ANN ARBOR – After months of preparation and training leading up to the finals Feb. 16, Clot Buster – a startup developing a medical device to safely and rapidly remove clots for stroke treatment – has been named the overall winner of the 2018 Michigan Business Challenge. As the recipient of the Pryor-Hale Award for
SAN FRANCISCO - A report Wednesday says cybercrime may now be costing businesses worldwide as much as $600 billion. Why? Because criminals know it's unlikely they'll get caught. There's even a new trend called Ransomware-As-A-Service. "The digital world has transformed almost every aspect of our lives, including risk and crime, so that crime is more
ANN ARBOR - As the gig economy—where companies pay for specific tasks on a contract basis—grows, the independent workers drawn to its freedom and flexibility are met with challenges distinct from those faced by people who work at companies. Without a company to support and affirm their working identity, it can feel as precarious as
EGHAM, United Kingdom - For the first time since 2004, smartphone sales to consumers declined in the fourth quarter of 2017 from the same three months a year before as people keep their phones longer or upgrades slow. Gartner reported global sales of smartphones to end users totaled nearly 408 million units in the fourth
DETROIT - Gov. Rick Snyder on Tuesday announced his Marshall Plan for Talent to train Michiganders to fill 811,000 jobs by 2024 with an average salaries of $60,000. "Our country is facing a huge national challenge about getting people connected to careers," Snyder Thursday at the Michigan Science Center in Detroit. Snyder would focus on training programs,
LANSING - Pure Michigan was recognized by the Hospitality Sales and Marketing Association International Tuesday night with three Adrian Awards in the gold, silver and bronze categories. The awards received by Pure Michigan include the following: Pure Michigan Hidden Gems: Influencer Press Trip Influencer Marketing (Gold) Planet D: “6 Surprisingly Caribbean Water Adventures to
ROYAL OAK - Lawrence Technological University has been approved for a one-year, $100,000 extension to fund the LTU Collaboratory Gatekeeper Business Incubator. Mark Brucki, LTU Executive Director of Corporate and Community Partnerships joins M2 TechCast to provide all the details. He is joined by Cathy Koch, CEO of K-Tec Systems, an LTU Collaboratory Client. The
TROY - Altair has acquired Michigan-based TES International’s technology, intellectual property, and other assets. Terms were not announced. TES was founded in 1994 to service the “electronics cooling” market, and provides cross-industry software solutions for thermal design and packaging, custom programming, general heat transfer, stress and vibration analysis, and computational fluid dynamics. Their main CFD software, ElectroFlo,
DETROIT - NextEnergy Wednesday announced Jim Saber will be appointed president and CEO of the Detroit-based technology accelerator, effective March 2. Saber, who has led NextEnergy’s business development and technology commercialization efforts since 2004, will replace Jean Redfield who will re-join Fordsell Machine Products, the precision machining manufacturing firm she co-owns with her husband. Redfield,
LANSING - Farmers, producers and processors would be able to choose alternative energy suppliers without counting toward the 10 percent cap on electric choice under a bill discussed Tuesday in the House Energy Policy Committee. The panel took no action on HB 5387, sponsored by Rep. Gary Glenn (R-Williams Township), the committee chair. Supporters of the proposal included
