TROY - The Venture Michigan Fund II Tuesday announced its first investment commitment to MK Capital II, a technology venture capital fund that focuses on emerging companies in the digital media, software and education industries. MK Capital has offices in Ann Arbor, Chicago and Los Angeles. ?We are very pleased with the quality responses we
SAN FRANCISCO - Want to wipe location-tracking data that's being stored on your iPhone without your permission? There's an app for that, but you've got to jailbreak your iPhone first. Several tools have cropped up as a fix for people riled up about the fact that iPhones (and iPads) are surreptitiously logging unencrypted location-related data
NEW YORK - Apple Inc.'s iPhones and Google Inc.'s Android smartphones regularly transmit their locations back to Apple and Google, respectively, according to data and documents analyzed by The Wall Street Journal?intensifying concerns over privacy and the widening trade in personal data. Google and Apple are gathering location information as part of their race to
LANSING ? The Michigan Economic Development Corporation announced state approval of a 15-year, 3.89-acre Agricultural Processing Renaissance Zone in Grand Traverse County that will be home to an expanded Shoreline Fruit processing facility. The project is expected to create a minimum 40 jobs and generate $7.5 million in private investment. ?Michigan?s renaissance zones are designed
DETROIT ? Michigan's business roundtable forecasts continued economic improvement for both the U.S. and Michigan economies over the next 18 months. The specifics of the Business Leaders for Michigan first quarter 2011 survey include: The U.S. economy will continue to improve and sustain those gains over the next 18 months. The Michigan economy will also
LANSING - Michigan topped at least 47 other states in the 2011 Area Development Gold Shovel Award business competition that recognizes states that drive job creation through innovative policies, new employers, and investments in new and expanded facilities. ?This recognition demonstrates our ability to grow business and adds to our momentum as a state,? said
LANSING - The Michigan State Police today fired back at claims that it has been using handheld machines called "extraction devices" to download from smart phones personal information from motorists they pull over, even if they're not suspected of any crime. The Michigan branch of the American Civil Liberties Union last week said it was
LANSING - The first major difference on spending between Governor Rick Snyder and the Republican-led Senate emerged Tuesday as Senate subcommittees dramatically reshaped his plan for funding K-12 schools and universities. Snyder has proposed transferring $896 million from the School Aid Fund, traditionally used only for K-12 schools, into aid to community colleges ($196 million)
LANSING ? ACD.Net has begun work on its 1,017-mile fiber network that will provide thirty-two counties in Michigan, and many rural areas, with very high-speed Internet connections. The Lansing-based company opened a collocation site in Muskegon last year that provides low-cost data and voice services. ACD.net also is building out collocation sites in Traverse City,
LANSING - Governor Rick Snyder's plan to convert discretionary revenue sharing from traditional payments to money local governments could obtain if they follow guidelines on financial transparency, setting performance metrics, service sharing and public employee benefits appears to have strong legislative support. The Senate Appropriations General Government Subcommittee approved a budget (SB 177 ) Tuesday