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Smiths Detection expands German facility
To meet growing demand for its Advanced Threat Identification X-ray (aTiX) systems, Smiths Detection opens a 4,000 m2 production facility in Wiesbaden, Germany
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New nuclear unit at Rolls-Royce
Rolls-Royce estimates worldwide civil nuclear power market could be worth £50 billion a year in fifteen years time; company wants a piece of the action
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Blackstone, Windland in North Sea wind farm project
U.S. investment group and German energy company forms partnership to construct one of the North Sea’s largest wind farms
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Important deals in the chemical sector
Ashland acquires Hercules, and Dow announces its plans to acquire Rohm and Haas; Ashland values Hercules at $3.3 billion; Dow is willing to pay $18.8 billion for Rohm and Haas
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Stanley closes Oberon acquisition
Purchase puts integrator on the biometrics fast track, enabling it to compete with some of the largest systems integrators in the government market for opportunities with the Defense Department
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U.K. nursery chain install biometric access control
Fourteen Busy Bees children’s nurseries install biometric access control from UK Biometric; access control will allow entry only to parents and care-givers
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Aussie biometrics system recognized
the Security Network, a non-profit industry body, declares BRS’s BioLock+ the “Most Innovative Security Product”
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Bank customers can designate one finger as "panic finger"
Can biometrics make banking more secure? Perhaps this will: New system allows customers to designate one finger as ‘panic finger”: swipe the said digit across the scanner and the transaction will appear to go through as normal even as the bank is alerted that something fishy is going on
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Voice biometrics solves PINs-related security problems
Survey shows that bank customers are worried that PINs, passwords, and security questions may not be the most viable ways of identifying individuals when it comes to accessing their details; researchers say voice biometrics is the solution
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Sagem Morpho shows TWIC-compliant biometric reader
Card is designed to read encrypted biometric data, such as a digital fingerprint, perform the match to the card holder, and perform an active card authentication across a contactless interface
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Biometrics for U.K. home bankers
Digital DNA fingerprinting technology launched to improve IT security and reduce ID theft and fraud for the U.K. banking industry
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Atos Origin wins French biometric passport contract
French IT services company missed out on the U.K. e-Borders contract, and has also failed to win a framework contract as part of the procurement for the U.K. national ID card scheme, but it finds consolation in winning the contract to manage the development and rollout of the biometric passport system in France
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Hirsch Electronics biometric station wins award
The Verification Station from the Santa Ana, California-based company wins Buildings Magazine 2008 award; “Finally…a high-end, cost-effective biometric system for more stringent security needs,” the magazine’s editors explain
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Federal money for identity programs boost biometrics market
A slew of U.S. government programs — US VISIT, the Real ID Act, TWIC, the FBI’s next-generation database, and many more — depend on biometric technology; the estimated value of potential contracts to implement federal identity-solutions programs has more than doubled since 2006, rising from $890 million to $2 billion this year; biometric companies fiercely compete — and lobby — for contracts
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The big biometric hitters
Five companies are in the lead in the competition for a share of the U.S. government biometric market; they have plowed money — a lot of money — into their lobbying activities, and some hope to strengthen their hand by hiring former administration officials
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More headlines
The long view
Not Just Beijing’s Doing: Market Factors Are Also Hitting Rare Earths Prices
Have depressed rare earths prices been engineered by the Chinese state to snuff out non-Chinese rivals before they get going? Or do they simply reflect a weak market, with demand rising more slowly than was expected by the promotors of a slew of new projects?
Emerging Threats to the U.S. Financial System
In early 2021, a freewheeling, freethinking group of investors on Reddit plowed their money into GameStop, a video game retailer that several big hedge funds had bet against. The stock price shot up, some people made millions—and, to the delight of those on Reddit, the hedge funds had some very bad days. Researchers saw the GameStop story as a cautionary tale. If investors on Reddit could work together to move the markets like that, what could an adversary like China do?