REDMOND, Wa. - Microsoft's CEO on Wednesday said the company is unlikely to raise its bid for Yahoo and is prepared to walk away from the deal. Steve Ballmer, speaking at a conference in Milan, said, "We know what Yahoo's worth. $44 billion is a lot of money," according to a Dow Jones report published
SOUTHFIELD - In the information technology industry, money talks, but it's not the only employee-loyalty tool, a new survey shows. When chief information officers were asked to identify the most effective ways to keep IT staff, compensation (27 percent) topped the list. Providing opportunities for professional development was close behind, cited by 21 percent of
ANN ARBOR ? MichBio Executive Director Stephen Rapundalo said Michigan has created a buzz out there ? the Upper Hand ads in tandem with the state-supported 21st Century Jobs Fund, are generating a lot of interest among the nation's biotech community. Rapundalo, in his remarks during the MichBio annual meeting Tuesday night in Ann Arbor,
ARLINGTON - Internet2 at its annual spring meeting on Tuesday announced the 2008 winners of its Driving Exemplary Applications Awards program, which seeks to recognize leading innovators who have created and deployed advanced network applications that have enabled transformational progress in research, teaching and learning. This year Internet2 introduced, in partnership with Level 3 Communications,
LANSING - Mid-sized businesses would get some $254 million in annual relief from the new Michigan Business Tax under a bill approved with a nearly solid party-line vote in the Senate Tuesday. The bill (SB 1198 ) increases credits available for owners' compensation and expands entrepreneurship credits. Sen. Nancy Cassis (R-Novi) said the bill is
WASHINGTON DC - The saga of Comcast's throttling of BitTorrent file-sharing traffic and intense interest from the Federal Communications Commission, including a hearing at Stanford University last week--has appended the topic onto at least some politicians' to-do list. At a Senate Commerce Committee hearing entitled "The Future of the Internet" on Tuesday, Democratic politicians argued
REDMOND, Wa. - The Live Mesh service that Microsoft unveiled Tuesday night is a peek of what Chief Software Architect Ray Ozzie has been working on all these months. Live Mesh is mostly a file-sharing and folder-synchronization service, as well as a nice, easy way to access a PC remotely. Down the road though, it's
ANN ARBOR ? The Michigan Growth Capital Symposium announced its presenting companies on Monday previewing the Best of the Midwest in the areas of Life Science, Technology, Energy and Services. In addition, MGCS organizers also announced that Kenneth Pelowski, founder and managing partner of Pinnacle Ventures, will headline the two-day seminar delivering a presentation that
ANN ARBOR - A record 79 entrepreneurs entered the Spring Cycle of the Great Lakes Entrepreneur's Quest business plan competition by the April 18 deadline, besting the previous record of 47 teams registered for the Fall 2007 cycle. Winners will be announced June 12. The GLEQ competition features two tracks to accommodate both ventures in
LANSING - New legislation developing a Michigan Renewable Portfolio Standard has been captured by the state's major utilities and will result in less green-powered energy for more money, argues Barry Cargill, Executive Director of the Customer Choice Coalition. Cargill also said the Michigan Democratic Party delegation, eager to retain and expand unionized jobs, has fallen