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IrisGuard awarded Jordanian bank contract
Cairo Amman Bank, the fastest growing retail bank in Jordan, will deploy U.K. company’s iris recognition technology in its seventy branches in the Middle East
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Cobham acquires MMI Research
Large U.K. defense contractor acquires specialist in cellular telecommunications for the law enforcement and national security markets
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The future of U.K. nuclear power
In the last five years the U.K. government has been vigorously promoting the idea of a U.K. nuclear power revival; John Hutton, Secretary of State for Business, Enterprise and Regulatory Reform explains the government’s policy
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One VC's view: "Water is the next oil"
VC hopes to capitalize on an increasingly scarce resource
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CoreStreet's new access control technology making news
CoreStreet’s Card-Connected technology creates a system of stand-alone electronic locks and physical access control systems which communicate by reading and writing digitally signed data (privileges and logs) to and from smart cards; card holders thus become an extension of the physical access network in which cards, rather than of wires, carry information to and from the standalone locks
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NRG, Toshiba to promote ABWRs
There are serious questions about the security of Boiling-Water Reactor (BWR) design and construction, questions which Advanced Boiling-Water Reactor (ABWR) design was supposed to answer; not everyone is convinced; NRG Energy, Toshiba to promote and build ABWRs in the United States
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Iberdrola Renewables to launch six wind farms off Spanish coast
Spain is generating more and more of its energy from wind — and Spanish company applies for permits to open six off-shore wind farms which, in the aggregate, will generate 3,000 MW
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Southern California utility to push solar power
Southern California Edison, largest utility in California, will place 250 MW of photovoltaic generators on 65 million square feet of roofs of Southern California commercial buildings
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Company profile: ICx Technologies
ICx Technologies has been largely built through the far-sighted and strategic acquisition of seventeen companies and the formation of two others since it was founded in 2003; the successful management of this growth has positioned the company as a technology leader in the detection and surveillance fields; 2007 was the company’s most successful year ever
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Cargill to promote food safety training in China
Cargill will partner with AQSIQ to provide Chinese government officials, academics, and business leaders with food safety training to expand their knowledge in food safety management
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Homeland security: U.K. perspective // by Terry Shear, MBE
The United Kingdom is a preferred market for security companies: It has a global financial center in the City of London, years of experience in dealing with terrorism threats to its infrastructure, and has therefore reacted and developed accordingly with sophistication and expertise in the sector
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Sequiam files for Chapter 11
Orlando biometrics company claims its lead investor reneged on as much as $3 million of the firm’s $11 million loan commitment; late last week this investor announced plans to become the lead financier for Sequiam’s rival
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Fingerprint market to reach $2.1 billion by 2013
The fingerprinting/biometrics segment will reach $940 million in 2008 and $2.1 billion by 2013; next five years will be a boon to forensic technologies
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Pay By Touch discontinues biometrics services
Pay By Touch came to market with much fanfare, offering to process biometric transactions for merchants; things did not work as planned, and company discontinues service
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Canadain chocolate factory off-limit to visitors
Non-American companies exporting food to the United States must comply with the strictures of the 2002 BioTerrorism Act; for a Victoria, Canada, chocolate factory this meant prohibiting school kids from touring the factory
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More headlines
The long view
New Bill Proposes Banning TikTok in the U.S.
Both the administration and Congress have moved to limit, or even ban, TikTok in the United States because of worries about China using the Chinese-owned platform to gather personal data on millions of Americans. Justin Sherman writes that “all told, it is a noteworthy piece of legislation, and it delineates between the risk of data access and the risk of content manipulation better than then-President Trump’s executive order on TikTok.”
$4.8M to Address National Cybersecurity Workforce Shortage
Oregon State University has received $4.8 million from the National Science Foundation to help the United States close a big gap between the number of cybersecurity job openings and the number of qualified applicants for those positions.
Leveraging U.S. Capital Markets to Support the Future Industrial Network
$56 trillion is nearly three times the size of the U.S. economy. This vast pool of capital in U.S. capital markets — $46 trillion in public capitalization and another $10 trillion in private money – dwarfs that of China. Tapping U.S. equity and debt markets would enable the Department of Defense to remedy current capability shortfalls, fund technological advances from leading private-sector innovators, invest in generational transformation efforts across the military services, and upgrade antiquated global infrastructure to sustain U.S. forces.
Insurance for a Changing Climate
Among the many facets of the economy being challenged and changed by warming global temperatures is the insurance industry. Damaging extreme events such as wildfires, hurricanes, and floods are happening with greater frequency and intensity, which leaves insurance companies facing larger financial risks and paying out more in claims — and it also leaves policy holders paying higher prices to insure their homes and businesses.
Batteries Are the Battlefield
The United States is one of many countries pursuing the clean energy revolution, and which have ramped up investment in electric vehicles manufacturing and renewable energy sources to power the shift away from fossil fuels. Christina Lu and Liam Scott write that this is an industry that has already been staked out by another power: China.