HI-TECH NEWS

Hi-Tech is a comprehensive term that defines all industries that deal with advanced technologies. It primarily refers to technological industries with links to the world of computing, electronics and biotechnology. Israel is advancing Hi-Tech and providing these innovations in the global market for the benefit of healthcare, business and defense.

A new virtual reality in Tel Aviv

LVL 3 Dizengoff offers a sensory experience of gaming entertainment

GALYN SUSMAN addresses the International Animation Festival-Jerusalem at the Jerusalem Cinematheque
To Pixar and beyond with Galyn Susman

Susman is a producer for Pixar Animation Studios – the studio that made such animated classics as the Toy Story, Cars and Incredibles franchises, – and has worked on every movie the company has made.

A damaged car is seen partially trapped as workers remove debris from a collapsed pedestrian bridge
Israeli start-up brings critical infrastructure into digital health era

According to a recent report by the American Road & Transportation Builders Association (ARTBA), there are 178 million daily crossings on more than 47,000 structurally deficient US bridges.

10/11/2019
Percepto's autonomous "drone in a box"
Israeli-developed drone nominated for int'l security innovation award

The company was founded by Dor Abuhatzeira, Sagie Blonder, Raviv Raz and Ariel Avitan and employs close to 70 workers in its offices in Modiin, the United States and Australia.

By LEON SVERDLOV
10/11/2019
RenewSenses
Hillel's Tech Corner: Seeing with your ears

RenewSenses created a new language for individuals with visual impairment to see using their ears, and the results are astounding.

07/11/2019
Jerusalem pop-up events celebrate female entrepreneurship

Each woman-run business is taylored to a different audience and each produces a different product, most of which are directed towards women.

06/11/2019
Riskified co-founders Eido Gal and Assaf Feldman
Anti-fraud unicorn: Israel's Riskified raises $165m. in funding round

The company currently employs over 420 employees at its Tel Aviv and New York offices, and is planning to open a Shanghai office before the end of the year.

05/11/2019
Silhouettes of mobile users next to the Whatsapp logo, March 28, 2018.
Was Israeli malware used to hack India's elections?

WhatsApp sued Israeli surveillance firm NSO Group last Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents.

By REUTERS
05/11/2019
Uzbekistan signs an MOU with Watergen.
Uzbekistan signs MOU with Watergen in battle against water shortages

Uzbekistan Minister of Innovation Ibrohim Abdurakhmonov signed the agreement, along with Watergen Vice President of Marketing and Sales Michael Rutman.

02/11/2019
Israeli radiation protection vest blasts off to Int'l Space Station

StemRad is behind the AstroRad vest, offering personal protective equipment for astronauts to wear beyond low Earth orbit, mitigating space radiation exposure outside the Earth’s magnetosphere.

03/11/2019
Zeev Elkin: No Israeli government involvement in alleged NSO-Whatsapp hack

WhatsApp has sued NSO accusing it of helping government spies break into the phones of hundreds of users across four continents in a hacking spree whose targets included top government officials.

By REUTERS
01/11/2019
Woman holds a tablet displaying WhatsApp's logo in front of the screen with the Facebook logo.
Israeli firm NSO's WhatsApp hacking targeted top government officials - report

Sources familiar with WhatsApp’s internal investigation said a “significant” portion of the known victims are high-profile government and military officials spread across at least 20 countries.

By REUTERS
31/10/2019
Shekels and dollars
Israeli hi-tech firms secure $2.24 billion in third quarter of 2019

Firms have raised a total of approximately $6 b. since the beginning of the year. In 2018, hi-tech companies raised $6.35 b.

30/10/2019
Growing start-ups is a serious matter at Facebook's Playground

Facebook Israel’s new “Playground” hub in Tel Aviv put consumer-facing innovation at the forefront of its efforts to embrace the local start-up ecosystem.

28/10/2019
Sir Richard Branson: Israel is a country of great entrepreneurs

Branson expressed his willingness to meet and learn from Israeli entrepreneurs operating in the field of space technology.

24/10/2019
VINYL RECORDS: A return to nostalgia.
How one Israeli is predicting the future

"Predicting trends is recognizing a change at the very onset and realizing that it is going to intensify and affect the entire population.”

