CTech's Monday Roundup of Israeli Tech News
Amnesty International takes legal action against Israeli surveillance company NSO; Three Israelis rank among Sunday Times’ top 50 U.K. richest people list for 2019
15:0513.05.19
Amnesty International takes legal action against Israeli surveillance company NSO. Members of the human rights organization filed a petition with Tel Aviv district court, asking for NSO’s export license to be rescinded after its malware was allegedly used to spy on an Amnesty staff member. Read more
NSO co-founders Omri Lavie (right) and Shalev Hulio. Photo: Bar Cohen Tips | Must-have apps for the overwhelmed visitor to Tel Aviv. Ahead of the Eurovision festivities scheduled for this week, thousands of tourists are flooding the city’s streets. Read more
Tel Aviv’s flirtation with Airbnb has turned into a full-blown love affair. A third of the new housing units added to the Tel Aviv market in 2018 went on to be offered exclusively to short term rentals through Airbnb, according to a new report. Read more
Teva no longer largest company on TASE after U.S. legal troubles sink stock. International Flavors & Fragrances (IFF), which listed on the Tel Aviv exchange in October following its acquisition of Israel-based Frutarom, has now surpassed the Israeli drugmaker. Read more
Software company Magic acquires low code development startup PowPow. Magic stated it expects the acquisition to "be accretive to earnings" within 18 to 24 months. Read more
Video advertising startup Innovid appoints Jessica Hogue as GM of measurement and analytics. Before joining Innovid, Hogue led the digital business ad tech platforms and content distribution segment at business consumer research firm Nielsen. Read more
Online gambling company 888 to lay off 45 Israeli employees. The London-listed company employs 600 people in Israel, out of 1500 global employees. Read more
