GRAND RAPIDS ? 2008 was a year nearly every business would like to forget, including Cornerstone University. The faith-based institution of higher education was suffering its third straight year of declining enrollment. As a result, tuition fees plunged, while the stagnant economy crimped donations. Cornerstone posted an audited net loss of $4.8 million. Fast forward
GRAND RAPIDS ? In the old days of telecommunications, a business would buy a phone system from a single carrier and be good for a decade or so. Phones were just for voice calls or sending faxes. Not today. Alexander Graham Bell' s invention has morphed into a computer for communications that deliver audio, video,
ANN ARBOR - MichBio has appointed David McGuire as the Director, Membership & Operations. He repots to MichBio President and CEO Stephen Rapundalo. McGuire is in charge of managing MichBio?s membership goals; including awareness of existing MichBio services, the expansion of new programs, and supporting the overall health of MichBio?s member companies and in-kind partners.
SAN FRANCISCO - Security researchers have discovered a single piece of malware that is capable of spreading to four different platform environments, including Windows, Mac OSX, VMware virtual machines, and Windows Mobile devices. First uncovered last month by security company Integro, Crisis was originally described as a Mac Trojan capable of intercepting e-mails and instant
TROY - Grid4 announced Thursday that it has added three new team members in sales and sales engineering. Mark Sullivan joins Grid4 as a sales engineer after working for EDS in Pontiac as a business analyst, and as an aquarium designer and installer for a local small business. Ian Sibinic and Tyrone Hill join Grid4′s
MOSCOW - A Russian court Web site has been defaced following a verdict that saw the members of the all-female punk-rock band Pussy Riot sentenced to two years in jail. The Khamovnichesky District Court was hacked today by a group claiming to be affiliated with the U.S. branch of Anonymous. The site uploaded a message
LANSING - The Michigan Strategic Fund and the Michigan Economic Development Corporation issued a Request for Proposals from nonprofit organizations and universities in Michigan to provide specialized support services to assist entrepreneurs in launching and growing high-tech companies throughout the state. The total amount of available funding is $5.25 million. ?Early-stage companies represent high growth
WASHINGTON D.C. - The U.S. Department of Homeland Security has issued an alert warning that hackers could exploit code in Siemens-owned technology to attack power plants and other national critical infrastructure. Security researcher Justin Clarke exposed the flaw at a Los Angeles conference last week, claiming he discovered a way of spying on encrypted traffic
BOYNE CITY ? Picturesque Charlevoix County long noted as a tourist haven now has a new designation ? it has been recognized as a "Connected" community through its comprehensive broadband action plan. The Connected program, led by the non-profit?s state affiliates, supports the building of a comprehensive action plan for a connected community by reviewing
PLEASANT RIDGE ? ePrize Founder Josh Linkner and its biggest financial supporter, Dan Gilbert, are no longer part of the Internet promotions company, bought out by Catterton Partners, a Connecticut-based, consumer-focused private equity company with $2.5 billion under management. ePrize CEO Matt Wise, in an interview with MITechNews.Com Editor Mike Brennan, said Catterton Partners took