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Technology Report

DuoSecurity

Duo Security, LastPass Partner In Two-Factor Authentication, Password Protection

The Ann Arbor-based two-factor authentication developer Duo Security Wednesday announced a new partnership with LastPass, a Fairfax, Va.-based developer of password management software.

WWJ Newsradio 950–04/02/2014

Safety Track

Belleville Firm Opens African Office For Live Streaming Fleet Camera System

Safety Track, developer of a live streaming in-vehicle camera system called UCIT, says it has opened a new office in the West African country of Benin to serve customers in the region.

WWJ Newsradio 950–04/02/2014

LTU new logo

Leaders & Innovators: John Bornoty

John Bornoty is founder of The Big Salad LLC in Grosse Pointe. The Big Salad is a restaurant chain specializing in custom salads, soups, and sandwiches. Bornoty opened the first Big Salad in in 2008 and now has seven locations with plans to continue rapid expansion. The company has been named a 2014 “Michigan 50 Companies to Watch” by Michigan Celebrates Small Business, and was recently recognized in Crain’s Detroit Business’ Salute to Entrepreneurs as the winner in the up to $5 million category. Bornoty’s entrepreneurial background began at 15 when he launched T.N.T. Entertainment, a concert promotion company. He was then recruited to join A&M Companies as the special events director, moving quickly to vice president of sales and marketing, where he was responsible for opening more than a dozen offices nationwide, with sales exceeding $20 million. In 1995, he founded Netgroup, Inc., an Internet solutions provider, and the following year also launched Interactive Media Broadcasting Company, which became the first company to broadcast live via the Internet. The Detroit Free Press named Bornoty one of the top five “Star Techies” in Michigan. He also appeared on the cover of Tokyo’s PlayGraph magazine as an American technology innovator. After he retired from Netgroup, he founded Bornoty Holdings to invest in and manage various companies that need help identifying their goals and strategies. Since 2005, he has assisted companies in the technology, insurance, payroll, and food and beverage industries. Bornoty has served as president and board member of the Detroit Executives Association and as a director of Notre Dame High School. Other boards and committees on which he has served include the Young Entrepreneurs Association and the technology committee of the Detroit Athletic Club. He received his bachelor’s degree in marketing and public relations from Wayne State University. Read the full profile at http://www.ltu.edu/leaders.

WWJ Newsradio 950–04/01/2014

Macomb-OU INCubator Velocity Center

Matt’s Favorites: Biz Culture Event, New LTU Dorm And Much More

So happy spring, people! After a couple of nice warm days we’re kind of back to reality now, but I think we’ve really broken the back of this dreadfully dreary winter. So now it’s time for all things new… including the latest news from the world of high tech, built just for you in this here newsletter. Enjoy!

WWJ Newsradio 950–04/01/2014

Economy Up

Southeast Michigan Purchasing Managers Index Strongest In Three Months

Officials say early indications suggest the economy is simply emerging from the effects of particularly harsh winter weather.

WWJ Newsradio 950–04/01/2014

Wolverine Venture Fund

UM’s Wolverine Venture Fund Invests In Life Sciences Startup

The University of Michigan’s Wolverine Venture Fund announced it has invested in NeuMoDx Molecular Inc., an Ann Arbor based company developing a new platform for high-speed, low-cost molecular testing for medical diagnostics.

WWJ Newsradio 950–04/01/2014

CDH

IT Managers Preparing For The ‘ApocalXPe’

Support for Microsoft Windows XP ends April 8, leaving anyone using the operating system open to hackers, malware, security breaches and with no technical support, unless you pay big money for it.

WWJ Newsradio 950–04/01/2014

A farmer harvests rice with a combine harvester in a paddy in Sayo city, Hyogo, Japan. Getty Images photo.

Michigan Tech Research May Lead To Hardier Rice To Feed New Billions

As the Earth’s human population marches toward 9 billion, the need for hardy new varieties of grain crops has never been greater. It won’t be enough to yield record harvests under perfect conditions. In an era of climate change, pollution and the global spread of pathogens, these new grains must also be able to handle stress. Now, researchers at Michigan Technological University have identified a set of genes that could be key to the development of the next generation of super rice.

WWJ Newsradio 950–04/01/2014

dc3

DC3 Seeks Design-Based Businesses For Residency Program

The Detroit Creative Corridor Center announced that it’s seeking competitive, design-based businesses to apply for its intensive, six-month Creative Ventures Residency Program.

WWJ Newsradio 950–04/01/2014

Hannah Center East Lansing

MSU Greenlight Biz Competition Names Winners

The second annual Greenlight Business Model Competition announces winners of the March 26 competition. Competitors who impress the panel of judges were able to win up to $50,000 in cash prizes, as well as network with angel and venture capital investors and other entrepreneurs from around the state.

WWJ Newsradio 950–04/01/2014