CTech’s Daily Israeli Tech News Roundup
Following backlash, gig marketplace Fiverr launches new campaign. Israeli regulator approves dual-listing on Singapore, Hong Kong and Toronto Stock Exchanges
Israeli regulator approves dual-listing on Singapore, Hong Kong and Toronto Stock Exchanges. Dual-listing for companies traded on The Tel Aviv Stock Exchange is currently approved on the London and New York Exchanges. Securities Authority Chairman Shmuel Hauser, who pushed to expand dual-listing, said that the regulator must allow the Tel Aviv exchange to compete successfully with other markets. Read more
Following backlash, gig marketplace Fiverr launches new campaign. A previous campaign by the company was criticized for promoting unhealthy work-life balance. It showed a noticeably tired woman with a caption that read "You eat coffee for lunch. You follow through on your follow through. Sleep deprivation is your drug of choice. You might be a doer." Read more
Moody’s downgrades Teva bond rating to “junk.” Moody’s is the second “big three” credit rating agency to do so. In November, Fitch changed Teva’s rating from BBB to BB, with a negative outlook, referring to Teva's "significant operational stress" and its need to reduce debt. Standard & Poor's Global still rates Teva at the lowest investment grade, after changing the company’s outlook to negative in August. Read more
Israelis Ordered Over 60 Million Packages Online in 2017—2 packages every second. According to a report released by the Israel Postal Company on Sunday, the most popular sites for Israeli shoppers are online retailer AliExpress, responsible for over 50% of all orders to Israel, and eBay. Read more
Six focus points for Indo-Israeli collaboration. On Sunday, Israeli Prime Minister Benjamin Netanyahu began his state visit to India. Entrepreneur Devsena Mishra outlines possible collaboration areas between the two countries. Read more
For Barnes & Noble, it’s 1994 all over again. The stock of American bookstore chain sunk to its lowest point since 1994, largely due to competition from Amazon. Read more
3D sensor company Vayyar unveils new sensor for the smart home. When installed at an apartment, the sensor can detect falls, track sleeping patterns and vital sign, measure activity inside and outside the apartment, and detect damage to the apartment’s infrastructure. Read more
U.S. money flows into Israeli cannabis companies. As U.S. regulators hamper cannabis-related research, Israeli cannabis startups draw the attention of investors and collaborators. Read more
