News from Israel

Timesofisrael.com: President to give Waze driving tips to Independence Day revelers

Reuven Rivlin’s voice guiding Israeli drivers will be available for one week, starting April 19 By SHOSHANNA SOLOMON 15 April 2018, 12:59 pm To honor Israel’s 70th Independence Day, President Reuven Rivlin will be dishing out recorded navigation instructions to Israeli users of the driving application Waze. The file of guidelines with his voice will be available to users starting from April 19, and for just one week. Rivlin recorded the instructions during a visit to the Israeli company’s Tel Aviv headquarters which has developed a Continue reading →

TimesofIsrael.com: Nike buys Israel computer vision startup Invertex

Invertex uses AI and 3D imaging to analyze users’ feet and suggest shoe models and sizes for best fit By SHOSHANNA SOLOMON Today, 12:17 pm Nike, Inc. has acquired Israeli startup Invertex Ltd., a developer of computer vision technologies, in a bid to strengthen its hold on digital technologies, the US maker of sports shoes said in a statement. The Israeli team “will focus on building groundbreaking innovations to help Nike serve millions of members around the globe,” the statement, released by Nike on April 9, said. Terms Continue reading →

Israel21c.org: Israel’s Orbotech acquired for $3.4 billion

The electronics maker will keep its operations in the Israeli city of Yavneh after its purchase by California-based KLA-Tencor. By Abigail Klein Leichman MARCH 20, 2018, 9:09 AM The Israeli firm Orbotech — whose systems help produce virtually every electronic device in the world from computers to phones to connected cars — is being acquired by California’s KLA-Tencor Corporation in a transaction with an equity value of approximately $3.4 billion and an enterprise value of $3.2 billion. This is the fifth largest acquisition in Israeli Continue reading →

No Camels: For Women’s Day, A Look at 5 Female-Led Initiatives in Israel Tackling The Gender Gap

By Simona Shemer, NoCamels March 08, 2018 Israel has one of the highest gender wage gaps in the Western world, with full-time female workers earning on average 35 percent less than their male peers, according to 2017 figures made available by the Central Bureau of Statistics, down from 68 percent in 2016. And in the high-tech field, a main force in the Israeli economy and where the salaries are higher than average, the gap widens to 45 percent. The most substantial factor for this disparity, Continue reading →

No Camels: 7 Innovative Israeli Startups Bringing AI, Gaming to Education

By Simona Shemer, NoCamels March 01, 2018 0 Comments Israel has one of the most educated populations in the world, with 47 percent of 25-34-year-olds holding a tertiary degree, according to an “Education At a Glance” report last year by the Organization for Economic Cooperation and Development (OECD), an 35-member economic organization creating policies to improve economic and social well-being around the world. This month, the OECD also ranked Israel as the 3rd most educated country in adult education of 10 listed countries, above South Korea, Continue reading →

No Camels: Israeli Researchers Kill Cancerous Tumor With Synthetic Cells

Simona Shemer, NoCamels | Feb, 15 2018 Israeli scientists at the Technion-Israel Institute of Technology have successfully treated a cancerous tumor, eradicating its cancer cells using a “nano-factory” – a synthetic cell that produces anti-cancer proteins within the tissue, the Technion announced it a statement this week. Synthetic cells, the prestigious Haifa-based university says, “are artificial systems with capacities similar to, and, at times, superior to those of natural cells.” Click read the article in its entirety.

The Times of Israel: Israeli cybersecurity firms raised record $814.5 million in 2017

16% of global cybersecurity investment is snagged by Israel’s industry, second only to the US, a report by Start-Up Nation Central says By SHOSHANNA SOLOMON30 January 2018, 12:36 pm In 2017 the Israeli cybersecurity sector solidified its position as a global player, raising $814.5 million in venture capital and private equity investment –a record-breaking amount for the third year in a row, exceeding 2016 investments by 28 percent, according to new data released by Start-Up Nation Central, which tracks the Israeli tech ecosystem. Click here Continue reading →

No Camels: Renewable Energy in the Negev: Israel’s Multi-Billion-Dollar Solar Valley

By Raz Tal, NoCamels January 18, 2018 0 Comments When Israel’s first prime minister, David Ben-Gurion, expressed his vision over 60 years ago “to make the desert bloom,” he may not have expected a multi-billion-dollar initiative that combines three massive solar power plants, the world’s tallest solar tower, and a wastewater treatment plant, all housed near a tiny Israeli community of roughly 500 people in the Negev desert. The ambitious projects were launched in late 2014, following an Israeli government-set objective of having renewable energy Continue reading →

The Times of Israel: Israeli researchers harness gold in battle with cancer

By SHOSHANNA SOLOMON 9 January 2018, 12:57 pm   Gold has been used over the ages to mint coins, fill cavities and decorate desserts. Now, Israeli researchers are studying how the precious metal can be used to help fight cancer, because it can help increase the intensity of radiation absorbed by tumors. The researchers are aiming primarily to tackle cancers of the head and neck — those affecting the mouth, nose or throat, and caused largely by alcohol and tobacco use. “A major problem in the treatment of Continue reading →

NoCamels: Massive Cyber Attacks, Autonomous Electric Cars And ‘Augmented’ Workforces: Israeli Industry Experts’ Predictions For The Next 5 Years

By Ricky Ben-David, NoCamels January 04, 2018 1 Comments In the next round of violence between Israel and the Palestinians, Israel should prepare for massive cyber breaches to critical infrastructure that may do real damage and bring in a new element to war, warned Yuval Shachar, the executive chairman of the leading Israeli cybersecurity think tank Team8. The warning was one of several observations made by Shachar at a conference in Tel Aviv this week that brought together leading Israeli figures in the tech ecosystem to unpack trends and Continue reading →