JACKSON - Commerce Guys, developers of the Drupal Commerce e-commerce system, Tuesday announced $5 million in venture funding. Commerce Guys is based in Paris, France, with its North American headquarters in Jackson. The round represents Series A funding for the company and was led by the Paris-based investment firm Alven Capital, an independent venture capital
DEARBORN - Ford Motor Co. President and CEO Alan Mulally received $58.3 million in company stock this week as part of a 2009 long-term incentive pay package, the automaker disclosed Tuesday. Mulally received 4.82 million shares of stock, but Ford withheld 1.97 million shares to pay the taxes on the stock award. After taxes, Mulally
WASHINGTON DC - Four U.S. senators sound a warning on cybersecurity, comparing our time to the days prior to September 11, 2001-the system is blinking red, and we are failing to connect the dots. Again. Editor's note: This op-ed was co-authored by Sens. John D. Rockefeller IV, (D-W.Va.), Joe Lieberman (I-Conn.), Susan Collins (R-Maine), and
SAN FRANCISCO - CNET has learned that Apple's next tablet will be called the iPad HD instead of the iPad 3. A developer who's previously provided reliable information with respect to things Apple and otherwise tells us the next iPad uses the HD moniker instead of going with "iPad 3." That matches up well with
SAN FRANCISCO - According to Richard A. Clarke's book ?Cyber War: The Next Threat to National Security and What to do about It,? North Korea, one of the least connected countries in the world, has one of the most advanced cyberwar programs. So how can this be? North Korea has four known cyber warfare units
SAN JOSE, Ca. - A group of Silicon Valley technology leaders, impatient with attempts to rewrite immigration laws, is funding efforts to help undocumented youths attend college, find jobs and stay in the country despite their illegal status. The group includes Jeff Hawkins, inventor of the Palm Pilot, and the family foundations of Andrew Grove,
GRAND RAPIDS ? The CBS News investigative TV show, 60 Minutes, featured a story March 4 about the Stuxnet virus attack on Iran ? a cyber attack examined in a new cyber crime novella, Cyber Styletto, co-authored by MITechNews.Com Editor Mike Brennan. Cyber Styletto takes a close look at the Stuxnet virus, and then predicts
DETROIT - A coalition of unions will undertake a petition drive to place a proposed constitutional amendment on the November ballot protecting the right to collectively bargain and banning the state from enacting a right-to-work law. The Detroit News reported Thursday evening that UAW President Bob King, addressing members in Washington, informed them that a
ANN ARBOR - Duo Security has been promised $5 million in venture capital financing, including cash from the investment vehicle of Google. Google Ventures, Silicon Valley-based True Ventures and Ann Arbor-based Resonant Venture Partners invested in Duo, officials announced this week. True Ventures and Resonant were previous backers of Duo, which raised $1 million in
LONDON - Global police agency says sweep in Europe and South America was in response to cyberattacks on government Web sites in Colombia and Chile. Twenty-five suspected members of the online activist group Anonymous have been arrested in sweeps across Europe and South America, the international police agency Interpol told CNET News.Com. The sweep, dubbed