CTech's Monday Roundup of Israeli Tech News
Gilat Satellite approaches NIS 2 billion acquisition by unnamed multinational; Israel’s inflation drops, but prices keep on rising
Gilat Satellite approaches NIS 2 billion acquisition by unnamed multinational. The deal’s value reflects a 25% premium on Gilat’s market capitalization on market open Sunday. Read more
Analysis | Israel’s inflation drops, but prices keep on rising. The slow increase of Israel’s consumer prices index means that the country’s annual inflation rate keeps falling below target. Meanwhile, the Economist’s Big Mac Index ranks Israel as the sixth most expensive country in the world. Read more
Gilat Satellites. Photo: Zvika Tischler
Monday.com to lease 15-floor space in Tel Aviv for $580,000 per month. The Tel Aviv-based team management company is set to lease 19,000 square meters of office space in a planned skyscraper for NIS 2 million (approximately $580,000) per month. Read more
These are the Tesla models soon to be available in Israel. Ahead of its anticipated local launch, electric and autonomous car company Tesla has registered three models for sale in Israel. Read more
Dark web | Crime cracking technologies for the dark web. Global law enforcement agencies have developed some fascinating ways of busting criminals on the Dark Web. Here are some of the technical highlights. Read more
Israel slips in Bloomberg’s 2020 innovation index. The annual list takes into account parameters such as spending on research and development, manufacturing capabilities, and concentration of public tech companies. Read more
Radiation protection company Radiaction raises $18 million. The company’s technology applies the radiation protection to the X-ray device itself to block scattered radiation, instead of requiring the medical staff to don protective gear. Read more
Online lingerie retailer Brayola lost up to $4 million a year, says new owner. Last week, a Tel Aviv court approved Brayola’s sale for $1.1 million to undergarment retailer Delta, after the former ran into financial trouble, leading to a stay of proceeding in November. Read more
Israeli woman sues ex-husband for libel over messages in kindergarten WhatsApp group. According to court documents reviewed by Calcalist, the woman is asking for NIS 300,000 (approximately $87,000) in compensation for alleged defamation and violation of privacy. Read more
Israeli business travelers care more about a hotel’s breakfast than its location, according to booking company. Whether a hotel includes breakfast is the most important parameter for Israeli business travelers, according to a report published by business travel startup Arbitrip. Read more
