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Glaring gaps in network security, I
Specialists in penetration testing take six hours to hack the FBI; hacking the networks of Fortune 500 companies takes much less time; even companies which have been Sarbanes-Oxley compliant for several years have been hacked within twenty minutes, with the hackers taking control of the business; these hackers proved they could actively change general ledgers and do other critical tasks
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Precise Biometrics in SEK 2.3 million Middle East deal
Precise strengthens its already-strong position in Middle Eastern biometric markets by signing a contract to supply its200 MC combined fingerprint and smart card readers to an unnamed government
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Technology entrepreneurs head for "startup camp"
A new trend is afoot: camps for entrepreneurs; organizers and participants say that in these camps people to mix ideas more freely than traditional conferences
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Verizon, AT&T win DHS contracts
Verizon, AT&T win contracts worth nearly $1 billion to provide DHS with IP and security services as well as emergency communication services
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Texas group sues to stop border fence
Environmentalists and immigration rights advocates have been in the forefront of the fight against the U.S.-Mexico border fence project; now, a coalition of business owners and small towns along the border has joined the battle
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Tyco sells M/A-COM for $425 million
Tyco sells its radio frequency components and subsystem business to Cobham Defense Electronic Systems
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Intercell to acquire Iomai
Intercell will expand late stage product pipeline and strengthen position in vaccine market; immunostimulant vaccine patch enhances the immune response compared to injected pandemic influenza vaccines; if tests prove successful, it would have the effect of expanding limited vaccine supplies by allowing public health officials to use fewer or lower doses of the vaccine
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Intel International Science and Engineering Fair
In the past decade, Intel has invested $1 billion worldwide to improve education; today, Intel invests more than $100 million annually to promote education and technological literacy around the world
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U.S. wireless landascpe about to change
Clearwire, Sprint Nextel to form $14.55 billion wireless company which will deploy WiMAX networks across the United States; WiMAX’s speed dwarfs current wireless technologies, holding the potential of rendering cable and phone line Internet obsolete
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Partnership to produce sugarcane-based diesel
High corn prices have driven California-based biofuel specialist Amyris to join with a Brazilian company to produce sugarcane-based diesel
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Government scrapping virtual fence on Arizona-Mexico border
Boeing’s Project 28 — showcasing advanced technologies to be used in making U.S. borders more secure — was hobbled from the start by technological glitches and delays; it delivered much less than what was promised, and DHS decides to scrap it
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Business praises proposed foreign investment rules
The U.S. Treausry Department has proposed new rules to govern foreign investment in U.S. critical infrastructure assets; business and industry groups welcom new rules
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NTR invests in SES
Irish renewable energy company buys controlling interest in SES; SES is developing two of the world’s largest solar generating projects in the Imperial Valley and Mojave Desert
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Energía renovable en Aragón
Renewable energy in Spain: Iberdola Renewables, one of Spain’s largest alternative energy companies, forms a joint venture with an Aragón bank to develop clean energy installations in the Aragon region of northeastern Spain
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ADT acquires FirstService Security for $187 million
ADT, a division of Tyco, is acquiring FirstService Security, a commercial security systems integrator providing a full range of integrated security systems services
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More headlines
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.