DETROIT - Back in 2010, a Roland Berger study was already warning that only six to eight global players in rechargeable battery business would survive through to 2017. In fact, the process of consolidation across the Li-Ion battery market is progressing even faster than expected. Over the last two years, the industry has seen a
BRUSSLES, Belgium - NATO plans to hold its Cyber Coalition 2012 war games, the Kommersant business daily wrote Thursday. In line with the exercise's scenario NATO members come under cyber attacks from an aggressor, which is described as "an African country." However, some NATO officials admit that the alliance is preparing to resist potential attacks
WASHINGOTN DC - The Federal Trade Commission is offering a cash reward of $50,000 to whoever develops a solution to block robotic calling on both landlines and mobiles. In 2009, the FTC banned automatic commercial telemarketing calls, but solicitation is still a problem as advanced technology makes illegal, irritating calls more difficult to block. The
CUPERTINO, Ca. - Nicholas Allegra, who was hired last year after gaining fame at JailBreakMe, was let go after not responding to an e-mail offering to extend his employment. Apple's experiment with employing a hacker famous for jailbreaking the iPhone has ended. Nicholas Allegra, also known as Comex, was hired at Apple after gaining fame
GRAND RAPIDS - A123 announced it is filing for Chapter 11 bankruptcy. The once highly-trumpeted manufacturer of lithium ion batteries will sell its automotive business to Johnson Controls. Why did this venture fail? Life can be complicated and there may be a host of reasons. But it?s now obvious that the market is not there.
LANSING - The ballot proposal requiring a two-thirds legislative majority or affirmative statewide vote to raise taxes would not apply to fees or tax credits, according to an analysis by the nonpartisan House Fiscal Agency. Some critics of Proposal 12-5 have questioned whether it would apply to increasing or creating new fees, but the HFA
LANSING - The November ballot proposal to increase the state's renewable energy standard to 25 percent by 2025 is heating up again after the Anderson Economic Group released a study showing the proposal would result in up to 1,700 fewer jobs every year for 30 years. But a company involved in the wind energy industry
ANN ARBOR ? Former Michigan Film Office Director Carrie Jones is now the Executive Director of the Michigan Venture Capital Association. ?Carrie?s experience and energy are tremendous assets for MVCA and her leadership will take the organization to the next level,? said MVCA President Tim Petersen. ?It?s important that the state?s venture community have the
DETROIT ? You have until Sunday Oct. 21 to contribute to the Groupon Grassroots campaign organized by Wayne State University's TechTown to raise funds for the winner of the incubator's Startup Soup pitch competition for social entrepreneurs Nov. 9 at Gleaners Community Food Bank in Detroit. Using Groupon Grassroots collective action model, Groupon subscribers can
LANSING - John E. Nixon has been named Public Official of the Year by Governing magazine, citing his key role in Michigan?s turnaround. Nixon serves as both the State Budget Director and Director of the Department of Technology, Management and Budget. The award is given for outstanding individual accomplishment in government. Nixon will be honored