Israel, The New Silicon Valley

JStone

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Israel, The New Silicon Valley

A new generation of Israeli entrepeneurs is overturning the country's traditional image and turning Tel Aviv as the new centre of excellence for high-tech industry

While most of the world is still reeling from the effects of the economic downturn, Israeli's enthusiasm for launching new businesses shows no sign of abating.

The country attracts twenty times more venture capital money than the average European country per head of population. And much of the money is pouring into high-tech start-ups.

Israel has the highest concentration of scientists and engineers in the world, and four per cent of jobs are for websites like Google, which has its second largest team of developers in the country.

Technology being created by Israeli developers is now being exported across the world. Online chat and first anti-virus software were invented there

Continued: Israel: the new Silicon Valley - Channel 4 News

 
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Israeli woman refuses ultra-Orthodox dictate to move to back of bus
A woman passenger on a public bus from Ashdod to Jerusalem Friday was told by an ultra-Orthodox male passenger to move to the back of the bus. The man held the door of the bus open and would not allow it to move for approximately 30 minutes.

When other passengers began to complain about the delay, the driver called the police. The policeman who arrived on the scene spoke with the man and then also asked the woman, Tanya Rosenblit, to move to the back of the bus. When she refused, the man who had been holding the door alighted and the bus continued on its way.
Israeli woman refuses ultra-Orthodox dictate to move to back of bus - Haaretz Daily Newspaper | Israel News
 
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Warren Buffett...
We believe generally in the United States, we believe in ourselves and what a young country can achieve. Israel, since 1948, now a major factor in commerce and in the world. It's a smaller replica of what has been accomplished here and I think Americans admire that. They feel good about societies that are on the move.
[ame=http://www.youtube.com/watch?v=zaN_2nFqFtI]Warren Buffet Supports the U.S.-Israel Relationship - YouTube[/ame]


Warren Buffett Invests $4 Billion In Successful Israeli Company, Iscar...
Iscar is exceptional. I can give you an absolute, unequivocal answer You can go around the world and it's very impressive when a country of 7 million people turns out a business like this. I haven't seen anything like this in the United States. We were measuring Iscar against everything we see in the world.
[ame=http://www.youtube.com/watch?v=w7eb-fjQw5k]Warren Buffet in Israel - www.themarker.com - YouTube[/ame]
 

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