LANSING - Despite the tough economy, Michigan has made discernable progress over the past several years in some key measures of entrepreneurship, according to the fifth annual Entrepreneurship Score Card, released for 2008-2009. The score card is published by the Small Business Foundation of Michigan, operated in connection with the Small Business Association of Michigan.
LONDON - Consumers and businesses in Great Britain have lost more than $1 million so far this summer from a Trojan that is infecting their computers, prompting them to log into their bank accounts, and then is surreptitiously transferring money to scammers in other countries, security researchers said on Tuesday. About 3,000 bank accounts were
REDMOND - Microsoft issued a record number of monthly patches on Tuesday, including fixes for eight critical holes affecting Windows, Internet Explorer, Microsoft Word, and other programs that could be exploited to take control of a computer. Of the 14 patches addressing a total of 34 vulnerabilities, four of them should be given priority, Microsoft
SAN FRANCISCO - It looks like there's yet another little bug that compromises the privacy of Facebook users-all 500 million of them-and it doesn't matter how a user has set the account's privacy settings. The bug can be found in the error page that comes when a user attempts to sign in but types in
ANN ARBOR - Swift Biosciences announced Wednesday it has completed a $3 million Series A financing round led by DFJ Mercury, a Houston, Texas based early stage venture capital company. DFJ Mercury was joined in the Series A by several Michigan-based individual investors who also helped launch the company with seed funding in January 2010.
ANN ARBOR ? Three Michigan companies recently received a combined total of $140,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.4 million. Detroit Electric, Ergun Technologies, and Local Orbit received the funding to support commercialization of their core products. Detroit Electric, based in Detroit, is the
GRAND RAPIDS ? aimWest, a technology networking group for West Michigan, will kick off its 2010-2011 season Aug. 18 at the Grand Woods Lounge in downtown Grand Rapids. The events starts at 5:01 pm. The event is free for aimWest members and non members alike. The door prize is an iPod Nano. Food is provided
PORT HURON - A new form of clean energy, which harnesses the movements of rivers and tides, was tested by Vortex Hydro Energy on the St. Clair River. The company, using technology developed at the University of Michigan, installed a prototype of its VIVACE converter. The formal launch is scheduled for 2011. ?Communities throughout Michigan
PLYMOUTH - ATS Engineering designers and manufacturers of a comprehensive product line of AC motors for use by specialty equipment manufacturers has named Tim Sante as North American National Sales Manager. Sante will be based in ATS Engineering?s Plymouth, Michigan offices. In the role, Sante will direct all commercial and business development activities for ATS
LANSING - Detroit Edison will be able to charge special rates to those with electric vehicles under an order approved Tuesday by the Public Service Commission. The tariff (Case No. U-16406) would allow Edison to install separate meters for the vehicles for up to 2,500 customers in its territory. Those customers would then either be