MOUNTAIN VIEW, Ca. - Google is in "late stage" talks to acquire microblogging service Twitter, according to a report on Thursday on TechCrunch citing two unnamed sources. All Things Digital's Kara Swisher, however, on Friday said the report isn't true, also citing unnamed sources and saying the companies have only been in product-related discussions, CNET
ANN ARBOR - Great Lakes Entrepreneur's Quest set a record on March 30 when 170 teams applied to compete in the spring 2009 business-plan writing contest. The previous mark was 111 applications set in in winter 2008. GLEQ also heard on this week that the Michigan Economic Development Corp. will provide the contest with two
LANSING - GM could be split into two companies, says a report from Reuters. A new legal entity would be formed that contains all the company's profitable operations, like Cadillac, Chevrolet, GMC and Buick. And a so called "old" GM would retain all the company's money losing operations, like Hummer and Saturn. The old GM
LANSING - Beginning next summer Michigan state parks could be supported by a vehicle registration fee rather than the current windshield stickers. But that plan could also be held up in court if it passes in the coming months. A joint meeting of the House Great Lakes and Environment Committee and the Senate Natural Resources
LANSING - Ed Montgomery, charged by the White House to help families and communities adjust to the years-long contraction of the auto industry, concluded meetings with Gov. Jennifer Granholm and other officials on Wednesday with a pledge to tap into federal stimulus funds, regular budget lines and new sources to couple with existing state programs
DETROIT - General Motors Corp and Ford Motor Co on Tuesday announced a new series of incentives covering payments if customers lose their jobs, joining rivals in offering heavy discounts to attract consumers sidelined by the recession. GM, which has relied on $13.4 billion of government loans to survive since the start of the year,
DETROIT - The Obama administration used the threat of withholding more bailout money to force out General Motors Corp. Chief Executive Rick Wagoner and warned Chrysler it must merge with Fiat in the next 30 days or face a shut down. The administration's auto team announced the departure of Wagoner on Sunday. In a summary
TORONTO - Security researchers said they have discovered software capable of stealing information installed on computers in 103 countries from a network that targeted government agencies. The software infected more than 1,200 computers, almost 30 percent of which were considered high-value targets, according to a report published Sunday by Information Warfare Monitor, a Toronto-based organization
ANN ARBOR - The deadline to apply for the spring competition of Great Lakes Entrepreneur's Quest is 5 pm March 30. You do not have to submit your executive summary or business plan with your application. But if you register, you'll get a shot at winning the grand prize of $25,000 and move into the
LANSING - Michigan would start spending $2 billion of its federal stimulus dollars under a supplemental that passed the House Thursday. But Republicans held up giving HB 4258 immediate effect, arguing more accountability measures need to be added before the bill heads to the governor's desk. The bill passed on a vote of 92-16. The