CTech's Tuesday Roundup of Israeli Tech News
Amazon to officially enter Israeli market; WeWork files confidential IPO prospectus
WeWork files confidential IPO prospectus. WeWork's potential IPO comes at a time where other tech juggernauts such as Lyft, Pinterest, and Uber are listing. Read more
Big retail is watching. Advanced monitoring technologies are now in the service of the retail industry, used to identify potential customers, manipulate their movements inside the stores, and make them buy more. Read more
Ultrasound-for-eggs startup wants to save the poultry business from its own bad practices. Eggxyt's technology can detect the gender of a chick embryo before incubation, which the company says can reduce the waste of some 7 billion male chicks each year. Read more
In line with OECD trend, low-wage jobs continue to drive employment in Israel. Israel's GDP per capita grew by only 1.33% in 2014-2018, compared to the OECD average of 2.2%, according to an OECD report published Monday. Read more
Report: Israel’s military expenditure among highest in the world. According to a new report by the Stockholm International Peace Research Institute (SIPRI), global military expenditure rose to $1.8 trillion in 2018. Read more
BIRD Foundation seeks joint Israel-U.S. energy-focused R&D projects. Each project selected will receive a grant of up to 50% of its R&D costs, at a maximum sum of $1 million. Read more
Rival for Bezeq acquisition threatens searchlight with defamation lawsuit. Both private equity firm Searchlight and Israeli businessman Gad Zeevi are bidding for Israel's largest telecom company Bezeq. Read more
Medisafe partners with American healthcare consulting firm Lash. Lash will combine Medisafe's mobile drug compliance application into its current service programs, to help patients adhere to their drug-taking regimen. Read more
Elbit, Finland’s DA-Group partner to manufacture and market secure GPS system. Called iSNS, the system is compatible with land, sea, and airborne applications and can be installed as an add-on kit. Read more
Chipmakers Vishay Siliconix, TowerJazz expand long-term partnership. As part of the partnership, TowerJazz will produce existing and new power semiconductor products for the automotive markets in two of its factories. Read more
