CTech's Monday Roundup of Israeli Tech News
Failing to win a seat in parliament, Israeli minister tried out for reality TV; disappointing exit for machine learning company ParallelM
14:2024.06.19
Failing to win a seat in parliament, Israeli minister tried out for reality TV. Israeli Minister of Communications Ayoob Kara has met with the producers of popular show Survivor VIP to discuss his possible participation as a contestant, Israeli news site Ynet reported. Read more
Israeli Minister of Communications Ayoob Kara. Photo: Amit Sha'al
Israeli Minister of Communications Ayoob Kara. Photo: Amit Sha'al
Disappointing exit for machine learning company ParallelM. ParallelM’s Israeli founders have seen several hefty exits between them, including the sale of Anobit to Apple and Libit Signal Processing to Texas Instruments. Read more
Singapore's ST Engineering to scout for Israeli startups. The technology company has partnered with government investment arm the Israel Innovation Authority to identify Israeli startups in the fields of smart mobility, security, and environmental protection. Read more
Microsoft hires AWS exec to head its Israeli startup accelerator program. For the past four years, Raz Bachar was head of startup business development for the EMEA region for AWS. Read more
Israel to raise the retirement age for women to 65 by 2031. Life expectancy in Israel is relatively high, raising concerns that the country's pension system could not handle the burden in the future. Read more
Luxembourg-Based fund Maor closes first Israel-focused fund. The fund was established to “facilitate access of European investors and in particular European Family offices to the Israeli Technology ecosystem and opportunities,” according to Maor’s statement. Read more
Calcalist’s Fintech 2019 Conference
Facebook’s Libra will disrupt central banks, forcing them to adjust their policies, says Israeli banking regulator, Hedva Bar. Read more
AI and big data are the future of finance, says LeumiTech CEO, Yifat Oron. Read more
Payoneer will do anything to partner with Libra, says founder. Read more
