ANN ARBOR - New investments through the Victors for Michigan fundraising campaign and a strong rate of return on investments pushed the market value of the University of Michigan endowment to $10.9 billion at the end of the 2017 fiscal year. A year ago, the endowment was valued at $9.7 billion. The return on investment
DETROIT - Registration for the Michigan Council of Women In Technology Foundation’s 12th annual website design competition - now open to middle as well as high school girls - is open until Oct. 31. Last year, 144 competitors from 30 schools vied for cash prizes. More students can participate since the competition is now available to middle-school girls. “We proudly host the longest-running
SOUTHFIELD – A new survey shows that the tooling industry experienced a strong third quarter, with die shops in particular experiencing an 88 percent spike in capacity utilization and mod shops reaching 81 percent capacity. Shops with revenue ranges of $10-million to $20-million are experiencing peak capacity utilization rates of 87 percent. The results come
ANN ARBOR - Genomenon has announced that it will begin offering a free edition of the Mastermind Genomic Search Engine to clinical, research and academic institutions to advance genomic analysis and DNA data interpretation. Genomenon is making Mastermind freely available to promote more rapid advances in genome analysis and DNA sequencing interpretation. Mastermind is a
DETROIT - Automation Alley is hosting a global conference focused on Industry 4.0 technologies on Nov. 9 that will include a variety of industry leading speakers and hundreds of tech and manufacturing professionals. Integr8 will focus on the integration of eight major components of Industry 4.0, also known as the Fourth Industrial Revolution — cybersecurity,
MOUNT PLEASANT - A new cooperative agreement will grant Grand Valley State University premedical students early assurance of admission to the Central Michigan University College of Medicine through the Early Assurance Program. The agreement — signed by GVSU President Dr. Thomas Hass and CMU President Dr. George Ross on October 19 in a formal ceremony
LANSING — The Michigan Supreme Court on Friday denied an appeal from big box retailer Menard Inc., effectively ending the so-called “dark store” practice of property valuation in the state. In an order handed down today, the state’s Supreme Court denied Menard Inc.’s request for an appeal in its lawsuit against the city of Escanaba because the justices
ROYAL OAK – On M2 TechCast Monday Oct. 23, Airfoil’s editorial services and media strategist, Tim Moynihan, will tell the listening audience how to connect with reporters. Automation Alley Executive Director Tom Kelly will promo his big November 8 event, Integr8. TechStak Founder Nicole Pasuit will interview two member companies. Kathleen Norton-Schock will update what’s
ANN ARBOR - On Thursday, Duo Security announced it had raised an additional $70 million in a Series D round that propelled the software-as-a-service company's valuation to more than $1 billion - only the second Michigan Venture Backed-technology company to pass this financial milestone. Duo helps defend organizations against breaches with its two-factor authentication (2FA) app. Duo’s
ANN ARBOR - Surveys and self-reports are a time-honored way of trying to predict consumer behavior, but they have limitations. People often give socially desirable answers or they simply don't know or remember things clearly. A new study by Carolyn Yoon, University of Michigan professor of marketing, and colleagues Alexander Genevsky of Rotterdam School of
