Investment trends
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High-tech economyHigh tech more effective than tax climate in driving states' economic growth
Race-to-the-top policies are generally defined as those involving investments in education, entrepreneurship, and infrastructure; race-to-the-bottom policies involve competition among the states for jobs by using lower taxes and industrial recruitment incentives; researchers find that states with more technology classes in school, higher domain name registrations, and more people online tended to economically outperform states with a lower emphasis on technology
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Aviation securityMilestone: Trusted Traveler reaches million members
U.S. Customs and Border Protection (CBP) said the agency’s Trusted Traveler Programs have reached one million members; Trusted Traveler Programs include Global Entry, NEXUS, SENTRI, and FAST
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Law enforcement technologyIdentifying the criminals among multiple DNA samples
Providing certainty without a reasonable doubt is not possible when the DNA at a crime scene comes from multiple sources; this happens in about one in ten cases, meaning that important evidence for putting a criminal behind bars is lost; a new technique takes the uncertainty out of DNA samples, when more than one person’s DNA fingerprint is in the mix
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Energy futuresOil will run dry before substitutes roll out: study
At the current pace of research and development, global oil will run out ninety years before replacement technologies; the authors of the new study say the findings are a warning that current renewable-fuel targets are not ambitious enough to prevent harm to society, economic development and natural ecosystems
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TrendAngel investors flee seed and start-up stage in first half of 2010
Angel investors committed fewer dollars in more deals in the first half of 2010, with seed and start-up stage investing declining to its lowest level in several years, a trend that soon could impact new ventures and job creation; total investments in the first half of 2010 were $8.5 billion, a decrease of 6.5 percent over the first half of 2009
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Aviation security / biometricsSix years later, U.S. pilot's licenses still not secure
In 2004 Congress told the Federal Aviation Administration (FAA) to come up with a pilot’s license that included the pilot’s photo and could contain biometric information like fingerprints or iris scans; critics charge that today, the only pilots pictured on FAA licenses are flight pioneers Wilbur and Orville Wright, and the licenses lack biometric data
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TSA looks for commercial software to manage Secure Flight
Managing the long — very long — No Fly and Terror Watch lists is not a simple task; TSA is looking to purchase commercial software to help manage its Secure Flight program which checks the information airlines collect about passengers against DHS terrorist watch lists
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Michigan's billion-dollar experiment in diversifying state's economy yields mixed results
In 2006 Michigan embarked on a bold experiment to save its economy: making loans to fledgling companies, investing money in venture capital firms and awarding millions in grants to university professors and nonprofit groups; the project’s record is mixed, and some of the goals are yet to be achieved, but supporters say it is too early to judge the results
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The boom (or is it a bubble?) in federal cybersecurity
The Obama administration and Congress are allocating more funds to cybersecurity; much of that new spending, estimated at $6 to $7 billion annually just in unclassified work, is focused on the Washington region, as the federal government consolidates many of its cybersecurity-focused agencies in the area; some VCs warn of a cybersecurity bubble
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TrendMarket for first responders, law enforcement robotics to see robust growth
Market for first responders and law enforcement robotics reached $203.1 million in 2009; it is anticipated to reach $3.7 billion by 2016; market growth will come as border patrols and law enforcement agencies use robots to achieve broader security in a less expensive manner
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Intellectual Ventures: A genuine path breaker or a patent troll?
Intellectual Ventured has amassed 30,000 patents, spent more than $1 million on lobbying last year, and its executives have contributed more than $1 million to Democratic and Republican candidates and committees; the company says it wants to build a robust, efficient market for “invention capital”; critics charge that some of its practices are closer to that of a patent troll
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TrendUtilities to bolster smart grid cybersecurity
Annual spending on cybersecurity by electric utilities will triple by 2015, driven by investment in equipment protection and configuration management; between 2010 and 2015, Utility companies will invest more than $21 billion on cybersecurity
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Science & BusinessIrish government urged to heed entrepreneurs to rebuild economy
An Irish scientist and entrepreneur urges to government must do more to protect investment in research to encourage the creation of ‘‘world class’’ Irish companies; Donald Fitzmaurice said there were three ‘‘key enabling technologies’’ in the world — biotechnology, nanotechnology, and information and communications technology. ‘‘They are important on their own but when they converge, they open up new important possibilities, such as new materials, artificial intelligence, modified biological entities”
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Nuclear mattersWorld heading for a uranium crunch
Nuclear power has become more attractive as a result of fluctuating oil prices and growing concerns about the environment; trouble is, the world is running out of uranium
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Company in the newsAxxana, a data storage and recovery specialist raises $9 million
Axxana, an Israeli developer of data disaster recovery solutions, has raised $9 million in Series B funding; Carmel Ventures led the round, and was joined by return backers Gemini Israel Funds and serial investor Moshe Yanai
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