DETROIT - Last week, the cover of Time Magazine captured a snapshot of a ruined city. It could have been Stalingrad in the 1940s when young untrained Russian youths were thrown into desperate battle with one rifle shared between two men, to save a city that was already reduced to rubble. In fact last week's
ANN ARBOR ? Michigan businessman Rick Snyder, one of several Republican candidates running for Michigan Governor, says he is using his high-tech background to "leverage technology better than President Obama did in the 2008 elections." Snyder, who is running in the Republican primary in August 2010, has created Rick?s Innovation Network ? an open source
LANSING - The presence of federal stimulus money in Michigan created or saved almost 20,000 jobs, mostly in education, according to a report the state submitted to the federal government that was released Monday. The figures reflect the impact of $620.5 million of the $2.1 billion in total state spending of stimulus funds in Michigan
BURLINGAME, Calif. - Big Silicon Valley names like Vinod Khosla and Marc Andreessen managed to raise cash for new venture-capital funds in the just-ended third quarter. Lots of other aspiring dealmakers, though, were out of luck, raising more questions about the long-term health of the Venture Capital industry. VCs managed to raise just 17 new
LANSING - Funding priorities such as the Michigan Promise Grant are so critical that Gov. Jennifer Granholm said Monday she is prepared to veto other areas of the budget to help free up funding to cover those priorities if the Legislature will not approve new revenues. In a press conference, Granholm would not detail what
ANN ARBOR - What's the process for determining valuation, and who sets it? How do you get the best valuation for your business - or can you? Join the New Enterprise Forum on Oct. 15 to learn what the realities of valuation and how that affects your investment in your business. Panelists: Timothy Damschroder, Partner,
SAN JOSE, Ca. - A new zero-day exploit targeting Adobe Reader, as well as 9.1.3 and earlier versions of Adobe Systems' Acrobat, drops a backdoor onto computers using JavaScript, Trend Micro researchers warned on Friday. Trend Micro identified the exploit as a Trojan horse dubbed "Troj_Pidief.Uo" in a blog post reported by CNET News.Com. It
DEARBORN - On Monday, jexbo.com, a site for self-published authors, and SmallBiz America, a streaming radio channel for small businesses, announced that they are working together to help authors market and sell books online with the new channel, jexbo - Help for Self-Published Authors. "By teaming with jexbo, we can offer self-published authors a cost-effective
SAN FRANCISCO - There has been a marked increase in the amount of spam e-mails being sent from Yahoo, Gmail, and Hotmail accounts, according to analysts at Websense Security Labs. Websense said on Thursday that personalized spam e-mails had been sent from the compromised accounts to all of each user's contacts. The e-mails contain links
NEW YORK - While social media has garnered enormous exposure in the business press, it has translated into very little user among small business owners and managers, according to a new Citibank / GfK Roper survey. According to the survey of 500 small business executives across the United States, 76 percent have not found social