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CTech's Thursday Roundup of Israeli Tech News

CTech's Thursday Roundup of Israeli Tech News

As protests subside, the plight of Israel’s Ethiopian community is only more glaring; Tech exits nearly doubled in valuation in first half of 2019, report says

CTech | 14:56, 04.07.19

As protests subside, the plight of Israel’s Ethiopian community is only more glaring. Israel’s Ethiopian community took to the streets again on Wednesday night to protest police violence, racial profiling, and discrimination. Read more

Tech exits nearly doubled in valuation in first half of 2019, report says. Despite a year-over-year drop in the number of deals from 73 to 66, the total sum of deals jumped from $6.49 billion in the first half of 2018 to $14.48 billion—$7.58 if omitting the yet to be completed Mellanox-Nvidia acquisition. Read more

Yango Israel head Yaniv Alfi. Photo: Yair Sagi Yango Israel head Yaniv Alfi. Photo: Yair Sagi Yango Israel head Yaniv Alfi. Photo: Yair Sagi
Israel's Transportation Ministry goes after taxi-hailing company Yango. Yango drivers charge passengers an estimated fare price based on traffic data and other variables. Israeli law mandates that cab drivers can only charge the price indicated by the meter. Read more

Satellite startup NSLComm to launch first satellite into space. Founded in 2009, NSLComm designs small satellites with fabric-like, flexible dish antennas that expand in space. Read more

Tokyo-listed Dentsu backs digital communication startup Imprint. Imprint conducts market research on social media to gain insights and develop precise messaging strategies for target audiences. Read more

Elbit subsidiary to supply cyber intelligence system to Dutch police. Nasdaq and Tel Aviv-listed Elbit and its subsidiaries operate in a variety of military-oriented and technological domains, including electro-optical systems, command and control systems, and unmanned aerial vehicles.Read more

Calcalist’s Capital Markets Conference

Israel’s budget deficit can be treated, but inflation will be impacted, says economist Ori Greenfeld of Israel-based Psagot investment House. Read more

ThetaRay can detect money laundering attempts before they are carried out, says CEO Mark Gazit. Read more

Using cannabis at home should not lead to a criminal record, says former Israeli Police Chief Yohanan Danino. Read more

Security tokens are a security, and they are the future, says BDO Partner Zvi Shif. Read more

Israeli startups dream of buying other startups, says Israel Innovation Authority exec Naomi Krieger Carmy. Read more
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