CTech's Sunday Roundup of Israeli Tech News
Can more Israelis join the country’s tech boom? Two reports draw conflicting conclusions; Predictive analytics company Fifth Dimension shuts down
14:4616.12.18
Can more Israelis join the country’s tech boom? Two reports draw conflicting conclusions. Jewish, non-Orthodox men take up 74.1% of the country’s tech jobs. Two-thirds of tech companies operating in Israel that participated in a recent survey reported having zero Arab employees. Read more
Predictive analytics company Fifth Dimension shuts down. The company, which develops predictive policing and threat assessment technologies for governments and financial institutions, let all employees go and sold its business. Read more
Fosun mulling float of Dead Sea cosmetics manufacturer Ahava, exec says. In 2016, Fosun paid $77 million for a controlling share of the Israel-based company, which develops and manufactures skin care products. Read more
The Dead Sea. Photo: Getty Images Opinion | Don’t forget to tip the delivery bot. The aim of rolling robots is to make local delivery faster, smarter and more cost-efficient. They are also far less creepy than their airborne drone cousins, writes researcher Dov Greenbaum. Read more
Opinion | Six investment trends that will shape Israeli tech in 2019. From the European recovery to changes in emerging markets, these are the trends that will affect Israeli tech in the upcoming year, according to Haggai Ravid, CEO of Israeli investment house Cukierman & Co. Read more
Vivendi calls for urgent Telecom Italia board meeting to replace Elliott’s board members. The move came just one month after the board voted to sack former CEO Amos Genish, appointed by Vivendi in September 2017. Read more
Teva chooses new Israeli headquarters in Tel Aviv. The company will relocate from Petah Tikva, 8 kilometers east of Tel Aviv, to northeastern Tel Aviv neighborhood Ramat HaHayal in mid-2020. Read more
Over 100 investors, venture capital firms join SOSA’s New York cybersecurity network. In October, SOSA was named a partner of the New York City Economic Development Corporation (NYCEDC) in an initiative to turn the city into a cybersecurity hub. Read more
