CTech's Tuesday Roundup of Israeli Tech News
Connected car company Smartcar accuses car data broker Otonomo of theft; the crypto crash is an opportunity to build a better industry, says blockchain entrepreneur
15:3923.04.19
Connected car company Smartcar accuses car data broker Otonomo of theft. In a phone conversation with Calcalist Tuesday, Otonomo CEO Ben Volkow said Otonomo was caught by surprise by the accusations and is looking into the matter. Read more
Connected car (illustration). photo: Shutterstock
The crypto crash is an opportunity to build a better industry, says blockchain entrepreneur. Having lived through the dot.com crash with his first company, Bancor co-founder Eyal Hertzog has much to say about the downturn in the crypto industry. Read more
Connected car (illustration). photo: Shutterstock Israeli supermodel Bar Refaeli’s tax struggles are long from over. An Israeli court recently ruled the model will have to pay evaded taxes for an income of $4.5 million, but Refaeli still has to contend with the Israeli tax authority on two more fronts, including possible criminal charges. Read more
Facebook sets up AI team in Tel Aviv. The 10-person team will focus on machine learning algorithms that can improve the company’s internal interface and create new data analysis tools. Read more
Brainsway completes Nasdaq IPO with $27.5 million. The Israeli company develops headsets that use magnetic stimulation to treat brain disorders. Read more
Medical device company Rapid Medical raises $20 million. The Israel-based company develops devices for stroke treatment and prevention. Read more
Walmart partners with curated children stylebox Kidbox. Walmart will make Kidbox’s curated child clothing service available to customers on its website, offering seasonal clothes from a range of brands. Read more
