(TECH) A "Facebook" For Cell Phones

"Israeli company MagnetU claims it's the first social application to tell you when you're in the vicinity of people who meet your compatibility criteria, and give you full control.

MagnetU's wearable sensor helps you meet new people with similar interests.
The problem with social networking, says Yaron Moradi, CEO of Israeli startup MagnetU, is that it's too social - in the wrong way, that is.

'Most people have many general contacts, but there are few real connections,' Moradi tells ISRAEL21c. And when it comes to a meaningful relationship - personal, business, or otherwise - online bits and bytes are no substitute for real people. That's why Moradi says he created MagnetU - so there would be a networking device that could lead us to meaningful, real-life connections." (source)

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