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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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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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Data leaks top concern for corporate computer users
New study shows that data leaks are becoming a leading source of headaches for U.S., U.K., German, and Japanese companies
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Precise Biometrics in SEK12 million Chinese deal
Swedish fingerprint specialist expands its presence in China with a SEK12 million (about GBP1 million) order
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More headlines
The long view
China’s Critical Mineral Strategy Goes Beyond Geopolitics
China dominates critical mineral refining but faces its own supply vulnerabilities, highlighting the complexity of global dependencies. A national strategy seeks to balance a focus of robust industrial policy on critical minerals while fostering international cooperation. A balanced approach involving China in global frameworks can reduce geopolitical tensions and foster sustainable supply chain solutions.
Model Reveals Supply Chain Risks Pose Major Threat to Financial Stability
Supply chain disruptions can magnify financial risks. A new model shows how risks spread from the real economy to the financial sector.
Two-Way Water Transfers Can Ensure Reliability, Save Money for Urban and Agricultural Users During Drought in Western U.S.
Researchers offer a solution — two-way leasing contracts — to water scarcity during droughts amid the tug of economic development, population growth and climate uncertainty for water users in Western U.S. states.
Recovering Rare Earth Metals from Waste Permanent Magnets
Rare earths, in particular, are characterized by chemical, electrical, magnetic, and luminescent properties that can be achieved by adding only a small amount, and their use has recently increased significantly as core materials in the eco-friendly automobile and renewable energy industries.
Police 'Need to Play a Larger Role' in Recovering Cybercrime Money
Police must become more involved in reimbursing money to victims of cybercrime, according to new research. The study also recommends that, as a priority, the police should make clear to communities that it can be relied upon in cases of economic cybercrime.