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How to reach a $10 billion market cap without making a profit and who will end up winning the 5G Cold War?

How to reach a $10 billion market cap without making a profit and who will end up winning the 5G Cold War?

CTech Daily Roundup: Website building platform Wix shares many similarities with Zoom, including a generous boost from Covid-19

CTech | 21:37  18.06.2020

How does a company that never turned a profit reach a valuation of $10 billion? Website building platform Wix shares many similarities with Zoom, including a generous boost from Covid-19. Read more

5G Tech | 10 Israeli companies banking on 5G success. There are currently over 25 companies in Israel working on 5G related tech, from giants like Intel to small early-stage startups. Read more

Wix stock has surged since its IPO. Photo: Courtesy Wix stock has surged since its IPO. Photo: Courtesy Wix stock has surged since its IPO. Photo: Courtesy

5G | When it comes to 5G, colorful conspiracies have trumped boring old facts. A victim of poor timing, 5G will forever be associated with the Covid-19 pandemic. Read more

5G | U.S. or China: Who will end up winning the 5G Cold War? This Cold War is not about advanced weaponry or the pursuit of noble causes like social ideology or conquering outer space. This time it is about the long and tedious battle over advanced telecommunication technology. Read more 

Technion students conduct test flight of 3D printed aircraft. The first test flight that was conducted on May 15 demonstrated that the unmanned glider is capable of flying straight and horizontal at sea level, including maneuvers. Read more

This startup can translate babies’ crying. LittleOne Care’s device clips on to the baby’s clothes, and monitors their vital signs and listens to the noises the baby makes and analyzes the different tones and vibrations to alert the parents as to why the baby is crying. Read more 

CEO of Sapiens to employees "we recently encountered a cyber incident that may have caused you some discomfort." Sapiens sent a letter to its workers, customers, and suppliers reporting the ransom attack that cost it about a quarter of a million dollars. Read more

Navigation is coming to scooters. Shared electric-scooter company Bird will offer users in Tel Aviv and Paris the option to navigate with a new app based on technology by Israeli company Trailze. Read more

Sheba Medical Center names Intel winner of Covid-19 data challenge. The group competed against 30 other finalists who were judged through ‘shark-tank’ style presentations. Read more

9 Israeli tech startups transforming the world of infotainment. Israel has hundreds of startups dedicated to the media industry. CTech has compiled a list highlighting those making an impact in the Infotainment space worldwide. Read more

Israel-based Apolicy raises $3.5 million from StageOne Ventures. The company also unveils a new policy platform for cloud-native environments. Read more

Arbox raises $2 million from Pico Ventures. The startup's management platform for gyms and fitness studios serves around half a million users. Read more

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