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Startup Daily

Daily Updates from Silicon Wadi for Tuesday, October 24, 2017

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Doctor helping a boy with his asthma inhaler (LeventKonuk, iStock by Getty Images)

Can cannabis treat asthma? Jerusalem experts to find out

By Shoshanna Solomon

Hebrew University's Raphael Mechoulam and Francesca Levi-Schaffer to undertake research with funding from UK-Israel startup CIITECH

Galit Jacobovitz (sitting down, left) with Daniel Oleiski, left, standing, and with Wang Ye, third from left and the rest of the Haier delegation during their visit to Israel. Oct. 24, 2017. (Courtesy)

China’s Haier sets up innovation hub in Tel Aviv

By Shoshanna Solomon

The center will scout for Israeli sensors and Internet of Things to make smarter home appliances

Dollars and shekels (photo credit: Olivier Fitoussi/Flash90)

Israeli tech firms raise 54% more funds in 3Q at $1.44 billion

By Shoshanna Solomon

Data shows that 'smaller number of startups are getting more money, while others are missing out,' researcher says

MK Azaria: This industry has harmed Israel's global image

Israel bans binary options industry, finally closing vast, 10-year fraud

By Simona Weinglass

19 months after Times of Israel began exposing multi-billion dollar global scam, Knesset gives operatives three months to shut down or face jail terms

Over 1,200 people gather for a Friends of the IDF gala in New York on October 23, 2017. (Shahar Azran/FIDF)

$35 million raised by Friends of the IDF for Israeli troops

By Judah Ari Gross

Group says donations from Sheldon Adelson, others to be distributed to combat veterans, 'lone soldiers'

Karine Elharrar

Defeating binary options shows the system can work

Public trust in politics is at an all-time low. Politicians across the world are seen, too often rightly, as being concerned with themselves and not with the public. But there are times when politicians can come together and tackle a real problem effectively and efficiently. These successes get less attention than political fights and petty gossip but their impact is deeper and often far more meaningful. Over the past year the Times of Israel shone a spotlight on Israel’s ugly binary options industry. It was a case of investigative journalism at... Continue Reading

Illustrative. An IDF soldier from the C4I Corps types on a computer. (IDF Spokesperson's Unit)

IDF gains small win in battle for brains in face of startup nation’s siren song

By Shoshanna Solomon

Military sees drop in number of officers leaving for the private sector; mulls plan to lease out recruits to the civilian tech world

Booking.com is setting up an innovation center in Tel Aviv (YouTube screenshot)

Booking.com to open innovation center in Tel Aviv

By Shoshanna Solomon

CEO Gillian Tans says in LinkedIn post that the city is 'one of the most tech-forward markets in the world'

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