Israeli Start-up Worth Over $1B
“For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope.” Jer. 29:11
ISRAELI START-UP WORTH OVER $1 BILLION: The founders of the Mobileye car safety device have topped the $1 billion mark once again - this time with OrCam, an Israeli start-up founded in 2010. OrCam raised another $30 million after selling a 3% stake in the company last week. The device has a computer vision device that can be mounted on glasses and is designed to help visually impaired people, the blind, dyslexics, and those who tire easily of reading. It includes a miniature video camera, a processing unit, and a rechargeable power unit, and uses an algorithm through which the device can read texts. Similarly, the device knows how to identify products, colors, and currency. It can also recognize up to 100 people's faces, which the user enters into the device. According to one Mobileye expert, "Today it's clear to us that more than a billion people need the device, but the biggest segment is people with reading difficulties like the older population who get tired of reading." (Arutz-7) “And you shall remember the Lord your God, for it is He who gives you power to get wealth…” Deut. 8:18
NEW EYEDROPS COULD REPAIR CORNEAS, MAKE GLASSES UNNECESSARY: A Shaare Zedek Medical Center and Bar-Ilan University ophthalmologist has invented and patented “nanodrops” which – when placed on pigs’ corneas – have produced improvements in short-sightedness and long-sightedness. If they improve vision in humans when clinical testing is carried out later this year, the nanoparticle solution could eliminate the need for eyeglasses, Dr. David Smadja said last week. Smadja revealed that he and colleagues developed the drops at Bar-Ilan University’s Institute of Nanotechnology, and that they could revolutionize ophthalmological and optometry treatment of patients with myopia (nearsightedness), hyperopia (farsightedness) and other refractory conditions. (J.Post)
ISRAELI SMART SOFTWARE HARNESSES FLOOD OF DATA TO MANAGE DIABETES CARE: Petah Tikva-based DreaMed Diabetes has developed cloud-based software that uses machine learning to help doctors and healthcare professionals better monitor their patients with type 1 diabetes. The firm has received a CE mark from the European Union, which means it can start marketing its product in Europe. Type 1 diabetes is a chronic condition in which the pancreas produces little or no insulin, a hormone that allows glucose to enter cells and provide them with energy. When there is a deficiency of insulin, sugar builds up in the bloodstream, causing life-threatening complications. The condition affects more than 90 million people worldwide. Despite global efforts, type 1 diabetes has no cure to date and its treatment primarily focuses on managing blood sugar levels with doses of insulin. Whereas patients used to be required to prick their fingers to monitor their blood sugar levels via glucose meters, new technology has seen the sprouting of continuous glucose monitors , whose sensors function round the clock and can generate around 288 glucose level readings a day with no finger pricking needed. (Times of Israel)
EU PARLIAMENT POLITICIANS CALL FOR A FULL BAN OF HEZBOLLAH: Members of the European Union parliament sent a letter on 24 Feb. 2018 to EU High Representative Federica Mogherini, urging her to classify all of the Lebanese organization Hezbollah as a terrorist entity. "It’s outrageous that the European Union still has not denounced Hezbollah in its entirety as a terrorist organization. Hezbollah's growing arsenal and entanglement in regional conflicts severely destabilizes certain countries and the wider Middle East. It is high time to acknowledge that Islamist inspired terrorism is not only a threat to the Middle East, but is also the top threat to Europe's security." The letter was signed by a cross-section of 60 members of the European Parliament. The two co-initiators were Lars Adaktusson and Péter Niedermüller. Adaktusson said, “In order to stop Hezbollah's extensive terrorist activities, the EU approach has to change. Hezbollah is one united organization, and the EU policy cannot be based on a pretend division of this terrorist organization into a civilian and a military wing.” (J.Post)
UNIFIL PEACEKEEPERS ACCUSE LEBANESE ARMY OF HINDERING THEIR WORK: The UN force in Lebanon has accused the Hezbollah terrorist group and the Lebanese Army of hampering their work, which includes spying on the peacekeepers, in a report on 23 Feb. 2018. The report quotes a chief warrant officer for the French contingent as saying during an interview: “In the evening we never leave the barracks because the Lebanese forces are not friendly. However, that is when things happen. We are caught in the aggressor’s grip. Doing the bare minimum has become a political choice,” the officer added. A former liaison officer with the UN Interim Force in Lebanon, who was recently transferred to another post, said that “when we would detect military activities in the area, especially near the Blue Line [border with Israel], the Lebanese Army would prevent us from posting observers. It is as if those decisions did not come from them. Everyone knows that Hezbollah is using the area for the next war.” Defense Minister Avigdor Liberman and senior IDF officers have repeatedly warned that the Lebanese Army has lost its independence and become an “integral part” of Hezbollah’s network. There are some 10,500 peacekeepers deployed in southern Lebanon and 585 Lebanese civilian staff members. (J.Post)
