ANN ARBOR ? Thirty six companies will pitch hundreds of potential investors next week at the 32nd annual Michigan Growth Capital Symposium. Presented by the University of Michigan Zell Lurie Institute at the Ross School of Business, this year?s Symposium will be held May 21-22 at the Marriott Resort in Ypsilanti. More than 400 entrepreneurs,
ANN ARBOR - Plymouth Management Co. announced its ninth investment from Plymouth Venture Partners Fund II, leading a financing round in 365 Retail Markets of Troy. The investment terms were not disclosed. 365 supplies hardware and software to vending operators who want to replace conventional vending banks with unmanned, small stores (SmartShop or Micro Markets),
WARREN ? On Monday, General Motors showed off a new $130 million data center in Warren and the automaker said it will spend $258 million to build another in Milford ? part of GM new mantra that world-class companies own and operate their own IT, not outsource it. At a press conference during the tour,
AUBURN HILLS - Ralco Industries plans to build a $13.5 million, 125,000-square-foot world headquarters and manufacturing facility on 18.8 acres located along the north side of Taylor Road near Fieldstone Golf Club. Farmington Hills-based JB Donaldson Co. is the developer for Ralco Industries? new building construction. Approximately 14,000 square feet of the building will be
SAN FRANCISCO - Shortly after the Pentagon announced the Chinese government has been involved in widespread cyberespionage targeting the U.S. government and businesses, a bipartisan group of senators proposed a new law to fight cyber-theft. The law, dubbed "Deter Cyber Theft Act," was proposed Tuesday by Democrats Carl Levin and Jay Rockefeller and Republicans John
SAN FRANCISCO - A global cybercime ring stole $45 million from banks around the world in a matter of hours by hacking a database of prepaid debit cards, federal prosecutors said Thursday. Seven people are in U.S. custody in connection with the case, which prosecutors said involved thousands of thefts from ATMs using bogus magnetic
SAN FRANCISCO - Microsoft has issued a warning that a new piece of malware masquerading as a Google Chrome extension and Firefox add-on is making the rounds, threatening to hijack Facebook accounts. First detected in Brazil, Trojan:JS/Febipos.A attempts to keep itself updated, just like normal, legitimate browser extensions, Microsoft noted in a security bulletin reported
GRAND RAPIDS - The United States Environmental Protection Agency announced this week that Ottawa County has been awarded $400,000 in grant funds from the Brownfields Assessment, Revolving Loan Fund, and Cleanup Program to assess, cleanup, and redevelop contaminated properties, promote economic development, create jobs, and protect public health. The County will utilize the grant funds
ANN ARBOR ? State of Michigan CIO David Behen was named a recipient of the 2013 Merit Awards, which recognize individuals and organizations that have provided leadership in technology and assisted the Merit Community. Award recipients were honored Thursday at the conclusion of the 2013 Merit Member Conference. "In our role of promoting the advancement
ANN ARBOR- TerraYebo has selected Logic Solutions as the lead developer for My Inch of the Earth application enhancements and mobile app development. MyInchOfTheEarth.com is an experiential web platform that deepens the connection between non-profits and donors by allowing users to claim an exclusive, virtual inch of the earth on which they share memories, photos,