CTech's Sunday Roundup of Israeli Tech News

Israeli credit card clearance system overwhelmed in Black Friday rush. Black Friday madness has reached the Israeli market, with about 10,000 credit transactions measured per minute in the country in peak hours. Read more

An ambitious interview with Compass co-founder Ori Allon. The company’s executive chairman says Compass is the biggest brand name in U.S. real estate. Read more

Ori Alon. Photo: PR

Matomy wants to renegotiate terms of its outstanding bonds. The London-listed digital marketing company said it expects to meet with bondholders in the upcoming days. Read more

Elbit Systems completes IMI acquisition. Israeli Prime Minister and Defense Minister Benjamin Netanyahu signed off on the sale of state-owned IMI last week. Read more

Industrial AI startup Aquant raises $10 million. Aquant develops and markets machine learning software that mines historical data for insights that can shorten machinery downtime. Read more

Israeli court appoints a temporary receiver for Moshe Hogeg-linked IDC. After rejecting a disposition of property claim filed against Hogeg Tuesday, the court has now consented to a petition filed by shareholders of a company acquired by IDC last year. Read more

Opinion | My core investment thesis: long humanity. Investing in WeWork was a bet on a risky notion that blood was flowing in Facebook and Twitter feeds, in Reddit and 4Chan, writes venture capitalist Michael Eisenberg. Read more

Teddy Sagi sells holdings at online gambling company Playtech. The Israeli-born businessman founded the company in 1999 and listed it on the London Stock Exchange in 2006. Read more

Apax Partners Israel negotiating to buy Haredi supermarket chain. The private equity firm is looking to by a 50% stake in Osher Ad, a grocery chain targeting the ultra-orthodox, according to a $268 million valuation. Read more

Back to Back to the Future II. Researchers take the 29th anniversary of the worldwide release of Back to the Future II, as a chance to consider where the movie got it right, and where it got it wrong, in predicting the future. Read more