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Why is Facebook Israel in trouble and who came out of stealth with $25 million funding?

Why is Facebook Israel in trouble and who came out of stealth with $25 million funding?

CTech Daily Roundup: Iron Dome proved capable of intercepting cruise missiles in latest test of multilayered air defense system

CTech | 22:38, 15.12.20
Competition regulators are looking into Facebook Israel’s 2018 acquisition of Redkix. The social media giant did not submit notice of merger documents before buying two Israeli startups in the last three years. Read more

Noname Security launches from stealth with $25 million to help secure APIs. The continued digital transformation of businesses has left them exposed to threats and attack – something Noname hopes to stop. Read more
Tel Aviv skyline. Photo: Bloomberg Tel Aviv skyline. Photo: Bloomberg Tel Aviv skyline. Photo: Bloomberg

Covid-19 was one of the biomed industry’s finest hours, says Israeli Silicon Valley veteran. Aya Jakobovits, a trailblazer in the biomed sector who is participating in J-Ventures’ annual investor’s conference, speaks of how the coronavirus vaccines showcased the depth of new technology. Read more

 

Artlist to add new features with acquisition of Motion Array for $65 million. With focus on video content for creators, the Israeli company says it is ready to give Getty and Shutterstock a run for their money. Read more

Despite Covid-19, Tel Aviv remains among ten most expensive cities in the world for expats. Tel Aviv fell into seventh place out of the world’s top most expensive cities, with Hong Kong, Tokyo, New York City, taking the top slots. Read more

Start-Up Nation Central launches ‘UAE-IL Tech Zone’, a shared innovation community. The community, in collaboration with Nobex, Hybrid, and Fusion LA, will promote innovation and ties through regional and business partnerships. Read more

Iron Dome proved capable of intercepting cruise missiles in latest test of multilayered air defense system. IMDO head said the Defense Ministry is examining proposals for systems that can intercept hypersonic missiles. Read more

Israeli air filtration company creates car filter capable of removing Covid-19 viruses. Vootto has engineered an air filtration system that shows 99.9% efficiency at removing viruses, including Covid-19 out of moving vehicles. Read more

Employer Branding | Employer branding “combines storytelling with the employee's needs,” says WeissBeerger. To help them attract their team of data scientists and product experts, WeissBeerger employed the help of employing branding expert Raz Mitzna. Read more

MediWound to supply pineapple-based burn treatment to UAE's Ghassan Aboud Group. "GAG, through its healthcare arm, has extensive knowledge and experience in wound care and has a strong reach into the major clinical institutions in the UAE," said Sharon Malka, CEO of MediWound. Read more

Israel's Netafim offers rice farmers an alternative to flooding their paddies. Demand for rice is expected to rise 25% by 2050 and rice paddies leave too big a footprint, says director of U.N.-backed Sustainable Rice Platform. Read more

“It’s about making the world a better place,” says multilateral investor in Israel’s SeeTree. After a lead investment in Israel’s SeeTree, IFC’s William Sonneborn joined CTech to discuss the impact of Israel’s technologies on emerging markets. Read more  

Beitar Jerusalem’s new Emirati co-owner partners with ex-Unit 8200 officers. Sheikh Hamad bin Khalifa Al Nahyan’s latest collaboration with Israelis is set to focus on cyber defense, including setting up a cyber academy. Read more

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