CTech’s Daily Israeli Tech News Roundup

SEC expands Mobileye insider trading probe. A tech entrepreneur doesn’t mince words when discussing Bitcoin. Israeli army pilots operational video sharing service

CTech 17:2019.11.17

SEC expands insider trading probe. On Wednesday, the U.S. Securities and Exchange Commission filed a request for international assistance in the two Mobileye insider trade cases, asking for the help of the Israeli Judicial Authorities in obtaining witness testimonials from five Israeli residents. Read more

 

Nvidia targets Mobileye. With a new hire, Nvidia targets the growing market for computer vision software plus hardware for autonomous vehicles. The biggest opponent: Israel-based Mobileye, which is already changing its stance when it comes to letting automakers influence the company’s system design. Read more

 

Like YouTube, but for combat operations. The Israeli military is testing a new internal video sharing and streaming service for use in combat operations. Dubbed “ZTube,” YouTube-like logo included, the service allows, army commanders to access encrypted video feeds in real time from soldiers and vehicles in the field. Read more

 

A killer app that lives up to its name. “You want to invest in cryptocurrency? Don’t ask the entrepreneurs what they did before. The urgent need for a shower will sour you on the investment.” After deep-diving into the Bitcoin scene, Israeli-born entrepreneur Zohar Levkovitz is back with some insights and he doesn’t mince his words. Read more

 

Sticker pack to fight mosquitoes. Israel-linked instant messaging and voice over IP app Viber introduces a sticker pack designed to raise awareness of a dengue fever epidemic which is spreading across Sri Lanka. Read more

 

Beauty, on demand. Israel-based startup Missbeez, which offers on-demand beauty services, has raised $4 million. Users of the Missbeez app can order about 70 different beauty treatments, from manicures to hairstyling, by professionals who come to the client's home.Read more

 

Insurance against cyber attacks. Cyber insurance startup At-Bay, Inc. has raised $6 million. The seed round was led by Lightspeed Venture Partners, with participation from Check Point co-founder Shlomo Kramer and LocalGlobe. Read more

 

Bio investment. Israel-based life sciences investment firm Pontifax Group led a private placement financing round for Nasdaq-listed biopharmaceutical company ArQule.Read more

 

An international boost. In an exclusive interview with Calcalist, Israeli-born businessman Idan Ofer says he’ll help Spanish soccer club Atlético Madrid go global with his connections in Asia and Central America. Read more

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