Google CEO Larry Page and New York Mayor Michael Bloomberg announced the partnership at a news conference on Monday at the company’s headquarters in the heart of Manhattan’s high-tech zone.
Officials at Google estimated the market value of the space, which will be provided to the joint venture between Cornell and Technion, at between $10 million and $12 million.
“This is a major step towards the fulfillment of Mayor Bloomberg’s vision to seed the city with entrepreneurs and start-ups,” said Technion president Peretz Lavie.
“We need to create a new academic model for this time and this place and this industry and that’s exactly what we are going to do,” said David Skorton, president of Cornell University. “The key, we believe, is engagement between world-class academics and companies and early-stage investors. Co-location is critical, connecting academic research and industry in sort of a mixing bowl and seeing what happens.”
Cornell and Haifa’s Israel-based Technion beat out six other bids, including one from Stanford University, based near Palo Alto, California.
“Technology continues to do more to transform lives and improve lives,” added Google’s chief executive Larry Page. “Imagine if we could double that number of people dedicated to changing and improving the world through technology.”
Article source: http://www.israelnationalnews.com/News/News.aspx/156082
Store ? Factory54
Where ? Herzeliah, Israel
According to Israel’s “Hadashot HaBidur” (Entertainment News), Berkovich, who is attending the festival to promote the film “Soulmate,” which she stars in, met RedFoo at a party of the vodka brand Belvedere. The two reportedly left the party together holding hands, and then headed to RedFoo’s hotel room, probably to do some party rockin’.
Campbell, accompanied by her partner, the Russian billionaire Vladislav Doronin, plus 15 close friends and six security personnel, is staying at Jerusalem’s famed King David Hotel.
On Sunday, Campbell visited the Western Wall and enjoyed a private tour of the Western Wall tunnels. The itinerary for the remainder of her visit has not been publicized.
Source: Times Of Israel