News 

How GDPR enforcement promotes development of digital ID

“These concerns are pushing digital ID and other forms of portable authentication” writes John Adams for paymentssource.com. “As more consumers start thinking about data ownership and the concept of owning your own digital ID, companies and services will feel increased pressure to shift to a more decentralized model.Regulators are handing out fines for GDPR violations, that while relatively small can have a large impact on the push for sharable identity by drawing attention to how large companies use data.Much of the technology, such as blockchain, decentralizes consumer access and thus…

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Waymo announces major expansion in Michigan, the cradle of the US auto industry

“Waymo is expanding its presence in Michigan, the state synonymous with the US auto industry” writes Jan Est for theverge.com. Jeremy Webb, senior business development project manager at the Michigan Economic Development Corp., said the company is in talks with a few locations, though it has not yet signed a lease.According to the deal with the economic development corporation, the facility must be in operation by the end of 2021 with at least 100 new employees. Source: theverge.com

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Huawei offers to open up its development labs to quell spying fears

“Huawei has said it will welcome Western requests to see its product development process as it hits back at allegations its products could be used for spying” writes Matthew Field for telegraph.co.uk. The Chinese technology giant’s chairman Liang Hua told reporters at Davos Huawei complies “fully … with local laws and regulation” and said it would let observers in to see its product labs.Mr Liang has been serving as Huawei’s acting chief financial officers after the arrest of its former CFO Meng Wanzhou, who was detained in Canada amid allegations of breaches…

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Green industrial, service units lauded 

“The congress aims to encourage industrial and service units to go green and become more environment friendly and all those participating in the event volunteered, he added” reports tehrantimes.com. The industrial and service producing units are active in fields of agriculture, oil, petrochemistry, cement, agriculture, recycling and electricity, deputy environment chief Masoud Tajrishi said during the congress. Source: tehrantimes.com

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China’s economic cheating cannot be divorced from defense concerns

“Put simply, the report makes clear that economic concerns about China cannot be divorced from defense” reports washingtonexaminer.com. That doesn’t make it any less troubling to see the link between unfair economic policies and the development of the People’s Liberation Army laid out plainly in a Defense Intelligence Agency report on China’s military power.That China’s economic ambitions are tied to its national interest, including military power, isn’t surprising: That’s been the subtext of the ongoing trade dispute between Washington and Beijing since it began.Other concerns about dual-use developments point to…

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Crypto News 

OECD Calls for ‘Delicate Balance’ in Global ICO Regulation

“The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15” writes Adrian Zmudzinski for cointelegraph.com. A Cointelegraph analysis from September of last year describes how OECD has been cautiously enthusiastic about blockchain technology.Organizers planned to focus on the use of blockchain tech in government activities and public initiatives, as well as regulatory aspects. The organization has on the other hand been reportedly less supportive of blockchain-based currencies —…

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Children risk falling behind by age four because nursery teachers are poorly educated, report suggests 

“Children risk falling behind by the age of four because nursery teachers are poorly educated, a new report suggests” reports telegraph.co.uk. Sara Bonetti, the report’s author, said: “Of course having a higher qualified workforce will have a better impact on children’s outcomes. “There is national and international evidence which shows that a highly skilled and highly qualified workforce has a positive benefit for children. “This can be physical development, such as sitting down or holding a pen correctly, socio-emotional development and cognitive development which are key to school-readiness, and pre-literacy…

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Fossil to sell smartwatch technology worth $40 million to Google, shares rise

“The sale will see a portion of its research and development team currently working on the technology moving to Google” reports businessinsider.com. (Reuters) – Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc’s Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.”The addition of Fossil Group’s technology and team to Google demonstrates our commitment to the wearables industry,” Stacey Burr, vice president of product management at Google’s Wear OS, a smartwatch…

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Tulare laying groundwork for economic boom

“According to an economic impact analysis commissioned by the Tulare Economic Development Corporation, the reopening of the hospital could generate approximately $107.1 million in economic impact annually and support more than 660 jobs” reports thebusinessjournal.com. The site plan has a hotel pad, a restaurant pad, fast food pads and some retail store pads.Tulare is piecing together a puzzle that could lead to an economic boom in the future.There is approximately 300 acres of land that developers are planning for retail, highway commercial and multi-family housing.There were 93 new business licenses…

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