CTech's Sunday Roundup of Israeli Tech News
AT&T Communications CEO looking for the edge in Israel; Strategies, opportunities, and challenges the Israeli tech industry faces
13:5416.06.19
AT&T Communications CEO looking for the edge in Israel. John Donovan, the head of AT&T Communications, visited the parent company’s Israeli research and development center last week and met with local startups. Read more
Ford Chairman Bill Ford. Photo: Bloomberg Expert | Ridesharing and pharmaceutical companies are more alike than you think. Ridesharing companies promote autonomous and electrified fleets by spending billions on attracting loyal customers; Life-science companies yield zero revenue and burn millions until treatment safety and efficacy are proved. Read more
Strategies, opportunities, and challenges the Israeli tech industry faces. CTech’s upcoming event, It Tech Two To Tango, will bring together entrepreneurs and venture capitalists who wish to hear what investors are looking for. Read more
New Ford center in Israel will grow quickly, says Ford CEO. Bill Ford inaugurated the new center and took part in the EcoMotion 2019 smart mobility show held in Tel Aviv earlier this week. Read more
Ford Chairman Bill Ford. Photo: Bloomberg In Tel Aviv, 24-hour supermarkets carry the banner of LGBTQ rights. Ahead of the Tel Aviv Pride parade Friday, local 24/7 supermarket chain AM:PM announced it would change its name to AM:AM or PM:PM in celebration of same-sex love. Read more
Israeli cannabis company BOL slashes 17% off pre-IPO valuation. BOL is looking to raise 150 million Canadian dollars (around $115 million), or 172.5 million (around $128 million) if the over-allotment option extended to the underwriters is exercised in full. Read more
This navigation app will guide you to the best selfie-taking spots in Tel Aviv. Israeli navigation app Navin recently added a walking route through the most photogenic locations in Tel Aviv, from beaches and historic neighborhoods to the top floors of the Azrieli Towers.Read more
Israeli environmental organizations battle against plan for five new marinas. 4,800 new docking spots are planned across Israel to solve the current lack of space for private marine vehicles, but environmental organizations are claiming only a small group will benefit at the expense of the animals, the beaches, and the public. Read more
Medical cannabis company Together Pharma to acquire Jerusalem-based Cannabliss for $3.9 million. Cannabliss develops and manufactures smoke-free cannabis products, such as oils, candies, and cookies. Read more
Advanced Energy opens Israeli research and development center. The Nasdaq-listed company provides power conversion measurement and control technologies to industrial clients. Read more
