Which 10 jobs are going extinct due to tech innovation and who is paying hundreds of thousands of dollars in ransom?
CTech Daily Roundup: Covid-19 cutbacks? No one told the software industry, salaries see a boost despite the pandemic
Labor Day with no labor: 10 jobs that are going extinct due to tech innovation. While technological advancements can make our lives better, it’s putting some workers at risk - let’s take a look at who might be saying goodbye to their jobs in the future. Read more
Tower to pay hundreds of thousands of dollars to hackers who paralyzed its manufacturing. The Israeli semiconductor company’s insurance firm will cover the costs for the ransomware attack. Read more
IAI introduces ‘MultiFlyer’, its new fleet of non-military helicopter drones. Multiflyer can help with disaster management, first responders, and the monitoring of large events. Read more
Office space market crunch forces construction companies to get creative. Israeli construction firms Reit 1 and Saan Zahav are investing $32 million in converting a basement in a Ra'anana tower into a server farm following Amdocs departure. Read more
Israeli tech companies sell too soon, says Koch Industries exec. Eli Groner, the managing director in Israel of Koch Industries’ investment arm Koch Disruptive Technologies, believes there could be more giant companies in Israel, if only they were given the chance to grow. Read more
Thanks to its autotech prowess, Israel accepted to global car-makers club. Despite the country not having any passenger vehicle manufacturers, Israel was invited by virtue of its advanced autotech industry. Read more
Sustainability and technology: experts weigh in on business opportunities for multinationals and startups. On Day 2 of Calcalist and ESIL's "Sustainability and Innovation Week" experts discuss the ways technology is being used to better protect the environment. Read more
Bosch, Electra to set up HVAC manufacturing facility in Israel. The companies will invest a total sum of $29.6 million in the facility that will employ 300 people in southern Israeli town Ashkelon. Read moreJohnson Matthey promoting environmental protection and sustainability via Israeli innovation. "We hope that Israel creates such a vibrant development community that we will develop more and more technologies that we can deploy all around the world," said Maurits van Tol, Chief Technology Officer at Johnson Matthey. Read more
Israel lacks land to facilitate its renewable energy goals, says Siemens Israel GM. Ariel Porat, the general manager of Siemens Israel, spoke Monday at a panel hosted by Calcalist reporter Hagar Ravet as part of Calcalist’s online conference on sustainability and innovation. Read more
“Electricity from solar power has become so cheap, no other sources can even compete.” EDF Renewables Israel CEO Ayalon Vaniche talks about the latest developments in the scorching industry at Calcalist's and ESIL Technologies’ “Sustainability and Innovation Week.” Read more