By TALIA LEVIN
25/10/2019
A Toyota's electric vehicle (EV) concept RHOMBUS is displayed during the media day for Shanghai auto
Toyota partners with Israel's OurCrowd to hunt for innovation

“The future belongs to the bold who are implementing game-changing technologies,” said Minoru Murata, executive vice president, regional CEO and CTO of Toyota Tsusho.

24/10/2019
WeWork Israeli founder Adam Neumann to receive $1.7 billion payoff to relinquish control

SoftBank Group agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment.

By REUTERS
23/10/2019
money
Israel gains 20,000 millionaires, average wealth increases - study

"Wealth" is defined by the annual report as the value of financial assets plus real assets – particularly housing – owned by households, minus their debt.

22/10/2019
Thai food giant backs Israeli start-up producing protein from fly larvae

The seafood company Thai Union Group, the world's largest producer of canned tuna products, has committed an initial $30 million to the venture fund.

20/10/2019
OurCrowd CEO: Israel enjoying 'investment tourism' boom

Investors around the world "are looking at Israeli stocks, but they really want to get into Israeli start-ups," OurCrowd CEO and founder Jon Medved told The Jerusalem Post.

17/10/2019
Meeting the challenges of accelerating Jerusalem hi-tech

Jerusalem is enjoying a boom in cutting-edge innovation.

16/10/2019
JOEL S. TELPNER
Blockchain – the building block of future tech

"There are a lot of ways that blockchain technology can make our lives better, and make things easier to do,” says Joel S. Telpner.

By ALAN ROSENBAUM
11/10/2019
Jones co-founders Michael Rodman (L) and Omri Stern (R)
WeWork, JLL invest in Israeli property tech start-up Jones

Additional investors include New York-based MetaProp Ventures, American-Israeli Ground Up Ventures and California-headquartered 500 Startups.

15/10/2019
Israeli start-up to build world’s first lab-grown meat production facility

The company plans to establish the facility south of Tel Aviv and begin operations next year.

10/10/2019
Your Investments: Yom Kippur: Confessing financial sins

Understanding our short-comings is just step one to self-improvement.

By AARON KATSMAN
03/10/2019
Leket Israel volunteers gather food.
Idit, Rafael join Leket to salvage food

Idit CEO Ran Katzman said, “We see great value in helping disadvantaged populations, and we are pleased and we thank Rafael for joining in on this important project.”

By JERUSALEM POST STAFF
03/10/2019
US tax form
Your Taxes: What a shame it’s a sham

The founders of Israeli tech companies dream of their shares being acquired at a big gain by a multinational on which they pay tax.

By LEON HARRIS
03/10/2019
Q Core Medical's infusion pump
Hillel's Tech Corner: Keeping patients pumped up

When it comes to patient care, technology is already changing so many aspects of the healthcare world, but one device has gone unnoticed and un-disrupted by technology.

03/10/2019
Fitch downgrades WeWork's credit rating after aborted IPO

WeWork, whose parent We Company lost $1.9 billion in 2018, had hoped to raise at least $3 billion in the abandoned IPO and borrow a further $6 billion in a loan from banks.

By REUTERS
02/10/2019
AI ROBOT Nao teaches ‘TechTalk’ host and executive producer Jonny Caplan how to do Tai Chi in the Cu
Putting the media focus on Israeli tech

The first season of TechTalk will highlight over fifty cutting-edge Israeli companies, showcasing revolutionary technological innovations, from flying taxis to robots for the elderly.

By NADINE WOJAKOVSKI
01/10/2019
English: Ferring Pharmaceuticals’ global headquarters in St-Prex, Switzerland
BTG opens production line to boost manufacturing

BTG is the oldest biological pharmaceutical company in Israel.

06/10/2019
A man holds a laptop computer as cyber code is projected on him
The best Hi-tech companies to work for

A new list by Dun & Bradstreet shows at which companies employees are the most pleased.

By OMRI RON
30/09/2019
Elon Musk unveils 'holy grail of space'

Musk expects that the new Mars rocket prototype could perform missions in months.

By REUTERS
29/09/2019
SHMULIK ZYSMAN
TLV Sohn Conference brings in financial leaders

The forecasts presented at the Conference in recent years have proven their success.

By JERUSALEM POST STAFF
26/09/2019
George Graham, vice president of the Mars Advanced Research Institute
Mars turns to Israeli tech to develop global food solutions

Mars has committed to investing $1 billion over the coming years to become sustainable within a generation.