HALEY TO ABBAS: WE WILL NOT CHASE AFTER YOU: Nikki Haley, the United States Ambassador to the UN, last week, responded to Palestinian Authority (PA) chairman Mahmoud Abbas’ speech to the UN Security Council, saying he has a choice between achieving peace and “hateful rhetoric”. Haley also made clear that while the United States is holding out its hand for peace, it will not chase after the Palestinian Arabs. “The Palestinian leadership has a choice to make between two different paths. There is the path of absolutist demands, hateful rhetoric, and incitement to violence. That path has led, and will continue to lead, to nothing but hardship for the Palestinian people,” continued Haley. “You can choose to denounce the United States, reject the USA role in peace talks, and pursue punitive measures against Israel in international forums like the UN. I assure you that path will get the Palestinian people exactly nowhere toward the achievement of their aspirations,” warned Haley. “Or, you can choose to put aside your anger about the location of our embassy, and move forward with us toward a negotiated compromise that holds great potential for improving the lives of the Palestinian people. Our negotiators are sitting right behind me, ready to talk. But we will not chase after you. The choice, Mr. President, is yours,” she clarified. (Arutz-7)
TOP IDF GENERAL WARNS OF INCREASED CHANCE OF WAR IN 2018: The chances of war breaking out on the northern border in 2018 are greater than ever before due to the victories of Syrian President Bashar Assad backed by Iran and Hezbollah, a senior IDF general said last week. This has led us to raise the level of preparedness,” said head of IDF operations, Maj.-Gen. Nitzan Alon. In the northern arena, there is a change coming due to the strategic developments in the Syrian internal fighting. The Iranians and Hezbollah, who are backing Assad, are getting freed up to start building their power,” Alon said. As Assad re-consolidates his hold on the country, Israel fears that Iran is entrenching itself deeper into war-torn Syria with its presence on Israel’s borders growing in strength. The smuggling of sophisticated weaponry and the building of a precision missile factory in Lebanon for Hezbollah has also been a growing concern for Jerusalem.
If a war were to break out, Alon warned that Iran would likely also encourage the thousands of militia fighters and proxy groups in the region, like Hezbollah, to fight Israel across the entire northern border and even on Israel’s southern front, the Gaza Strip, where Iran has been investing millions of dollars in Hamas and Islamic Jihad. It is believed that in the next war the Lebanon- based terror group will aim to fire at Israel some 1,500-2,000 rockets per day. And in case of war breaking out, the IDF would fight with “maximum force in the minimum amount of time,” Alon said.“If the next war indeed breaks out, it will be rough. But, first and foremost, it will be rough for the other side,” Alon warned. (J.Post) Intercede according to scripture: “The Lord will grant that the enemies who rise up against you will be defeated before you. They will come at you from one direction but flee from you in seven.” Deut. 28:7
ISRAELI SCHOOLS DRILL FOR MISSILE ATTACK AMID THREATS FROM IRAN: Elementary schools across Israel held emergency missile attack drills last week, as PM Netanyahu engaged in a frightening war of words with Iran. Speaking at the Munich Security Conference, Netanyahu denounced Iran for probing Israeli defenses earlier this month with a drone, a piece of which the Israeli leader held aloft. Israel responded to that incident by bombing Iranian military installations in Syria. Netanyahu warned that future incidents could see Israel take direct military action against Iran. Israel's Homefront Command cautioned that the potential for war between Israel and Iran are higher than ever. As part of its preparations for such a scenario, Israeli grade schools held exercises and drills to prepare students for a potential missile attack on the Jewish state. Homefront Command officials were on hand at many schools, as children prepared for the worst. Teachers also gave their students homework aimed at readying them for the likelihood of a regional conflagration. (Israel Today)
AMERICA’S PASTOR’ BILLY GRAHAM DIES AGED 99: A spokesperson announced on Wed. 21 Feb. 2018 that the man known as 'America's Pastor' had passed away at the age of 99 after a lifetime devoted to his faith. Graham, who died of natural causes at his North Carolina home, served as a spiritual leader to hundreds of millions of Americans as well as multiple presidents. He is survived by his five children with wife Ruth Bell, who passed away in 2007, and 19 grandchildren. “The GREAT Billy Graham is dead. There was nobody like him! He will be missed by Christians and all religions. A very special man,” wrote President Trump. First Lady Melania Trump wrote: “Saddened by the loss of Evangelist Billy Graham. He led an impactful life, touching so many people with his spiritual teachings. He will be deeply missed.” And Trump's predecessor Barack Obama tweeted: “Billy Graham was a humble servant who prayed for so many - and who, with wisdom and grace, gave hope and guidance to generations of Americans.” (UK Daily Mail) Millions of people mourn the passing of America’s great man of God. Gratitude and affection fills our hearts for all that he had to teach and impart in his amazing life. He will be greatly missed in our world.
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The suggestions, opinions and scripture references made by JNN writers and editors are based on the best information received.
Barry Segal with the Editorial Staff