DETROIT - Four years ago, a couple of brothers came up with the idea of creating a video online web site to play each other for money. On Sept. 15, GamerSaloon.Com launches its Madden 11 Tournament with $5000 in cash prizes up for grabs. The site has attracted some 300,000 members who have won nearly
DETROIT - Jonathan Browning, Volkswagen Group's international sales coordinator, has been promoted to chief executive of Volkswagen of America, the company announced on Monday at a news conference in Washington. Browning, 51, joined Volkswagen in June and was in charge of improving interaction between the sales arms of the group's 10 brands. He previously held
PITTSBURGH - The US-CERT warned Friday of a new mass-mailing worm that contains a link to what looks like a PDF file but instead is a malicious screensaver file that will interfere with security software on Windows-based computers and spread the message to everyone in the e-mail address book. Subject lines of the variants include
NEW YORK - Three in five economists surveyed by The Wall Street Journal expect the U.S. Federal Reserve to resume large-scale purchases of securities in the face of a deteriorating economic outlook but, by a 3-to-2 margin, most of them also think that would be a mistake. The survey showed economists continuing to cut their
DETROIT ? Leslie Smith has been on the job less than two months ? she is the new general manager at Wayne State University's TechTown ? but she already understands the magnitude of the task facing her at one of the world's largest business incubators. "Understanding all the moving pieces here," she answered when asked
FARMINGTON HILLS - The Detroit chapter of TiE also known as Talent, Ideas, Enterprise presents annual TiE Midwest 20 Startup Awards 2010 at TiECon Midwest annual conference to be held at The Henry Dearborn, October 28 and 29. Nomination deadline is Sept. 23. TiECon Midwest 2010 is an entrepreneurial conference, attracting hundreds of entrepreneurs, venture
ANN ARBOR ? Entrepreneurs who want to be matched to a coach in the Great Lakes Entrepreneur's Quest business-plan writing contest need to apply by Oct. 15. GLEQ Executive Director Diane Durance said any entrepreneur applying after that date will be on their own to develop a six-page executive summary, which is due no later
SAN FRANCISCO - Security firm Trend Micro has found malicious files in the wild related to a zero-day exploit in Adobe Reader and Adobe Acrobat. The file that Trend Micro spotted on the Web called TROJ_PIDIEF.WM includes two "downloaders" called TROJ_DLOADR.WM and TROJ_CHIFRAX.BU. According to Adobe Systems, which first mentioned the exploit Wednesday, the malicious
LANSING - Governor Jennifer Granholm Thursday announced an upcoming conference with Japanese officials to discuss the importance of economic development, and also to share mutual efforts to promote more investment and job creation both in Michigan and Japan. The 42nd Annual Midwest U.S.-Japan Association Conference will be held September 12 -14 at the Renaissance Center
LANSING - An agreement in principle to resolve the 2009-10 and 2010-11 fiscal year budgets, including legislation designed to encourage the retirement of state employees as a way to save money, was reached Tuesday. The framework remained tentative with legislative leaders wanting to run the plan, as agreed to with Governor Jennifer Granholm, by their