CTech's Sunday Roundup of Israeli Tech News

A Tel Aviv rooftop with a view to New York. A panel of venture capitalists assembled to discuss The Israeli Hop—the bi-continental existence many Israeli startups opt to go for. Read more

Nas Daily’s next adventure: Building a viral video empire. Three years ago, Nuseir Yassin decided to quit his high-paying tech job to travel the world and create daily one-minute videos. Read more

 

 

Government appoints Amir Yaron as new Governor of the Bank of Israel. The Israeli-American economist has spent the last 20 years in the U.S. He is currently a professor at the Wharton School at the University of Pennsylvania. Read more

In an effort to avoid elections, Netanyahu dodges his government, own party’s officials. The Israeli prime minister canceled a series of meetings Sunday in what political commentators say is an effort to avoid calling early elections.Read more

Russian multinational Yandex to launch Yango taxi hailing service in Israel. The company's main rival in Israel is Gett, the local taxi hailing market leader. Gett and Yandex are already competing on the latter’s home turf. Read more

Gett is on the lookout for buyers, Bloomberg reports. Citing people familiar with the matter the report says the company has approached potential bidders including car-hire firms. Read more

The commercial drone industry is flying high, but it still has regulatory obstacles to clear. Despite efforts by governments around the globe to promote drone innovation, regulatory policy has restricted the acceleration of commercial drone usage, writes Flytrex CEO. Read more

Sears closes Israeli development center. Sears Holdings Corporation filed for Chapter 11 bankruptcy last month. Earlier this month, the company announced it would be closing an additional 40 stores throughout North America, on top of the more than 140 stores it had announced previously. Read more

Matomy unloads mobile advertising operator MobFox. Tightline Holdings, which is owned by Israel-born businessman Teddy Sagi, buys MobFox for $7.5 million. Read more

Israeli cloud startup Darillium raises $2 million. Darillium develops cloud platforms designed to optimize workload deployment. Read more