CTech's Wednesday Roundup of Israeli Tech News
Netanyahu emerges from the election as the probable winner; Israel’s business sector weighs in on the challenges facing the new government
Netanyahu emerges from the election as the probable winner. Benjamin Netanyahu’s Likud and Benny Gantz’s Blue and White party are tied with 35 seats each, but the right-wing parties are rallying behind Netanyahu. Read more
Benny Gantz (left), Benjamin Netanyahu. Photo: Reuters, EPA
Israel’s business sector weighs in on the challenges facing the new government. Recurring themes were the importance of education, more budgets to healthcare, social inequality, and the creation of a long-term fiscal policy. Read more
Airbnb retracts its decision to ban settlement listings. In November, Airbnb said that it would be banning some 200 listings in Israeli settlements in the West Bank from its service. Read more
Elbit intends to raise $186 in private offering. The defense contractor announced it has obtained the commitment of several Israeli institutional investors to acquire 1.4 million shares at a price of $132 per share. Read more
Opinion | Tesla's time in the digital world. With 25 million Twitter followers, Elon Musk’s recent announcements on the launch of Tesla Models 3 and Y created a ripple effect across the world—but what did they mean for Tesla.com’s site visits? Read more
Searchlight makes new offer to controlling shareholder of Israel’s largest telecom Bezeq. On Sunday, Internet Gold announced it received a $84 acquisition million offer for 100% of its own shares. Read more
Weight-loss pill developer Epitomee raises $8 million. Epitomee develops an orally administered capsule that affects the stomach through mechanosensory stimulation, encouraging prolonged gastric emptying and giving patients the sensation of being full. Read more
Anti-fraud startup Riskified plans to raise $200 million, Bloomberg reports. Riskified develops machine learning technologies for online retailers designed to prevent account takeover, monitor payments, and detect fraudulent transactions. Read more
Attunity shareholders approve acquisition by Qlik. Nasdaq-listed big data software services provider Attunity announced the $560 million acquisition in February. Read more
Nasdaq-listed biopharma company Chiasma raises $34.5 million in public offering. Chiasma develops octreotide capsules for the treatment of acromegaly, a rare, chronic disease typically caused by a benign tumor of the pituitary gland. Read more
