ANN ARBOR - NanoBio Corp., a biopharmaceutical company, announced Wednesday that it has closed a $22 million Series B financing round after recently securing an additional $10 million investment from NanoBio's majority shareholder Perseus, L.L.C., based in New York, N.Y., and Venture Investors of Madison, Wis. and Ann Arbor. The $10 million is in addition
TROY - On July 21, Automation Alley will present, as part of its Survive and Thrive series, a morning program that will discuss the pros and cons to having a Human Resources department compared to outsourcing. Your HR Department is an untapped resource for enhancing profitability. Hear from local HR experts who will discuss important
TROY - The nomination deadline for Automation Alley's Annual Awards Gala is right around the corner - Friday, July 10. Eight awards are up for grabs. The Gala is Southeast Michigan�??s most prestigious, competitive honors for technology organizations and their leaders and will be held Friday, September 25 at the Roostertail in Detroit. Nominations are
SOUTHFIELD - R. L. Polk & Co. has developed a solution for automotive manufacturers and dealers to help them identify and target consumers eligible for the recently signed Consumer Assistance to Recycle and Save program, dubbed Cash for Clunkers. The government initiative allocates $1 billion in funding to encourage consumers to replace older, less fuel
WASHINGTON DC - It is possible to use publicly available data on state and date of birth to predict someone's Social Security number, particularly if they were born after 1988 and in smaller states, according to an article published Monday in The Proceedings of the National Academy of Sciences. The ability to use statistic inference
KANSAS CITY - If you thought a $99 Netbook was a bargain, Sprint Nextel's plan to sell Netbooks for a buck is a real steal. Sprint has teamed up with mega-retailer Best Buy to sell the Compaq Mini 110c-1040DX Netbook for 99 cents with a two-year service contract. The offer is good at participating Best
ANN ARBOR - Michigan could lose 310,700 jobs during 2009, the latest forecast from the University of Michigan-based Research Seminar in Quantitative Economics said, the worst year for job losses in the state since the 1950s. And the latest forecast for job losses is 2.5 times the number of jobs the organization predicted back in
DETROIT - Four Michigan and Ontario, Canada, based angel investors have banded together to create Nouveau Angel Capital Corp., which plans to raise $18 million on the Canadian public market to invest in start-up companies in Michigan and Ontario. This band of angels includes a member of the Great Lakes Angels, based at TechTown in
ONEKAMA - Solar Works, an exhibitor at the Michigan Energy Fair, is selling some innovative new alternative energy products, including a mini solar voltaic mobile unit. To listen, click on MITechNews.MediaRica.Com a>>
ONEKAMA - AT&T hopes to have about 15,000 work vans on the road across America over the next 10 years powered by natural gas or hybrid electric powertrains. So far, in a limited California experiment, the phone company is reaping a one-third equivalent fuel-cost savings over unleaded gasoline, an AT&T manager said during the Michigan