The New York Times reports that Exxon and J Craig Venter's Synthetic Genomics are to work on biofuel-producing algae - presumably using some of the genetic components that Venter's researchers have been capturing from a wide variety of organisms on their bulk genome-sampling missions.
Lloyd's has taken a look at synthetic biology and decided insurers need to wise up over "systemic risks". According to Insurance Daily, the report says: "The enormity of some adverse scenarios suggests the inclusion of various forms of sub-limit in the future."
The Lloyd's report itself is available alongside the news release.