SHANGHAI, China - Worldwide mobile payment transaction values will surpass $171.5 billion in 2012, a 61.9 percent increase from 2011, while the number of mobile payment users will reach 212.2 million in 2012, up from 160.5 million in 2011. "We expect global mobile transaction volume and value to average 42 percent annual growth between 2011
ANN ARBOR - Online Tech is awarding two $1,000 scholarships to students interested in pursuing a career in information technology, computer sciences and healthcare information technology. The 2012 Data Security Scholarship will be available for the Fall semester. Application deadline is July 8. Applicants should show an interest in cloud computing, data computing, disaster recovery,
WASHINGTON DC - CNET has learned that the FBI has formed a Domestic Communications Assistance Center, which is tasked with developing new electronic surveillance technologies, including intercepting Internet, wireless, and VoIP communications. The FBI has recently formed a secretive surveillance unit with an ambitious goal: to invent technology that will let police more readily eavesdrop
SAN FRANCISCO - Malware increased significantly across several platforms in the first quarter, with PC malware reaching the highest levels in four years, according to a McAfee report released this week. The first-quarter report (you can read the full PDF below) also noted a huge increase in malware -- short for malicious software -- targeting
LANSING - Under Michigan House Republican legislation to be introduced on Tuesday, a reduction in the personal income tax rate would take effect October 1, three months earlier than scheduled, and boost the personal exemption. Bills on both issues will be introduced by freshman members running for reelection in competitive districts. The plan calls for
LANSING - Using high technology in education is not about the technology but using it to help children learn better, Governor Rick Snyder said Wednesday at a gathering on using the Internet to convert education. And former West Virginia Governor Bob Wise, now president of the Washington-based Alliance for Excellent Education, said states and local
LANSING - Governor Rick Snyder and the Republican-led Legislature appear well on their way to wrapping up the 2012-13 fiscal year budget by their self-imposed deadline of June 1 after they inked an agreement Wednesday on an overall framework for the budget that provides more funding for many programs than initially anticipated. The agreement calls
DETROIT - Compuware Corp. said Tuesday that its fiscal fourth-quarter profit fell 22 percent, and it gave a more somber outlook for the current year than analysts were expecting, but the company's revenue rose, and its shares climbed in aftermarket trading. Compuware, Michigan largest software company, offers products and services designed to help information technology
LANSING ? Five West Michigan businesses has granted grants, loans and other economic assistance Wednesday from the Michigan Strategic Fund that will generate up to $15.7 million in private investment and add 465 new jobs. ?These new investments show once more Michigan?s highly competitive business climate and tremendous workforce capabilities mean real opportunities for leading
LANSING ? The Michigan Economic Growth Authority Wednesday approved work plans for four brownfield redevelopment projects expected to generate $39.4 million in new investment and create or retain 512 direct jobs. ?These projects will help transform blighted, contaminated or functionally obsolete properties into a variety of new uses that will add jobs and diversify Michigan's