ANN ARBOR ? A group of Michigan faculty, students, alumni, university research and research partner institutions are launching in the second quarter Michigan eLab, a $40 million investment pool focused on financing promising U-M start ups. In January, Michigan eLab received $2.25 million from the Pure Michigan Venture Development Fund, which received its funding from
DETROIT - Clark Hill PLC and Thorp Reed & Armstrong LLP announced Friday a merger that will include more than 300 attorneys at 12 offices in seven states. The deal is expected to close in the second quarter. The combined firm will utilize the brand name Clark Hill Thorp Reed in chosen markets, including all
DETROIT ? Airfoil public relations has been selected as a national finalist in the "Technology ? Software & Services" category for the prestigious Public Relations Society of America Silver Anvil Award for its representation of the Microsoft Small- and Medium-Sized Business Group's2012 business-to-business marketing campaign. Regarded as the "Icon of Best Public Relations Practices," the
DETROIT - GreenLancer, a Web-based solar energy engineering company, said it has secured more than $275,000 in private funding from a syndicate of Michigan-based investors. The offering was oversubscribed with additional investors still clamoring to jump on board. Initial investors in GreenLancer include Bizdom (Detroit), Start Garden (Grand Rapids), Blue Water Angels (Midland) and Northern
EAST LANSING - As Michigan becomes the nation's 24th right-to-work state, its residents remain sharply divided over whether the new law will hurt or help the economy, Michigan State University?s latest State of the State Survey shows. Of the 1,013 Michigan adults surveyed this winter, 42.7 percent said they believe the new law will help
LANSING - Most retailers maintain a positive projection for spring sales but the industry's overall short-term outlook took a hit in February, according to the Michigan Retailers Association, falling more than seven points on the index. The sales index number for February dropped below 50 for the second time in three months, showing consumers were
LANSING - What seemed the straightforward signing Wednesday by Governor Rick Snyder of legislation to provide emergency dredging aid found itself caught up in the debate about whether the state should provide the same legal protections to the LBGT community as it does for people based on their race, religion and other factors. The state
LAPEER - Grid Logic has been awarded a $3.8 million grant through the Advanced Research Projects Agency ? Energy of the United States Department of Energy. To support Grid Logic's federally required cost share, NextEnergy has selected Grid Logic as the first recipient of its Michigan Accelerating Technology Energy Grant. Grid Logic develops and manufactures
BEIJING - The People's Liberation Army unit allegedly responsible for cyberspying on Western targets has collaborated with a top Chinese university on networking and security research papers. In a finding uncovered by Reuters, Shanghai Jiaotong's School of Information Security Engineering (SISE) and the People's Liberation Army Unit 61398 have worked in partnership on at least
SAN FRANCISCO - A new Websense report suggests that approximately 94 percent of endpoints that run Oracle's Java are vulnerable to at least one exploit, and we are ignoring updates at our own peril. According to security researchers at Websense, it's not just zero-day attacks that remain a persistent threat. Instead, Java exploits are now