WASHINGTON DC - Venture capitalists invested $17.5 billion in 1,189 deals in the second quarter of 2015, the first time since the fourth quarter of 2000 that VC investing has exceeded $17 Billion. Software companies captured $7.3 Billion of this total, the highest ever recorded. So says the MoneyTree Report from PricewaterhouseCoopers LLP and the
PLYMOUTH - Imagine being able to download a 1 gigabyte movie in just 4 seconds. With the new Comcast Gigabit Pro, a residential 2 gigabit-per-second (Gbps) service, Comcast customers in Metropolitan Detroit, Washtenaw County and West Michigan can do just that. But this incredibly fast Internet service comes at a high price. Gigabit Pro
AUBURN HILLS - On Thursday, Fiat Chrysler Automobiles' Embedded System Quality Engineering team released a Technical Service Bulletin for a software update that offers customers improved vehicle electronic security and communications system enhancements. Similar to a smartphone or tablet, vehicle software can require updates for improved security protection to reduce the potential risk of unauthorized
MILWAUKEE - A 27-year-old suburban Milwaukee man created an Internet site used as a worldwide malware marketplace that was shut down Wednesday after an investigation by 20 law enforcement agencies across the globe, federal documents filed Wednesday show. The site, known as Darkode.com, was seized by federal authorities Tuesday. A dozen people, including Daniel Placek
LANSING - Through June, local school districts, local governments, universities and the state have gone to the financial markets to float more than $5.25 billion in bonds, a figure well more than twice as much governing units issued in bonds in the same time in 2014. Much of that increase is driven by local school
WASHINGTON DC - The U.S. House, in a rare act of bipartisanship, voted 344-77 on July 2 in favor of the 21st Century Cures Act, which supporters say will speed the development and regulatory approval of medical breakthroughs. Critics say that speed would come at the expense of patients' safety. The legislation would provide an
LANSING - After more than three years of discussion and debate, the Department of Environmental Quality formally began the process Thursday of a rules change that would remove hundreds of chemicals from the list of toxics the DEQ automatically regulates in air emissions. Now at about 1,200, the number of regulated chemicals would drop to
DETROIT - Michigan Supreme Court Justice David F. Viviano is the Court's point-person for judicial training and statewide e-filing. Viviano said the expanded use of videoconferencing technology to create "virtual" courtrooms has saved the Michigan Department of Corrections nearly $5 million over the past two years. Currently, 417 courtrooms in Michigan have videoconferencing capabilities. To
GRAND RAPIDS - The New Michigan State University Grand Rapids Research Center will create 728 jobs, provide $55 million annually in wages and bring $95.6 million in economic impact to Kent, Ottawa and Muskegon counties. So says an economic impact study done for Clark Construction Company and Rockford Construction by the Anderson Economic Group. "We
DETROIT - In May, Royal Oak proposed the creation of a Smart park and put the matter to a vote of its citizens through a crowd funding site. The space will be for public gathering, free WiFi and digital information about the town's businesses.Royal Oak needed to raise $60,000 by the time the campaign ended