CTech's Sunday Roundup of Israeli Tech News

Why stereo systems won’t turn into the death star. An interview with Oren Etzioni, one of the world’s leading experts on artificial intelligence, who gives his perspective on the promise and peril of the technology. Read more

Spotlight on Israeli sports tech in time for the world cup. While you won’t see an Israeli squad on the field, there’s plenty of Israeli tech at play, writes venture capitalist Eze Vedra. Read more

Volkswagen CEO visits Israel to meet with startups, prime minister. In May, the group opened an innovation and scouting campus in Tel Aviv called Konnect. Read more

Wix looking to raise $385 million in private offering. In May, Wix published its first quarter report for 2018, reporting revenue of $137.8 million, up 49% from a year earlier. Read more

LifeBeam, maker of wearable fitness assistant Vi, raises $20 million. LifeBeam was founded by two Israeli fighter pilots originally looking to develop biosensing technology for the aerospace industry. Read more

Prince William to meet with four Israeli tech startups in Tel Aviv. The British Royal is set to arrive in Israel on Monday as part of a five-day tour of the region. He will visit Tel Aviv, the West Bank, and Jerusalem. Read more

News Briefs

Israeli defense contractor IAI appoints new CEO. Read more

Hundreds of Israeli surfers protested offshore gas development. Read more

Cyber intelligence company IntSights raises $17 million. Read more

Air India to operate daily flights to Israel, reports say. Read more

Playtech takeover offer of Italian betting company Snaitech approved by regulator. Read more