Google recently formed the Android Ready SE Alliance with the goal of enabling the speedier distribution of Secure Element (SE) technology for digital wallets and digital car and home keys among other products. In Google’s Pixel phones, the SE is a Titan M chip which, separate from the phone’s processor, stores encryption keys and validates the operating system. The Android Ready SE Alliance’s device manufacturers and SE sellers hope to speed up the timeline to bring a variety of these digital products to market.

Continue reading Google Alliance to Speed Up Launch of Digital Wallets, Keys

Nike may be gearing up to shut down its wearable hardware efforts, after laying off the majority of its FuelBand fitness tracker team. The 70-person team, part of the tech-focused Digital Sport division, is responsible for developing and revising hardware including the FuelBand and Nike+ sportwatch. A person familiar with the matter told CNET late last week that about 70 to 80 percent of the team was let go. However, employees from Nike Digital Tech, responsible for Web software, were reportedly not affected. Continue reading In Strategic Move, Nike Lays Off Majority of FuelBand Team