LANSING - State officials announced Wednesday the purchase of 135 miles of rail line from Norfolk Southern Railway as part of an effort to increase passenger rail speeds across the state. The rail, between Kalamazoo and Dearborn, is part of the Amtrak Wolverine line and officials hope to improve the rails and bed to allow
ANN ARBOR - The University of Michigan plans to invest up to $25 million from its $7.8 billion endowment in university-grown startups, U-M President Mary Sue Coleman said Wednesday. Coleman said startups would be eligible to receive up to $500,000 each from the university after they?ve secured venture capital from a separate private source, Ann
GRANDVILLE - Napier, CEO of the $780 million hosting company Rackspace, spoke with Techonomy's Adam Ludwig about the present and future of cloud computing. What?s so compelling about cloud technology? When I was a kid, my first computer was an Apple I. Every application ran locally. Now, with broadband, you can deliver exponentially more computing
NEW YORK - Cloud computing, which businesses began adopting in order to reduce costs, is now starting to change the way companies work, according to a report to be released Monday by accounting firm KPMG International. Four out of five businesses are moving or plan to move some of their computing needs to remote networks
GRAND RAPIDS ? Nominations are now being accepted for the 2012 Michigan Celebrates Small Business awards program, a prestigious annual competition that recognizes successful growing businesses and their supporters. Nominations will be accepted through Nov. 10. The winners will be honored at the 8th annual Michigan Celebrates Small Business event on April 26, 2012. Last
ANN ARBOR - Internet2 announced individual partnerships with HP, SHI International and Box to deliver new Internet2 NET+ Services, including cloud computing and infrastructure services, to Internet2 members' faculty, staff and students nationwide. ?These partnerships benefit our members by making secure and very affordable cloud computing services available anywhere, anytime,? said Dave Lambert, President and
LANSING - The State of Michigan won five awards in information technology, more than any other state, at the National Association of State Chief Information Officers in Denver, Colorado. NASCIO selected 30 state technology initiatives in 10 categories as finalists for its 2011 Recognition Awards for Outstanding Achievement in the Field of Information Technology in
ANN ARBOR ? The Ann Arbor / Ypsilanti Regional Chamber announced its line-up of nine state-level policy makers who will speak at Impact 2011, the Chamber's annual public policy forum October 14. This year?s program will include an education panel featuring State Board of Education President John Austin and a legislative forum with State Senators
DETROIT - The chief economist for General Motors told senators that the Ambassador Bridge is currently meeting the company's logistical needs, but that won't be the case if traffic picks up as they expect it will in the next two to three years. Mustafa Mohatarem said for the year, GM has made 150,000 truck shipments
SAN FRANCISCO - McAfee announced plans Tuesday to acquire privately owned Nitro Security to create a new security-information and event-management division focusing on security analytics and log management. McAfee expects to combine the Nitro Security technology with its own security-management portfolio to provide organizations greater visibility into their endpoints, network infrastructure and threats targeting the