CTech’s Sunday Roundup of Israeli Tech News

Veterans of Unit 8200 are feeling like a million bucks (a year). An offer of $1 million a year extended to under-in-command was a hard frog to swallow for this Israeli former cyber general. Read more

ECI Telecom postpones London IPO. The Israeli telecommunication company filed its IPO registration documents in September. ECI sought to raise around $230 million. Read more

Tencent to launch WeChat payment service in Israel. AliPay, WeChat Pay's main competitor in China, began offering its services to Chinese tourists visiting Israel in January. Read more

This startup helps patients find their best shot at surviving cancer. When her mother was diagnosed with terminal cancer, entrepreneur Tzvia Bader realized finding the right treatment could become a full time job. After her own brush with cancer, Bader co-founded TrialJectory, a startup that helps patients find the right treatment for them. Read more

Opinion | A data analyst looks at his own Facebook data. From my 10 years as an avid Facebook user, the company amassed 21 megabytes of data. What can I possibly learn from it? Read more

Israel to help biotech companies go from research to manufacturing. Companies looking to set up manufacturing facilities could receive grants covering 20%-30% of the costs. Read more

Opinion | Forcing a subscription model. While recurring revenue business models offer companies many advantages, they are not a one-size-fits-all strategy, writes venture capitalist Amit Karp. Read more

Israeli insurer Phoenix sets up startup accelerator. The insurer hopes to partner with startups that develop a product it can later resell. Read more

IAI to pay $10 million to Spacecom for delayed satellite delivery. The damages, along with an additional sum of $400,000 in legal expenses, will be paid as part of an arbitration agreement between state-owned weapons and aerospace company IAI and the satellite operator. Read more

Touting deals with neighbouring states, Israel auctions offshore gas exploration rights. A new auction for gas and oil exploration rights off the Israeli Mediterranean shore is now officially open for bids, Israel's Minister of Energy, Yuval Steinitz said. Read more

News Briefs

Naver adds $5 million to recent round of web personalization company Dynamic Yield. Read more

Kadimastem gets FDA orphan drug designation for ALS drug. Read more

Peer-to-Peer Debt Trading Startup CreditPlace Raises $8 Million. Read more