A New York-based hedge fund said Monday that it wants to buy Compuware, Michigan’s largest technology company.
Elliott Management Corp. has offered to buy the company for $2.3 billion at $11-a-share. Elliott currently owns 8 percent of the Detroit-based software company.
If you want to get fit but don’t have equipment, you get a gym membership.
But what if you want to create something but don’t have a workshop or the tools to make it happen?
Well, there’s a place in Detroit called TechShop, and it functions a lot like a gym for carpenters, welders, designers, engineers and the like.
TechShop is a new facility that recently opened up in Allen Park near Detroit.
Members pay about $100 a month to access hundreds of thousands of dollars in tools and equipment. They can also take any of the 100 or so classes offered every month to teach members how to use the tools.
Founders of a new startup company are trying to help teens create a professional online presence.
The website Meritful.com launched this week. It's sort of a LinkedIn for students.
Social media sites like Facebook and Twitter are among the top sites where teens connect with friends and talk about their lives. But a lot of teenagers also posting embarrassing stories or pictures that can have some unplanned consequences as they apply for colleges, internships, and jobs.
Azarias Reda is one of the founders of Meritful. "In this day in age a digital presence is a very important currency, something that you have to protect and build. And high school really is the time to start," he said.
Listen to full interview above to learn more about the Ann Arbor startup.
DETROIT (AP) - A Detroit university is playing a role in early but promising efforts to find and extract new energy sources.
A research project at Wayne State University is among 14 across 11 states involved in work on methane hydrates. These are structures that look like ice but have natural gas locked inside.
The project builds on what the U.S. government calls a "successful, unprecedented" test on Alaska's North Slope that produced a steady flow of gas from methane hydrates.
DETROIT (AP) - A media company that hosts conferences on the relationship between technology, economy and social progress is setting its sights on Detroit.
Technonomy Detroit plans to bring together local and national tech leaders September 12th at Wayne State University. The list includes Twitter co-founder Jack Dorsey and Steve Case, chief executive of investment firm Revolution LLC and co-founder of America Online.
Topics for discussion include the future of manufacturing and its impact on jobs, and "Is Detroit the Next Berlin?"
Schools around the county are considering digital textbooks as a more affordable and modern update to paper textbooks, and a West Michigan school district will pilot an "etextbook" program this year.
The Muskegon Chronicle reports Mona Shores Public Schools' students in select classes will receive their own computers to test how the etextbooks compare to traditional methods.
The Ann Arbor District is thinking outside of the box with a new collection called "Music Tools."
The small collection features quirky instruments and sound processors. It includes items with futuristic names that make sounds like hovering spaceships and funky clicks and clacks.