AUBURN HILLS - Fiat and Chrysler paid $4.35 billion to buy 41.5 percent of Chrysler?s shares that had been owned by the UAW Retiree Benefits Trust, shoring up the trust, which provides medical benefits to 117,000 UAW-represented Chrysler retirees and their dependents. The combined companies comprise the seventh largest global automaker in the world. But
SAN JOSE, Ca. - Intel on Tuesday announced an agreement to sell its TV business to Verizon Communications for an undisclosed sum, giving the telecom giant an edge in the market to deliver live television over the Internet. The deal spotlights the growing importance of video content delivered over the Internet rather than by broadcast
LANSING - Michigan's University Research Corridor ranks high among eight university innovation clusters in a new measure that examines R&D spending, research commercialization and talent production, according to a new Economic Impact Report released Wednesday. The URC ? consisting of Michigan State University, the University of Michigan and Wayne State University ? ranked second in
SAN FRANCISCO - Spend a morning or two with Sesame Street and you should have all the skills you need to crack the passwords of hundreds of thousands, if not millions of online accounts worldwide. This according to a new list of the worst passwords of 2013 from security-focused developer SplashData that lists "123456" as
DETROIT - The Internet Advisor Jan. 18 featured David Behen, State of Michigan CIO As Michigan's chief information officer, Derek Turner Director of Business Development at Grand Circus, and Mike Brooks, one of the planners of the Annual Collaboration for Entrepreneurship Jan. 30 at Burton Manor in Livonia. To listen, click on
LANSING - Another new poll shows a statistical tie between Republican senatorial candidate Terri Land and the presumptive Democratic nominee U.S. Rep. Gary Peters. In Rasmussen Reports' first poll of the race, Land had 37 percent to 35 percent for Peters. The poll of 500 likely voters was conducted January 14-15 via automated telephone interviews
NEW YORK - A security breach that yielded Neiman Marcus customers' payment card information went undetected for nearly six months, according a report in the New York Times. The upscale department store revealed Friday that hackers may have stolen customers' credit and debit card information during an intrusion it detected in mid-December, but sources told
MINNEAPOLIS - While Target has said hackers used malware installed on point-of-sale terminals to pilfer the payment card information from millions of customers, the retailer has been silent about how the malware siphoned off the sensitive data. CEO Gregg Steinhafel confirmed this week that malware installed on checkout keypads was used to steal the names,
WASHINGTON DC ? The HealthCare.Gov web site may face further problems from hackers taking advantage of its many security holes. At least that's the consensus of a group of security professionals who have analyzed the site, CNET News.Com reported. David Kennedy, who is CEO of computer security consulting firm TrustedSec and who is testifying before
DETROIT - Loyalty pays with AT&T is a available now for existing customers on two-year service agreements so they can upgrade to the hottest new smartphone for $0 down with AT&T Next. At the same time, customers can move to AT&T?s new Mobile Share Value plans and start realizing significant monthly rate plan savings, featuring