CTech's Sunday Roundup of Israeli Tech News

Teva to relocate U.S. headquarters to New Jersey. The relocation will include the transfer and creation of over 800 positions. In December, the Israeli headquartered drugmaker announced a far-reaching cost-cutting plan to deal with its multi-billion debt. Read more

Black Cube tempered with Hungarian election campaign, report says. Politico reported that the Israeli spy firm was hired to discredit Hungarian NGOs ahead of the recent elections won by right-wing Prime Minister Viktor Orbán. Read more

A country made of plastic: Israel’s addiction to disposable tableware. As countries worldwide attempt to reduce plastic consumption, in Israel demand for disposable tableware is on the rise. Read more

Benson Oak sets up dedicated investment fund for Israeli market. The fund, which will focus on blockchain and consumer-facing companies, has already raised $25 million with the intention of raising a total of $100 million by the end of the year. Read more

Opinion: the transportation transformation. The future of mobility invites optimism, but as transportation is changing, we should remember it is on us to chart the course, writes Max Marine, an analyst at Israeli lool Ventures. Read more

Cybersecurity company Safe-T Group submits preliminary prospectus for a Nasdaq IPO. The company is currently listed on the Tel Aviv Stock Exchange and on the OTCQB venture market. Read more

Opinion: five signs that institutional investors will get into crypto in 2018. Mutual funds, pension plans, and endowments are gearing up to get into the crypto ecosystem, writes cryptocurrency venture capitalist, Eli Mizroch. Read more

Opinion: metrics to focus on during the growth stage of your SaaS journey. As your company grows, you may find that while metrics are necessary to track progress, they are insufficient to deeply understand how to maximize your company’s growth trajectory. Read more

Ofo shuts down Israeli pilot. In a statement sent to Calcalist Sunday, the company said the move is part of a decision to focus on mature markets including the U.S. and Europe. Read more

Israeli accelerator affiliated with French IT firm Prodware announces first cohort selection. As part of the six-month program, companies will receive business and financial mentoring aimed at breaking into the global market. Read more