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CTech's Tuesday Roundup of Israeli Tech News

CTech's Tuesday Roundup of Israeli Tech News

Amazon to officially enter Israeli market; WeWork files confidential IPO prospectus

CTech | 15:27, 30.04.19
Amazon to officially enter Israeli market. In an email sent Monday night, Amazon invited Israeli merchants active on its platform “to register to reach customers in Israel,” Israeli news website Ynet reported Tuesday. Read more

WeWork files confidential IPO prospectus. WeWork's potential IPO comes at a time where other tech juggernauts such as Lyft, Pinterest, and Uber are listing. Read more

Big retail is watching. Advanced monitoring technologies are now in the service of the retail industry, used to identify potential customers, manipulate their movements inside the stores, and make them buy more. Read more 

Ultrasound-for-eggs startup wants to save the poultry business from its own bad practices. Eggxyt's technology can detect the gender of a chick embryo before incubation, which the company says can reduce the waste of some 7 billion male chicks each year. Read more 

In line with OECD trend, low-wage jobs continue to drive employment in Israel. Israel's GDP per capita grew by only 1.33% in 2014-2018, compared to the OECD average of 2.2%, according to an OECD report published Monday. Read more

Report: Israel’s military expenditure among highest in the world. According to a new report by the Stockholm International Peace Research Institute (SIPRI), global military expenditure rose to $1.8 trillion in 2018. Read more

BIRD Foundation seeks joint Israel-U.S. energy-focused R&D projects. Each project selected will receive a grant of up to 50% of its R&D costs, at a maximum sum of $1 million. Read more

Rival for Bezeq acquisition threatens searchlight with defamation lawsuit. Both private equity firm Searchlight and Israeli businessman Gad Zeevi are bidding for Israel's largest telecom company Bezeq. Read more 

Medisafe partners with American healthcare consulting firm Lash. Lash will combine Medisafe's mobile drug compliance application into its current service programs, to help patients adhere to their drug-taking regimen. Read more

Elbit, Finland’s DA-Group partner to manufacture and market secure GPS system. Called iSNS, the system is compatible with land, sea, and airborne applications and can be installed as an add-on kit. Read more

Chipmakers Vishay Siliconix, TowerJazz expand long-term partnership. As part of the partnership, TowerJazz will produce existing and new power semiconductor products for the automotive markets in two of its factories. Read more
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