CTech's Monday Roundup of Israeli Tech News
Former Telecom Italia CEO calls his ousting a coup; El Al to compensate passengers for failing to land in time for Shabbat
El Al to compensate passengers for failing to land in time for Shabbat. After failing to land a flight in time for Shabbat earlier this month and consequently making a series of publicity faux pas, Israel’s national carrier El Al said Monday it would compensate each of the 400 affected passengers with a roundtrip flight to Europe. Read more
Fosun’s Israeli rep Is looking for healthcare, fintech, and travel technologies. Israeli venture capitalist and entrepreneur Danny Hadar is scouting Israel’s tech ecosystem for startups that want to break into the Chinese market. Read more
Twitter to grow commercial presence in Israel. The company’s first B2B event in Israel is being held Monday with attendance by hundreds of local entrepreneurs and executives. Read more
Opinion | Why digital health is hot right now. We are all becoming experts in our own health and wellbeing – from monitoring vital signs to analyzing our DNA or gut, writes Inken Braunschmidt, chief innovation, and digital officer at Halma. Read more
President of Chad, Netanyahu discuss security cooperation. Idriss Deby, Chad’s president since 1990, landed in Israel Sunday for the first- ever visit to the country by a state leader from the predominantly Muslim country. Read more
Hong Kong-based investment bank Ion Pacific raises $30 million for new fund. The fund is earmarked for investment in Israel and in Asia. Ion Pacific established a presence in Israeli earlier this year through local subsidiary IL Pacific. Read moreMatomy tumbles on Tel Aviv exchange. On Friday, the London and Tel Aviv-listed digital marketing company said it wants to renegotiate the terms of its outstanding Bonds. Read more
$10 million public offering sends interception firm’s stock plummeting. Read more
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