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Report: Cybercriminals Working Faster Than Ever

SAN JOSE - Malware exploits moved at unprecedented speed and volume this past year but 2009 may bring increasing cooperation among security vendors and law enforcement agencies to bring down criminal enterprises, according to the annual Trend Micro Threat Roundup & 2009 Forecast. While malware authors have always moved quickly, releasing code as soon as

By |2009-03-18T00:00:00-04:00March 18th, 2009|Archive, Events/Announcements|

Michigan House Approves Spending $873 Million Of Fed Transporation Dollars

LANSING - Spending for $873 million of the state's transportation federal stimulus funds, which will support more than 130 projects around the state, which could create 25,000 news jobs, cleared the House overwhelmingly Wednesday. Projects include repair and reconstruction of I-475 in Flint, I-94 in Ann Arbor, I-196 in Grand Rapids, as well as reconstruction

By |2009-03-18T00:00:00-04:00March 18th, 2009|Archive, Events/Announcements|

House Committee Votes To Erase Pharma Liability Immunity Law

LANSING - With the same cast returning for a repeat performance before the House Judiciary Committee that pushed the issue on both sides last session, the panel approved a package that would essentially erase the state's product liability immunity law and put prescription drugs under consumer protection laws. As they have in prior sessions, advocates

By |2009-03-18T00:00:00-04:00March 18th, 2009|Archive, Events/Announcements|

Strategic Fund Approves $6.9 Million Grant For Hemlock Semiconductor

LANSING - The Michigan Strategic Fund board Wednesday approved a $6.9 million grant to Thomas Township to make public infrastructure improvements needed for the expansion of the Hemlock Semiconductor Group's solar cell manufacturing facility, which could create up to 300 jobs over the next two years. Hemlock Semiconductor is a joint venture of Dow Corning

By |2009-03-18T00:00:00-04:00March 18th, 2009|Archive, Events/Announcements|

IBM In Talks To Buy Sun In Bid To Add To Web Heft

NEW YORK - International Business Machines Corp. is in talks to buy Sun Microsystems in a combination that would bolster IBM's heft on the Internet, in data storage and in government and telecommunications areas, according to people familiar with the matter. The two companies have a common interest in that both make computer systems for

By |2009-03-18T00:00:00-04:00March 18th, 2009|Archive, Events/Announcements|

Adobe Issues Fix For Zero-Day Reader Vulnerability

SAN FRANCISCO - Adobe Systems earlier this month issued a security update to fix a critical vulnerability in Adobe Reader 9 and Acrobat 9 that could allow an attacker to take complete control of a computer and for which exploits had been reportedly found in the wild for nearly two months. Adobe alerted users about

By |2009-03-18T00:00:00-04:00March 18th, 2009|Archive, Cyber Defense|

Automation Alley Gets $2 Million In Federal Grants

?� WSU E2Challenge Pays Student Business Startup Costs TROY - Automation Alley last week was awarded about $2 million in federal grants to funding R&D on a new more handicapped friendly commuter bus, manufacturing job training and to complete a feasibility study for a 4000 square foot expansion of its Troy headquarters. The Alley's Charles

By |2009-03-17T00:00:00-04:00March 17th, 2009|Archive, Automation Alley|

Business-Plan Writing Contest Application Deadline March 30

ANN ARBOR ? If you've been thinking about entering the spring Great Lakes Entrepreneur's Quest Business Plan writing contest, time is running out. The application deadline is 5 pm March 30. Final documents are due on May 15. Companies competing in the New Business Idea category will prepare five-page executive summaries. More established companies will

By |2009-03-17T00:00:00-04:00March 17th, 2009|Archive, Events/Announcements|

SBA Loosens Credit Restrictions To Jump Start Small Business

WASHINGTON - Treasury Secretary Geithner announced plans this week to take immediate action to help ensure that credit gets flowing again to entrepreneurs and business owners. As another part of the Consumer and Business Lending Initiative, by the end of the month the Treasury Department will begin making direct purchases of securities backed by SBA

By |2009-03-17T00:00:00-04:00March 17th, 2009|Archive, Entrepreneur Corner|

Entrepreneur Boot Camp Application Deadline March 30

ANN ARBOR - Ann Arbor SPARK's Business Accelerator is now accepting applications for its next Entrepreneur Boot Camp, scheduled April 23-24. Teams interested in participating in the two-day business planning and preparation event must submit applications by March 30. "Entrepreneur Boot Camp is a unique, hand's on learning experience for start-ups seeking a boost in

By |2009-03-17T00:00:00-04:00March 17th, 2009|Archive, Entrepreneur Corner|