DETROIT ? A new report shows Michigan's University Research Corridor member schools worked on more than 1,400 auto-related research projects over the past five years, with a total expenditure at the schools of more than $300 million. The reports also said URC schools - Michigan State University, the University of Michigan and Wayne State University
ANN ARBOR - The Frankel Commercialization Fund has invested $80,000 in Fusion Coolant Systems, a developer of an advanced coolant and lubrication system that makes manufacturing more efficient. The Frankel Fund's investment was part of a $600,000 series A round that also included the Amherst Fund, Spark's Michigan Pre-Seed Capital Fund and previous investors. Part
PLEASANT RIDGE ? Internet marketing company ePrize announced this week that it has acquired Mozes Inc. that engages audiences during concerts, sporting events and live television broadcasts. Neither sale price nor revenue was disclosed, but Mozes reported $3.8 million in revenue for 2011 for Inc. magazine?s 2012 list of fastest-growing U.S. companies. Mozes placed 577th
MOSCOW - Kaspersky has turned up a cyber-espoinage operation its dubbed "Red October," and it's up there in the big leagues. But unlike its cohorts, it doesn't look state-sponsored. This is a freelance job, and it's professional grade. While Red October has only recently been discovered, it's been working behind the scenes for a long
STAMFORD - Worldwide mobile advertising revenue is forecast to reach $11.4 billion in 2013, up from $9.6 billion in 2012, according to Gartner Inc. Worldwide revenue will reach $24.5 billion in 2016 with mobile advertising revenue creating new opportunities for app developers, ad networks, mobile platform providers, specialty agencies and even communications service providers in
LIVONIA - The Annual Collaboration for Entrepreneurship is the place where Great Lakes region entrepreneurs gather to connect, be inspired and be seen. This year it is scheduled for Jan. 31 at Burton Manor in Livonia. At ACE'13, you'll join an exciting, forward-thinking community of innovators, entrepreneurs and business leaders - people like you -
SAN FRANCISCO - Anonymous may have convinced the Westboro Baptist Church to cancel its planned protest of the funeral of Aaron Swartz. A day after the news came out that the 26-year-old online activist had committed suicide, the members of WBC stated their intention to picket his funeral, which took place this week. A press
LANSING - Governor Rick Snyder announced eight expansions of government to only two limitations, the Mackinac Center for Public Policy said in its annual analysis of his State of the State Address. The worst offense the group found was the $1.2 billion he proposed in new transportation funding. "The governor and legislators rightly recognize that
LANSING - Voting will be more convenient, but more secure under changes proposed Wednesday in Governor Rick Snyder's State of the State Address, Secretary of State Ruth Johnson said afterward. A particular focus for Johnson was the expansion of no-reason absentee voting. Under the plan, voters could go in person to their local clerk's office
LANSING - Though he would not say how much of the funds would be in the budget, Transportation Director Kirk Steudle said the $1.2 billion in new transportation funds Governor Rick Snyder requested in his State of the State Address was the minimum needed. The additional funds work out to $120 per vehicle on the