CTech's Monday Roundup of Israeli Tech News
Some Israeli tech entrepreneurs will fly across the globe to take part in Israel’s general election; Twitter suspends Chinese accounts suspected of attempts to influence Israeli elections, report says.
Election | Twitter suspends Chinese accounts suspected of attempts to influence Israeli elections, report says. The accounts, operated by Chinese Christian movement Church of Almighty God, reportedly boosted the messages of right-wing Israeli politicians ahead of the country’s general election on Tuesday. Read more
Interview | In bed with Israeli direct-to-consumer mattress company Nectar. The company’s co-founder and chief marketing officer lays down the details behind the online mattress supplier’s success. Read more
Tel Aviv suburb Ramat Gan to sprout 520-meter-skyscraper. Ramat Gan recently approved plans to add nine additional stories to an already approved skyscraper, bringing it to 120 floors and making it Israel’s tallest building. Read more
Central Tel Aviv street to double occupancy with 2,850 new apartments. The city of Tel Aviv is advancing a plan to build thousands of new apartments atop existing buildings along Ibn Gvirol Street, a busy residential and commercial street and the seat of city hall. Read more
Israeli hotel chain unveils new VIP terminal at Tel Aviv airport. With services costing between $265 and $485, the new 1,300-square-meter complex features private check-in points and border control, as well as resting rooms with a shower and a butler. Read more
Israeli Ormat, Spanish Sacyr awarded contract for Bolivian geothermal venture. The 24-month, $18 million project will result in the highest altitude geothermal plant in the world, 4,980 meters above sea level. Read more
Matomy considers sale of debt-causing subsidiary back to original owner. Failing to meet the deadline for acquiring the remaining 10% stake in its subsidiary Team Internet, Matomy is now required to sell the company back to its previous owner at a 40% discount. Read more
Acquisition offer made to controlling shareholder of Israel’s largest telecom Bezeq. Internet Gold is the final controlling shareholder of Bezeq, via its stake in Bezeq’s controlling shareholder BCOM. Read more