26/09/2019
JVP team
JVP celebrates 25 years of investments, exits and returns

In a special report presented to investors at its annual conference, JVP summarized its activities to date.

26/09/2019
WeWork CEO Adam Neumann steps down amid company’s major drop in value

The company was valued at the beginning of the year at $47 billion, but that figure has fallen to about $15 billion.

By MARCY OSTER/JTA
25/09/2019
RELOCATION AND IT’S FAILURES

Uri, aged 40, was an accountant who was not very satisfied with his salary and working conditions, but he couldn’t imagine how he could change it.

By JPOST.COM STAFF
24/09/2019
Can Wordeep’s AI Make Non-natives Speak Like Native English Speakers?

John drove on his car. They ride in the bus. For someone who does not speak English perfectly, the first two sentences might seem just fine.

By JONATHAN MIMOUNI
02/10/2019
Hillel's Tech Corner: Medial EarlySign - proactive healthcare

EarlySign is using machine learning-based algorithms from the business world and applying them to our medical data.

19/09/2019
InnovoPro's chickpea-based milk
More than hummus: Israeli food tech start-up launches chickpea-based milk

Leading plant-based alternatives already on the market include soy milk, oat milk, almond milk and coconut milk.

20/09/2019
Samsung innovation chief: Israel key to remaining at tech's cutting edge

First chief innovation officer of South Korean tech giant Samsung Electronics and president of Samsung NEXT, David Eun, understands innovation like nobody else.

20/09/2019
A young Palestinian entrepreneur displays on his mobile a game that he developed at Gaza Sky Geeks o
Empowering entrepreneurs in the West Bank

Bethlehem conference connects local talent with international players

By DIMA ABUMARIA/ THE MEDIA LINE
19/09/2019
Elbit to supply mission critical products to US Air Force

While the value of the deal was undisclosed, Israeli business daily cited sources estimating the deal to be worth approximately $500 million.

16/09/2019
Trigo co-founders Michael Gabay (L) and Daniel Gabay (R)
Trigo raises $22m. in drive to realize autonomous retail future

Trigo uses artificial intelligence and computer vision technologies to eliminate the need for checkouts and product scanning.

18/09/2019
Monaco's Prince Albert II and Dr. Michael Mirilashvili drinking water-from-air last Monday.
Monaco Prince installs Israeli air-to-water technology in palace

The country's princes have lived in the palace where Watergen was installed for over 700 years.

17/09/2019
money
Two Israeli security tech firms investigated on suspicion of fraud

Arrests were made in suspicion of 'fraud, smuggling and money laundering on a significant scale,' supposedly done in the context of business activity.

By IDAN ZONSHINE
15/09/2019
WeWork considering curbing Neumann's voting power to save IPO

Revising Neumann's supervoting rights, which give him 20 times the voting power of ordinary shareholders, was among the changes being discussed.

By REUTERS
13/09/2019
A man holds a laptop computer as cyber code is projected on him
Has NSO changed its approach to human rights? - analysis

Amnesty has accused NSO of potentially illegal involvement in aiding oppressive governments in tracking or harassing human rights activists and journalists, NSO has rejected all of the charges.

Cyber hacking
Cyber spying firm NSO to follow human rights guidelines

NSO said it would from now on systematically apply procedures to identify risks that its technology could harm human rights, and then prevent or mitigate them.

By REUTERS
11/09/2019
German tech giant SAP launches Tel Aviv start-up accelerator

"The objective is to build an open ecosystem of start-up innovation around SAP’s solutions..." says Alexa Gorman head of SAP.iO Foundries EMEA

11/09/2019
WeWork owners to add first woman to board

The We Company had originally planned to go public with an all-male seven-member board, a practice major investors frown upon, saying more diverse boards make better decisions.

By REUTERS
05/09/2019
Zoomd
Israeli tech company Zoomd goes public

Zoomd has reported that significant growth, including tripling its revenue and profitability since merging with Moblin, another MarTech company, in 2017.

04/09/2019
Senior Israelis play table tennis as they take part in games for people over 65 years old, organized
Data is in: It’s up to you to save for retirement

There are many reasons for this discrepancy, and the solution is not for the government to increase Bituach Leumi benefits substantially.

