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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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The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.