LANSING - The Michigan Senate Banking and Financial Institutions Committee unanimously approved legislation Thursday that would allow businesses seeking investors through crowdfunding to avoid having to register the stocks sold to those investors. No major changes were made in the S-2 substitute for HB 4996 , which would allow companies to seek up to $1
SAN FRANCISCO - Computer scientists have developed malware capable of establishing communications between devices that don't have active network connections. The discovery threatens the perceived protection of the "air gap" that separates standalone devices. Using the built-in microphones and speakers found on PCs, the lab-created prototype malware uses inaudible audio signals to transmit small amounts
SAN FRANCISCO - Researchers have unearthed an online database full to the brim of stolen account information from popular services including Facebook, Yahoo, Twitter, and Google. On Tuesday, the security team at Trustwave's SpiderLabs revealed in a blog post that the database contained 1.58 million stolen usernames and passwords, CNET News.Com reported. The login credentials
EAST LANSING - Michigan State University has developed its Transportation Center on Highway Pavement Preservation to develop new strategies for extending pavement life. The new center will receive $1.4 million during the first year of the program and is expected to receive similar funding levels for the next year, with funding through 2017. Karim Chatti,
LANSING - Bills regulating how much in incentive money the Michigan Economic Development Corporation can use in its business attraction and retention programs as well as toughening some reporting requirements cleared the House Commerce Committee on Thursday. Several changes were made to the bills. In the H-2 substitute for SB 269 , instead of removing
DETROIT - The Southeast Michigan Purchasing Managers Index for November is 58.3, down from 63.1 in October. Despite a slow-down in the rate of growth, the three-month average for the economy registered a robust 60.4. A PMI value above 50 generally suggests economic growth. ?Purchasing managers attribute the slow-down to a weakening in production and
LANSING - Michigan's overall economic competitiveness is improving, according to the results of a second annual public policy study conducted by Northwood University on behalf of the Michigan Chamber Foundation. "Michigan is on an aggressive comeback path," said Dr. Timothy G. Nash, of Northwood University, who led the study. "Clearly, when you look at Michigan's
ROCHESTER ? The Michigan Council of Women in Technology Foundation raised more than $290,000 on Nov. 23 from members and supporters at the Annual Signature Gala at the elegant Royal Park Hotel. The fund raiser featured live jazz, gorgeous decked halls, women in evening gowns and men in tuxedos, and a silent auction that when
LANSING - Fifty-six percent of 600 likely voters polled by Lambert, Edwards and Associates said they believe the state economy is headed in the right direction - a 9 percent increase from those who thought the same in July - but only 11 percent of those polled plan to spend more than they did last
SOUTHFIELD - TST Tooling Software Technology of Clarkston and Vero Software of Gloucestershire, United Kingdom have made an in-kind grant of Edgecam software with a retail value of $750,000 to Lawrence Technological University. Edgecam is a Vero product distributed by TST. It is a computer-aided manufacturing (CAM) software package that interfaces with almost all computer-aided