Ossen Innovation, a Shanghai-based manufacturer of rare earth-coated steel materials, announced Wednesday that it has raised $22.5 million in its initial public offering this week.

In a debate that has provoked the ire of many participants, the Federal Communications Commission may adopt a series of "network neutrality" regulations proposed by FCC Chairman Julius Genachowski.

Industry leaders gathered this week at the Energy Innovation 2010 conference in Washington, D.C., to discuss the current status of U.S. energy policy, its future and what measures can be taken to achieve energy independence.

Pointing out the tremendous difficulties businesses now face in information and intellectual property management, Connecticut-based research firm Gartner has released a report citing four key "innovation forces" IT leaders can exploit to tackle data and IP management challenges.

As California tries to maintain its position as the nation's leader in high-tech innovation and startup activity, Google has turned to small tech and innovation-focused firms to build the resume of its venture capital investment arm: Google Ventures.

Following a study released this week by the U.S. International Trade Commission outlining the growing problem of piracy and intellectual property theft in China, several critics, including a number of U.S. Senators, have begun speaking out against the country's failure to adopt effective anti-counterfeiting regulations.

A Kalamazoo, Michigan-based molecular diagnostics company has won the top prize in the Accelerate Michigan Innovation Competition, receiving a $500,000 cash prize and the esteem of taking the top spot in what has been referred to as the world's largest business plan competition.

The Massachusetts Institute of Technology recently announced the implementation of a $20 million fund intended to boost technological and scientific innovation in China, while also hoping to improve collaboration with the industry and MIT itself.

In a speech delivered Tuesday, New York City Mayor Michael Bloomberg insisted that investment in innovation and centrist economic policies are key to a nationwide economic recovery.

As cloud-based services increasingly become the foundation upon which modern enterprises are built, businesses are becoming more vulnerable to cyber attacks and data leaks.