CTech's Sunday Roundup of Israeli Tech News

Israel excels in health, no thanks to government spending, report says; Teva announces $1.5 billion debt tender offer

CTech 16:4610.11.19

Israel excels in health, no thanks to government spending, report says. The OECD’s most recent health report finds that Israel’s health expenditure is some of the lowest among the countries surveyed. Read more

 

Teva announces $1.5 billion debt tender offer. On Thursday, the Israeli drugmaker published its third quarter reports for 2019, reporting it had cut down its net debt to $25.7 billion. Read more

OECD's Secretary-General Angel Gurria. Photo: Alex Kolomoisky OECD's Secretary-General Angel Gurria. Photo: Alex Kolomoisky

 

Tesla is recruiting Israel country manager. Working out of Tel Aviv, the manager will be responsible for the company’s local activity including sales, deliveries, and service. Read more

 

Expert | A gamer, a geneticist, and an employment law attorney walk into an NCAA football game. Student-athletes are not paid and do not fall within the employee-employer rubric. This means their DNA data is not protected by privacy-related labor laws. Read more

 

Tel Aviv is done waiting for Israel to approve public transportation on Shabbat. A short history of why and how one of the most vibrant metropolises in the Middle East, still shuts down for 25 hours every week. Read more

 

Facebook should not decide what Is true or false, says Facebook policy exec. Jordana Cutler, head of policy at Facebook Israel, said that political ads bring very little revenue to the company. Cutler spoke at a conference on national security and communication held in Tel Aviv. Read more

 

Insurtech: future policies. The insurance industry is facing a major disruption, and even appraisers and claim investigators are not safe. Read more

 

WeWork lays off employees in New York. New York-based employees of the coworking real estate company were called into a meeting Thursday, where some were handed notices. Read more
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