BRUSSELS - The European Union is considering creating a powerful new regulator to oversee a swath of mainly U.S.-based Internet platforms, according to an internal policy document that lays bare the deep concerns in top EU policy circles around the threat posed by companies like Google Inc. and Facebook Inc. Such a move would be
WASHINGTON DC - Federal Communications Commission staff recommended that the regulatory agency designate Comcast Corp.?s proposed acquisition of Time Warner Cable Inc. for a hearing, according to people familiar with the matter, a significant setback for the companies? merger plans, the Wall Street Journal reported. The staff reached a conclusion that the best option for
MOUNTAIN VIEW, Ca. - Google on Wednesday announced its long-anticipated wireless service in the United States, called Project Fi, which will let the customer pay for only what data they use on their phones. But for now, the program is invite-only and will only be available on Google's Nexus 6 smartphone. "It's important that wireless
TROY - Automation Alley is hosting a 24-hour hackathon to benefit the city of Detroit and is inviting the region?s brightest and best coders and computer programmers to participate for a grand prize of $5,000. The event, titled #hack4detroit, will take place at Grand Circus Detroit, June 12-13, from 7 p.m. to 7 p.m., and
ANN ARBOR - The Michigan Angel Fund closed its second fund (MAF II) with $2.05 million. MAF II will make its first investment this spring, and plans to invest money in eight to 10 total investments within the next two years. ?There?s no doubt that MAF plays an important role in our entrepreneurial economy. Angel
ANN ARBOR ? Network Security provider Duo Security Inc. announced Wednesday that it has raised a Series C funding round of $30 million that will be used to invest in engineering and international expansion. Duo Security has now raised $48 million from investors. This new round was led by a new investor, Menlo Park, Calif.-based
DETROIT ? Techweek Detroit kicks off again April 13, the second year in a row that the Motor City has hosted the event that offers what show promoters describe as insights and wisdom from more than 30 local and national business leaders, as well as a rather unusual elevator pitch competition that offers the winner
DETROIT - For the fourth year in a row, Detroit Public Television will showcase the ingenuity and expertise of young engineers as part of our award-winning coverage of the FIRST In Michigan Robotics State Championship. This year?s coverage will include a live web stream of the competition on April 11th from 9am until 5pm. A
LANSING - When Sen. Mike Nofs unveils his proposal for reforming the state's 2008 energy law at the end of the month, he expects to keep the 10 percent cap on electric choice competition but with new conditions, he told Gongwer News Service on Thursday. Though a lot of discussion has surrounded Nofs' (R-Battle Creek)
DETROIT - Invest Michigan announced Wednesday it has invested a total of $250,000 in five early stage technology companies through the University Commercialization Fund. The Fund is a $1 million capital pool dedicated to help Michigan?s universities transfer technology to the marketplace. Funded companies are required to secure a 100 percent match of funds, from