TheGeekHerald: ProjectGlass

Google on its ProjectGlass Google+ page made it clear that the company wont accept Glass apps with facial recognition technology.

“we won’t add facial recognition features to our products without having strong privacy protections in place. With that in mind, we won’t be approving any facial recognition Glassware at this time.”

Apart from a huge hit as a consumer product, there are no strong privacy principles towards the usage if it.

One of the possible scenario of privacy is, Consider you’re at a restaurant or a mall, attending a visit to unknown place and your photo is captured, identified and matched against the facial database. All this is being done with out your knowledge.

So, Google not taking risk without a strong privacy protection system.

Here is the Google+ post of Project glass..

Glass and Facial Recognition
When we started the Explorer Program nearly a year ago our goal was simple: we wanted to make people active participants in shaping the future of this technology ahead of a broader consumer launch. We've been listening closely to you, and many have expressed both interest and concern around the possibilities of facial recognition in Glass. As Google has said for several years, we won’t add facial recognition features to our products without having strong privacy protections in place. With that in mind, we won’t be approving any facial recognition Glassware at this time.
We’ve learned a lot from you in just a few weeks and we’ll continue to learn more as we update the software and evolve our policies in the weeks and months ahead.

Speaking at the All things Digital D11 conference, Apple chief Tim Cook spoke his interests on wearable gadgets. He said "~~Glass form-factor may be difficult"~~. And when Walt mossberg asked about other form-factors like wrist and other, he spontaneously said "Wrist is interesting".

By this way he talked we can understand the speculation on iWatch may be true.

Here is the footage of Mr.Cook on wearables.

Google just now showed off its work progress in its prestigious 'Project Glass' in a video.
In this video we can observe bunch of updates since the last official video.