What Does the Future Hold for Airlines and What are Facebook's Coders in Tel Aviv Working on?

CTech Daily Roundup: One-third of all airlines will not survive the pandemic, says Wizz Air CEO. József Váradi spoke to Calcalist about how the coronavirus pandemic has affected airlines

Interview | One-third of all airlines will not survive the pandemic, says Wizz Air CEO. József Váradi spoke to Calcalist about how the coronavirus pandemic has affected airlines, and what to expect travel to look like once the skies reopen. Read more

 

Israeli privacy protection startup D-ID raises $13.5 million. The company helps organizations comply with privacy regulations by fooling face recognition algorithms. Read more

 

Wizz Air airplane. Photo: Wizz Air

 

Opinion | The climate crisis is painting the capital market green. In the wake of the coronavirus pandemic and the oil wars, green investments are gaining strength. Only business management based on measuring both financial and social performance can lead to solutions for future crises. Read more

 

Precise tree and vine irrigation startup Saturas raises $3 million. Saturas develops sensors that are attached to vines and tree trunks, providing real-time hydration status reports that enable farmers to optimize irrigation. Read more

 

Israeli coders lead development, security of Facebook’s Novi digital wallet. According to Tomer Barel, a Facebook vice president, co-creator of Libra and Chief Operating Officer at Novi, the company's coders in Tel Aviv are continuing to work on developing the main components of the wallet. Read more

 

Covid-19 has not lessened Israeli companies’ interest in entering the Chinese market. Companies including Tel Aviv-based online payments fraud prevention company Riskified are working on opening their first offices in China. Read more

 

BD Innovations merging with floLIVE to form new telecommunication partnership. The announcement comes just a few months after floLIVE completed a $21.5 million funding round. Read more

 

Prominent journalist to sue Netanyahu’s son for posting sexist and offensive tweets about her. Television network and anchor allege Yair Netanyahu’s statements were "misogynist and bordering on sexual harassment.” Read more