Overheard at the DLD Tel Aviv Digital Conference
“Hey, Jackson! How’s your startup coming? Still living the dream?”
“We’re not really fancy yet. We still need to have that discussion.”
“Let me be Israeli for a minute and not be politically correct.”
“Let’s do it after Rosh Hashanah. Don’t let me forget, dude.”
“It’s good to laugh about Microsoft, just like it’s good to laugh about Yair Lapid.”
“They’re a pain in the ass, but you can’t get rid of investors. It’s very hard.”
“Really? People want to monitor their urine on their iPhone?”
“You’re kidding, how much?” “I don’t know — you’ll have to ask them. But an incredible amount.”
“My nephew was in this unit. They give them super hot projects like Iron Dome. Now, after that, everything looks easy.”
“The Chinese are hungry. The Thai are not so hot on Israel, but the Chinese are. So are the Taiwanese.”
“There’s so much money here on this small island.”
“I don’t care where you find them, just find me the startups.”
“I know someone who knows the woman who was almost kidnapped in Jerusalem.”
“If you get caught without a business card, you’re gonna get f—ed, man.”
“It’s not good for you, and it’s not good for him, because he has high blood pressure.”
“No, she couldn’t come. She’s doing a hackathon in Westfield over the weekend.”
“Look, if you want, you could have a presence for a couple thousand dollars.”
Microsoft Corp., Israel agree to strategic cooperation
Israel and the Microsoft Corporation have agreed to a strategic cooperation to advance computing technology.
Microsoft CEO Steve Balmer met on Monday in Israel with government officials to discuss the cooperation.
A series of memorandums of understanding will be signed in the coming days by Israel's Chief Information Officer Carmela Avner and Microsoft Israel CEO Danny Yamin, according to reports.
The agreements to be enshrined in the memorandums are in the areas of technological innovation; promoting open government policies; use of technology to reduce bureaucracy; dealing with large databases; information security and privacy protection; development of online government services; collaborative projects; and promoting Israeli technologies and start-ups, according to The Marker, the business publication of Haaretz.
Balmer met on Monday with Israeli Prime Minister Benjamin Netanyahu and Finance Minister Yuval Steinitz. Netanyahu and Balmer discussed Microsoft's commitment to Israel, its investments in the local market, and the impact it is having, according to a statement from the Prime Minister's Office.
“This is my fourth visit to Israel and I am always excited and inspired by the sheer technological ingenuity of its people and entrepreneurs, a key reason why it’s such an important market for Microsoft,” Balmer said.
Also on Monday, Microsoft launched its Windows 8 smartphones in Israel.
Chinese billionaire invests $30 million in Israeli startup
An Israeli startup company has received a $30 million investment from China’s richest man.
Billionaire Li Ka Shing has invested in the navigation technology firm Waze, which will put the money into supporting its application’s more than 7 million drivers and launch a traffic-reporting platform in China, the Israeli business daily Gloves reported.
The Waze free mobile application helps drivers find the shortest route to their destination and provides data on traffic conditions provided by its users. The company also has a social network allowing drivers to report directly to each other on road conditions. Its users live in 45 countries.
Other shareholders include Microsoft and Qualcomm.
Video courtesy of WazeGPS1.