Two Sides of IsraelJun 19, 2012 at 11:38:13 PM
There's so much happening in Israel this week. Yes, the headlines are filled with terrible news of Gaza rockets hitting southern Israeli towns. Of the terrorist infiltration from Egypt that killed a young Israeli-Arab father of four. And of the ever-present specter of Iran speeding toward the Bomb, while stalling world powers at the “nuclear talks.”
But that's only one aspect of life in Israel. In the realm of technology, Google CEO Eric Schmidt was in town this week, praising Google's development centers in Israel as the world's most efficient.
Also this week, tech giant Facebook bought Israeli startup Face.com, which provides facial-recognition technology to help identify and tag photos. Facebook paid an estimated $100 million for this tiny 11-person company, founded just three years ago.
Meanwhile, Abby Joseph Cohen, a senior strategist at Goldman Sachs, gave her estimate of the world's top techno-powers: "China and India manufacture products requiring relatively simple technology, and a cheap workforce, and not products with high added value. Within the context of advanced technology, the U.S. and Israel are top of the table and that's an excellent reason for optimism."
To top it off, this week Shimon Peres is hosting the fourth "Israel Presidential Conference: 'Facing Tomorrow'." The conference brings together top thinkers from around the world for discussions aimed at fostering a better tomorrow for Israel and the world.
The energy here in Israel is spiraling upward. We are living in truly incredible times. Join us!