By AARON KATSMAN
29/08/2019
LLCs Are Not Straightforward

Your taxes

By LEON HARRIS
29/08/2019
Phone
Apple apologizes for eavesdropping on users having sex, buying drugs

“We realize we haven’t been fully living up to our high ideals, and for that we apologize,” Apple said Wednesday.

By IDAN ZONSHINE
29/08/2019
Electric buses on charge in the city of Edam, the Netherlands
Egged expands European operations with new electric bus routes

New electric bus routes in the southern Netherlands show Egged's growing impact on the European public transport sector.

By ALEX WINSTON
29/08/2019
Screenshots show the difference between the old version and the updated version of Moovit
Israeli app Moovit reaches half a billion users

Moovit operates in over 90 countries and 40 languages.

By JERUSALEM POST STAFF
26/08/2019
 A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustrat
Your Taxes: Crypto to be chronicled

New FATF pronouncement shakes up the cryptocurrency market

By LEON HARRIS
22/08/2019
Israeli currency.
Stop wallowing in self-pity and take control of your finances

In life, you can blame a lot of people and wallow in self-pity, or you can pick yourself up and say, ‘Listen, I have to be responsible for myself.’” – Howard Schultz

By AARON KATSMAN
22/08/2019
Hillel's Tech Corner: MDGo: Car accidents are no match for AI and ML

MDGo's latest innovation is proving to be a big help in every way from medical imaging, to drug discovery, to medication management, and even robotic surgery.

23/08/2019
Why Israel is automotive tech’s global engine

Leading carmakers realize Tel Aviv’s mobility tech hub is here to stay

26/08/2019
Spotlight on Israeli startups - Gamitee
Spotlight on Israeli startups - Gamitee

Gamitee, a social plug-in for travel sites, OTAs and airlines that converts on average 5X more visitors to buyers than the travel site baseline, translating to an increase of 10% in online sales.

By JPOST.COM STAFF
30/08/2019
Mobileye’s collision avoidance system
Mobileye

Mobileye’s collision avoidance system continuously monitors the road ahead and analyses the risks of forward collisions, unintended lane departures, tailgating, and pedestrian and cyclist hazards.

By JPOST.COM STAFF
03/10/2019
Porsche Panamera 4S
Luxury carmaker Porsche invests in Israeli start-up TriEye

TriEye has developed short-wave infrared (SWIR) camera technology improving the ability of vehicles fitted with assistance systems or autonomous driving functions to see in poor weather conditions.

22/08/2019
Intel unveils first artificial intelligence chip Springhill

Intel unveiled their first AI processor, Springhill, designed at their Haifa facility and intended for large computing centers.

By REUTERS
21/08/2019
Israeli and Palestinian cooperation attempts to solve sewage problem

Sewage issues in the area surrounding the Kidron Valley in Jerusalem are uniting Jewish and Muslim residents.

By SARAH VORSANGER/ZAVIT
18/08/2019
Facebook COO Sheryl Sandberg (L) and Facebook Israel general manager Adi Soffer Teeni (R) inaugurate
Facebook launches Tel Aviv 'Playground' to boost local innovation

"This country is not just deeply meaningful for me, but also for Facebook," said Sheryl Sandberg, the chief operating officer of Facebook, who briefly lived in Israel as a young child.

15/08/2019
Seeking innovation, Defense Ministry launches start-up hub

The hub will seek to strengthen the relationship between Israel's civilian and defense markets.

13/08/2019
Volkswagen plant in Emden (factory may not use Siemens' systems)
Israeli researchers find flaw in highly-secure industrial computers

Adapted for a range of industrial automation tasks, PLCs are widely used to control machinery on factory assembly lines, ensure high reliability control and monitor input and output devices.

12/08/2019
Uber loses $5 billion, misses Wall Street targets despite easing price war

The amount passengers spent on trips rose 20% while the amount Uber kept after paying its drivers increased just 4%.

By REUTERS
09/08/2019
Calculating taxes
Your Taxes: Big Brother is watching your online life

“It’s hard for me to find the receipts for what I sell on the Internet.”

