CTech's Tuesday Roundup of Israeli Tech News
The Tel Aviv Stock Exchange sets public offering date for July; These are the people behind a coordinated fake news campaign targeting African countries
14:1521.05.19
The Tel Aviv Stock Exchange sets public offering date for July. In 2018, TASE CEO Ittai Ben-Zeev led the sale of most the exchange to five international investors, in an attempt to make it more global. A 33% stake has been held in trust since, to be offered to the public. Read more
Mossad's venture arm to diversify portfolio. Libertad Ventures, which does not disclose the names of its portfolio companies, said it will expand its focus to additional sectors, including fintech, robotics, and smart city technologies. Read more
Tel Aviv Stock Exchange. Photo: Bloomberg These are the people behind a coordinated fake news campaign targeting African countries. Calcalist has obtained the identities of executives at Archimedes Group, the company behind a recently uncovered Israeli fake social media network focused on Nigeria, Senegal, Togo, Angola, Niger, and Tunisia. Read more
Playtika sets up new team to create the next candy crush. Playtika announced the launch of an independent division employing 150 people dedicated to the rapid development of casual games. Read more
Genealogy company MyHeritage now offers genetic disease testing kits. MyHeritage will not sell users' medical data to insurance companies, CEO Gilad Japhet said in an interview. Read more
Israel's top cannabis companies lost a combined $307 million on TASE. Over the last three months, the combined market capitalization of Israel's eight leading medical cannabis companies dropped to $475 million. Read more
Bitcoin's asset status makes its profits taxable, Israeli court rules. An appellant, rejected Monday, acquired bitcoin in 2011 and sold it in 2013, netting a profit of around NIS 8.3 million that he claimed should not be subject to a capital gains tax. Read more
20,000 users sign up for Via's Tel Aviv ride-sharing service in one month. Via currently operates shuttles in most parts of Tel Aviv and intends to expand to its entire territory as well as neighboring suburbs in upcoming months. Read more
Tokyo-listed insurance company MS&AD partners with SOSA, FinTLV. Tel Aviv and New York-based SOSA is an investor network and corporate innovation hub. Read more
Wind River Systems partners with autonomous vehicle security startup Karamba. Karamba develops technology that integrates with a vehicle's engine control unit to automatically block unauthorized commands. Read more
