CTech's Tuesday Roundup of Israeli Tech News
Startup employees make double the average Israeli wage, report says; the Israeli tech industry is too dependent on U.S. economy, according to Israel’s Finance Ministry
13:1731.12.19
Startup employees make double the average Israeli wage, report says. A Monday report by the Israeli Central Bureau of Statistics reveals startup employees make an average monthly wage of approximately $5,780, with Tel Avivian startup workers earning on average approximately $1,550 more than their Jerusalem counterparts. Read more
Startup employees (illustration). Photo: Amit Sha'al
Israel’s Finance Ministry: the Israeli tech industry is too dependent on U.S. economy. The ebb and flow of private VC money during recessions and peak economic times might necessitate changes in the startup funding criteria of the Israeli government, according to a review published Monday by the Ministry. Read more
Startup employees (illustration). Photo: Amit Sha'al Israel’s universal Savings for Children Program will only increase inequality, says Taub Institute. The Jerusalem-based social policy studies think tank released its annual state of the nation report for 2019 Monday. Read more
Interview | Spinning wheel: venture funds are now battling over startup investments, says venture capitalist. Gigi Levy-Weiss was known as Israel's busiest angel investor. Today, he invests through his venture firm, Silicon Valley-based NFX Guild, which relies on technology to appeal to entrepreneurs. Read more
Mapped Israeli women entrepreneurs in New York. A new project by “Israeli Mapped in NY” maps Israeli startups headed or founded by women. Read more
Israel’s new digital bank: not yet operational, already looking for exceptions. In September, the Bank of Israel greenlit Marius Nacht and Amnon Shashua’s new digital banking venture. Read more Opinion | China, Facebook, and the Galactic Empire all have one thing in common: internet censorship. Rather than deposing dictatorships, the internet, through fake news on one hand and legal censorship on the other, now seems to empower them. Read more
From military-themed summer camps to Israel's obsession with giant trash bins: our best 2019 magazine articles. This year, CTech's writers tackled issues such as digital immortality and Israel's shifting socioeconomic markers to share insights into local culture and economy. Here is a chance to look back at some of our best—and most-read—articles. See the list
Impact Investment | Create employment and change. Protecting the eyes of diabetics, the world's first property management computer, and a platform for smart beauty tips—three technological developments launched by women, ultra-Orthodox, and Israeli-Arab entrepreneurs. Read more