By LEON HARRIS
08/08/2019
OpenValley co-founders Yossi Ackerman (L) and Ofir Dubovi (R)
Stretching the boundaries of the Start-Up Nation beyond Tel Aviv

"Israel is such a small country that to talk about a 'periphery' is funny," said Yossi Ackerman, former head of Elbit Systems and co-founder of OpenValley.

08/08/2019
Tel Aviv University campus
Building interdisciplinary bridges to create an innovative future

Tel Aviv University is busy breaking down barriers between faculties that previously enjoyed little interaction.

07/08/2019
A SpaceX Falcon 9 rocket, carrying the Israeli-owned Amos-17 commercial communications satellite, li
SpaceX successfully launches Israeli Amos-17 satellite

Spacecom says it will be the most advanced satellite to provide communication services to sub-Saharan Africa.

07/08/2019
Study: Increasing number of primary household earners overworked

"[The low-wage group] works overtime as a result of economic constraints," Endeweld wrote.

06/08/2019
From Beijing: Israeli-Chinese relations heading towards exponential growth

There are fault lines to manage, but the train is barreling forward and has left the station.

Your Investments: We need to appreciate all we have in Israel

Israel is in a much better position than most countries around the world.

By AARON KATSMAN
01/08/2019
US tax form
Your Taxes: Court upholds tax amnesty stinger

The case was a general class action alleging the ITA lacked authority to go back more than 10 years according to criminal rules in the Income Tax Ordinance.

By LEON HARRIS
01/08/2019
Rebranding Jerusalem as the ‘Holy City of Hi-Tech’

"If you continue and don’t give up, that’s where the magic is – that’s where you can create products and companies that really change the world."

By ARIEL DOMINIQUE HENDELMAN
03/08/2019
Meet Alice – she’s electrifying!

In May, Alice was flown from northern France, where she was assembled, to Paris. Like a human fashion model, she strutted her stuff on the runway there and attracted enormous interest.

By SHLOMO MAITAL
31/07/2019
Twelve licenses approved for gas, oil exploration off Israel's coast

"This is another milestone for the discovery and development of additional natural resources in the economic waters of the State of Israel," said Energy Minister Yuval Steinitz.

30/07/2019
Tel Aviv-based monday.com raises $150m. in latest funding round

‘We intend to use this funding round to continue our growth, to build our sales force and perhaps open more offices in the US and Europe.’

30/07/2019
The space mission will be carried out by the European Space Agency, in cooperation with the Israeli
Israeli scientific experiments to be performed in outer space

The initiative is part of a space mission that will be carried out by the European Space Agency, in cooperation with the Israeli Ministry of Science and Technology, and the company Space Pharma.

By JERUSALEM POST STAFF
31/07/2019
Israeli recycling technology aims to revolutionize global waste

Producing one ton of UBQ material is equivalent to stopping the melting of 35 square-meters of arctic ice.

29/07/2019
The SpaceX Falcon 9 rocket, scheduled to launch a U.S. Air Force navigation satellite.
Israeli satellite 'Amos-17' to be launched into space next week from Florida

Amos-17's objective would be to provide TV, cellular and internet services to Africa, Europe and the Middle East.

By ALON EINHORN
29/07/2019
Top 10 Israeli Startups To Watch Next Year

There are many regions of the world that are associated with a particular industry. Israel is considered a hotbed for innovation. Here are the top 10 Israeli startups to watch next year.

By NEIL MATHEW
05/08/2019
ConSienta, Cyber awareness services
Spotlight on Israeli startups - ConSienta

Cyber security is one of the major risks for any company, fastest ROI is by investing in employee awareness.

By JPOST.COM STAFF
05/08/2019
Adv. Shmulik Zysman
Israeli tech companies raise record amount in 2019

In the second quarter, VC-backed deals notched a record $1.81 billion in 73 deals, accounting for 78% of the total amount raised in the quarter.

By ALAN ROSENBAUM
18/07/2019
People drink from a Watergen machine in Florida after Hurricane Irma, September 2017
Watergen partners with Flint, Michigan where water quality is 'third-world'

"For the past five years, there have been solutions promised to the community by many, yet no one has delivered," said Armstrong Williams.

By DAVID DIMOLFETTA
18/07/2019
From Bnei Brak to Amazon, haredi women make hi-tech their home

Integrating haredim in the workforce is particularly critical given the rapid growth of the population, set to soar from 12% to 40% of Israel's population by 2030.

19/07/2019
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