Did Apple Buy Fingerprint Security Firm For Mobile Wallet?
Hugh Pickens writes "Reuters reports that Apple will buy fingerprint sensor technology developer AuthenTec for about $356 million, striking a deal that could help Apple bring fingerprint technology, already used in mobile phones in Japan for authentication of mobile payments, to markets such as the United States, where mobile-wallet services have been slow to catch on. Some analysts expect the iPhone 5 to include some form of mobile payments technology. 'In the past 5 years, the growth of iPhone and Android smartphones has made mobile data security essential, not just a "nice-to-have" feature,' says Ben Yu, Managing Director of Sierra Ventures, one of the early investors in AuthenTec. 'People have their whole lives on the phones.' AuthenTec's embedded fingerprint scanners and other identity-related software is particularly useful now that Near Field Communications, or NFC-enabled, phones have begun to appear in the market. Analyst Colin Gillis says AuthenTec technology could potentially ...
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Found more than 1 month ago on channel
Slashdot
U.S., Afghan diplomats work toward long-term agreement
Both sides report progress on security issues as they discuss terms of the United States' 10-year commitment to Afghanistan. KABUL, Afghanistan — Diplomats from the United States and Afghanistan met formally Saturday for just the second time since the two countries signed a Strategic Partnership Agreement a year ago as they sought to hammer out a pact defining Washington's 10-year commitment to the war-ravaged country.
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U.S. returning trove of smuggled dinosaur fossils to Mongolia
NEW YORK (Reuters) - The United States will return to Mongolia more than a dozen illegally smuggled dinosaur skeletons, including two Tyrannosaurus bataars that are 70 million years old and at least...
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Found 1 week ago on channel
Reuters
U.S. seeks use of nine Afghanistan military bases after 2014
Afghan President Hamid Karzai asks for 'security and economic' guarantees in return in a post-combat security arrangement. KABUL, Afghanistan — The United States has requested the use of nine large military bases in Afghanistan after international forces complete their combat mission here at the end of next year, Afghan President Hamid Karzai said Thursday.
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U.S., allies to stage naval exercise in Gulf energy shipping hub
DUBAI - The United States and its allies are preparing for naval exercises in the Gulf energy export hub that will include minesweeping and escorting commercial ships in a region where Iran is seen as a threat both to trade and security.
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Found 1 week ago on channel
Reuters