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CTech's Thursday Roundup of Israeli Tech News

CTech's Thursday Roundup of Israeli Tech News

Apple passes over Intel in search for 5G chips for the iPhone. Former employee of Israeli surveillance company indicted for attempt to sell spyware for $50 million on darknet

CTech  :  2018-07-05T16:25:36..

Apple passes over Intel in search for 5G chips for the iPhone. Apple has notified Intel it will not use a mobile modem developed by the chipmaker in its next-generation mobile device, according to documents reviewed by Calcalist. Read more

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Former employee of Israeli surveillance company indicted for attempt to sell spyware for $50 million on darknet. An Israeli court lifted its gag order on the indictment of NSO Group, an Israel-based company that develops and sells a spyware for intercepting intercept mobile phone calls and remotely control devices. The company’s clients, subject to approval from the Israeli Ministry of Defense, include governments and law enforcement agencies. Read more

Israeli crypto exchange to inform Tax Authority about large transactions. The exchange agreed to pass on information about clients who have made transactions of over $50,000 in total in the past 12 months. Read more

Blockchain technology company ConsenSys expanding Tel Aviv office. ConsenSys develops decentralized applications on open-source operating system Ethereum. Read more

Opinion: No payout yet for Intel's 5G gamble. If working with Apple is a benchmark of quality, the company’s decision to drop Intel as a provider is a warning sign and could influence other Intel customers. Read more

News Briefs

Spy firm Black Cube adds former Israeli police chief to advisory board. Read more

Enlight Renewable Energy buys rights for wind turbine farm in Spain. Read more

Cost-cutting at CureTech following cancellation of acquisition deal with Insight. Read more

Rakuten plans to make cryptocoin available in Russia within a year. Read more

Dutch animal feed company Nutreco invests in medical aquafarming startup ViAqua.Read more

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