CTech's Thursday Roundup of Israeli Tech News

Avigdor Willenz is looking for entrepreneurs to do battle against Amazon, Apple, and Google; Amazon can have its cake and eat it, too

Avigdor Willenz is looking for entrepreneurs to do battle against Amazon, Apple, and Google. The Israeli tech entrepreneur sold his chip development company Annapurna Labs to Amazon in 2015 for $370 million. Read more

 

Amazon's Seattle headquarters. Photo: Shutterstock

 

 

POV | Amazon can have its cake and eat it, too. Amazon is so massive, even an announcement of it entering a new domain can cause the valuation of other retailers to fall. Its entrance into Israel will necessarily change the market. Read more

 

Teva completes $47.5 million sale of northern Israeli plant to private equity fund FIMI. Teva is selling the plant following its 2017 plan to ameliorate its crippling debt by divesting non-core businesses and closing or selling many of its manufacturing plants. Read more

 

Investors sue to block Mellanox-Nvidia deal, report says. Nvidia announced a deal to buy the Israeli chipmaker for $6.9 billion in March. Read more

 

Tourists visiting Israel for Eurovision to get free pre-charged bus passes. Israel’s transportation system shifted to a no-cash policy on buses, in December, making chargeable payment cards essential. Read more

 

Cannabis company InterCure to grow medical marijuana in Canada. The Israel-based company has announced a cannabis growing agreement with an unnamed Canadian company Wednesday. Read more

 

Train workers union sues Israel Railways for defamation. The lawsuit alleges that the railway’s management intentionally halted all trains for about two hours earlier this month, pinning the blame on the union to promote an initiative that would limit public service workers’ right to strike. Read more

 

SAP partners with cybersecurity startup PlainID. PlainID offers an online authorization system that allows companies and organizations to monitor user identity and control web access in real time. Read more