Bank parent SVB Financial Group, New York-based Union Square Ventures and Palo Alto, California-based Costanoa Ventures.
Indianapolis charter network planning virtual school for next year
School leaders say the plan responds to demand fueled by the pandemic for virtual schooling that they anticipate could continue even if the health crisis recedes or a vaccine proves effective.
KAR Global to expand digital auction options with $425M acquisition
KAR Global plans to expand upon the online automotive auction services it provides through TradeRev by acquiring BacklotCars’ longer-term online auctions, which allow dealers to bid on cars over the course of several days.
Groundbreaking well-being app targets Black women’s stressors
Entrepreneur Katara McCarty says the Exhale app she developed “speaks to the path of women of color.”
Startup takes high-tech approach to stopping leaks before homeowner gets soaked
An Indianapolis startup with a unique back story is introducing a solution to a very old—and expensive—problem. Peril Protect is ready for national expansion.
Apple delays debut of anti-tracking tool in iPhone software
The decision outlined Thursday affects iOS 14, which is expected to be released as a free software upgrade to roughly a billion iPhone users later this month.
Justice Department poised to file antitrust lawsuit against Google
The competition inquiry, which began last year, focuses on Google’s sprawling search and advertising empire and the extent to which it harms rivals and consumers.
Ecommerce startup TruLocal preparing to launch in Indianapolis
The San Francisco-based company plans to offer local retailers an online platform where they can reach customers and sell their products.
Walmart ready to launch its answer to Amazon Prime
Called Walmart+, it will cost $98 a year, or $12.95 a month, and give members same-day delivery on 160,000 items and other benefits.
What does Walmart see in TikTok? Millions of young shoppers
Walmart could make TikTok into an extension of its sales machine, helping advertisers, creators and others sell products.
Former Eleven Fifty Academy president rebrands, grows talent-management firm
PurposeHQ helps its customers—and their employees—align their culture, job fit, team fit and leadership.
Walmart joins Microsoft in bid for video app TikTok
Walmart said in a statement Thursday that a deal with Microsoft and TikTok could help it expand its advertising business and reach more shoppers.
United States facing back-to-school laptop shortage
The world’s three biggest computer companies, Lenovo, HP and Dell, have told school districts they have a shortage of nearly 5 million laptops.
Software keeps kids on school buses safe from sickness
Indianapolis-based Synovia Solutions’ latest platform—Bus Guardian—helps with contact tracing and hygiene verification for school buses.
Apple becomes first U.S. company to reach market value of $2 trillion
Apple shares gained nearly 60% this year as the company overcame the shutdown of factories in China that produce the iPhone and the closure of its retail sales amid the coronavirus pandemic.