[SIGN] The Corporate Community 12/23/2017 - Morris Ruddick

[SIGN] The Corporate Community The Corporate Community By Morris Ruddick on Dec 23, 2017 01:04 am A dynamic unique to our times points to the “something more” that is needed. Fifty three of the top one hundred economies in the world are corporations (Global, Inc., Gabel and Bruner, 2003, The New Press, New York). With a handful of corporate giants controlling most of the world's energy, technology, banks, industry, food, and media, this means there are corporations that function as kingdoms, with amazing resources at their command. In view of the political, social and economic framework that we unconsciously depend on for our future, this dynamic unlocks a remarkable dimension to understanding the role of this generation’s emerging Josephs. It represents an extraordinary potential to navigating through challenging times. As Egypt served during a time of great famine in the days of Joseph, so there will be economic-community havens immune to the prevailing disruptions. They will be driven by unconventional alliances, not unlike what operated between Pharaoh and Joseph. They will function as communities of refuge and serve overriding Kingdom purposes. Click to read full article »     Recent Articles: Closing the Divide Beyond Ourselves Materialism Antidote Entanglements Guard the Gates

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Israeli start-up to turn down $1 billion acquisition by Facebook

Report: Israeli start-up to turn down $1 billion acquisition by Facebook

Thursday, May 30, 2013 |  Israel Today Staff  

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Israel

Israeli start-up Waze, which provides a real-time navigation and traffic report app for smartphones, is reportedly set to turn down a $1 billion dollar acquisition bid by Facebook in order to keep its team in Israel.

With the improved GPS capabilities of newer smartphones like the iPhone and various Android handsets, Waze has seen a huge increase in usage in recent years, and today has an estimated user base of 48 million worldwide.

Waze competes directly with the "Maps" applications provided by Google and Apple, at least when it comes to traffic and road navigation. Most users say that in these situations, Waze manages to far outdo both of the technology giants.

That's what makes Waze a natural acquisition for Facebook, which competes with both Google and Apple on many fronts, but has yet to jump into the GPS-based navigation game.

But, according to American technology website "AllThingsD," talks between the two companies are breaking down. Despite a massive potential payday for the Israeli start-up, the Waze team has reportedly made keeping the bulk of their operations in Israel a red line, while Facebook is presumably insisting that Waze move to its headquarters in California.

Accurate or not, this news is being met with a fair amount of national pride in Israel, where innovative start-ups spring up all the time, but almost always accept a foreign buy-out when it is offered.