SAN FRANCISCO - Several U.S. banks were hit with online attacks over the past few months, but it's been unclear who was responsible. Now, government officials and security researchers are saying Iran was waging these cyberattacks, according to a report by the New York Times. "There is no doubt within the U.S. government that Iran
ANN ARBOR - Four Michigan companies have received a combined total of more than $156,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $3.2 million. The companies received the funding to support commercialization of their core products. ?Funding through the Michigan Microloan Fund Program provides critical
SAN FRANCISCO - Hundreds of thousands of websites are potentially at risk following the discovery of an extremely critical vulnerability in the Ruby on Rails framework that gives remote attackers the ability to execute malicious code on the underlying servers. The bug stems from the way Rails handles formatted parameters. The bug is present in
GRAND RAPIDS ? Blue Medora has received $1.25 million in investments from Start Garden and Grand Angels. Blue Medora develops software for IBM Tivoli Monitoring and Oracle Enterprise Manager. Start Garden, a $15 million seed fund created by Rick DeVos, the grandson of Amway co-founder Richard DeVos, invested $500,000. Grand Angels, a regional group of
GRAND RAPIDS - The Michigan Small Business & Technology Development Center has received more than $3.3 million from the U.S. Small Business Administration to be used for continuing operations in the 11-regions of the state. The MI-SBTDC provides counseling, business education, information-based planning and technology commercialization to new and existing businesses throughout Michigan?s 83 counties.
TROY - Where is Michigan's tech industry heading? Grab a copy of Automation Alley's 2012 Technology Industry Report to find out. The report will debut at Automation Alley's Technology Industry Outlook event Feb. 5 at Automation Alley Headquarters in Troy. The regional comparison study, From Rust to Resurgence: Detroit?s Regional Technology Economy, contains information compiled
DETROIT - The Small Business Administration has issued a call for applications from fund managers for the second year of its early-stage venture capital program. The application deadline is March 1, the federal agency said in a news release. The program is part of the SBA?s Small Business Investment Company, or SBIC, debentures program and
BLOOMFIELD HILLS - The Michigan Israel Business Bridge has announced a partnership with the BuyIsraelGoods campaign to identify local merchants who carry Israeli products on their store shelves as well as from online retailers. The Michigan Israel Business Bridge is partnering with the Michigan Chapter of StandWithUs in this effort to bring awareness of merchants
SOUTHFIELD - The inaugural Design Catalyst Award will be presented to Bob Lutz, former General Motors and Chrysler vice chairman, on Jan. 15 during the North American International Auto Show in Detroit. The Design Catalyst Award honors an individual who recognizes and enables great design in the global automotive industry. Lacks Enterprises Inc. is the
REDMOND - Microsoft's regular Patch Tuesday rolls around next week. But one flaw that won't be fixed in the mix is the latest zero-day exploit in Internet Explorer. Last Saturday, Microsoft warned about the zero-day flaw in IE 6, 7, and 8 that could allow attackers to gain control of Windows computers to host malicious