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Snyder Hopes Legislation On Second Detroit-Windsor Bridge Done By July

MACKINAC ISLAND - With legislation authorizing the process to build a new bridge between Detroit and Windsor, Ontario, submitted Wednesday for introduction, Governor Rick Snyder said he hoped the Legislature would finish work on the measure by July. And he also said the legislation, introduced by Senate Majority Leader Randy Richardville (R-Monroe), was not in

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Events/Announcements|

New initiative To Provide $3 Billion To Michigan Businesses

MACKINAC ISLAND ? Michigan's businesses will have new ways to buy and sell, raise capital, and connect with each other through the $3 million Pure Michigan Business Connect initiative announced Thursday. Huntington National Bank's guarantee to loan $2 billion over four years for commercial and small Michigan-based companies, makes up the bulk of it. Governor

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Events/Announcements|

Google Says Chinese Hackers Target US Government Gmail Accounts

JINAN, CHINA - Google Inc. said Chinese hackers targeted the Gmail accounts of hundreds of prominent people in a fresh computer attack certain to intensify growing concern about the security of the Internet. The victims, including senior U.S. government officials, military personnel, Chinese activists and journalists, were tricked into sharing their passwords with "bad actors"

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Cyber Defense|

Comcast To Offer Identity Fraud Protection Service

DETROIT - Comcast is expanding its free Constant Guard anti-botnet service for Xfinity customers to add identity fraud detection to its anti-malware and secure backup service. The Internet service provider launched a trial of Constant Guard in 2009 and took it nationwide last September, alerting customers when their computers appear to have been compromised by

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Cyber Defense|

5-Hour Energy Drink Founder Reportedly Is Financier Behind $100 MIllion Fund

FARMINGTON HILLS - Manoj Bhargava, CEO of Living Essentials, maker of the popular 5-Hour Energy drink, is reportedly the money behind the new $100 million Stage 2 Innovations Fund announced last week. This report was published Wednesday by Crain?s Detroit. Stage 2 Innovations President Simon Boag had declined last week to tell MITechNews.Com Editor Mike

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Entrepreneur Corner|

Benzina Gets $1.5 Million Investment From Groupon CoFounders

BINGHAM FARMS ? Benzinga, a media Web site that generates trading ideas, has received a $1.5 million investment from Lightbank, started by the cofounders of Chicago-based Groupon. Benzinga is a fast-growing media source that delivers streaming news, trading ideas, original commentary and analyst ratings. It will use its new resources to add personnel and fund

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Entrepreneur Corner|

Rader, Fishman New Sponsor Of Great Lakes Angels

BIRMINGHAM - Great Lakes Angels announce that the Intellectual Property law firm of Rader, Fishman & Grauer has become a Sponsor. Terms were not announced. GLA President David Weaver said he was pleased to find Rader, Fishman & Grauer willing to be active in this entrepreneurial space and be there for the companies needing assistance

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Entrepreneur Corner|

Malware Surged, Spam Fell, Symbian, Android Threats Grew In First Quarter 2011

SAN FRANCISCO - Malware surged, spam fell and threats targeting the Symbian and Android environments grew significantly in Q1, according to the latest McAfee Labs Threats Report. With six million unique samples of recorded malware, Q1 2011 was the most active first quarter in malware history. The report revealed many of the trends that had

By |2011-06-02T00:00:00-04:00June 2nd, 2011|Archive, Cyber Defense|