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Daily Updates from Silicon Wadi for
Monday, January 8, 2018
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Activist investor Starboard calls for ‘substantial change’ at Israel’s Mellanox
Mellanox's largest shareholder says Israeli maker of servers and storage solutions has 'weak execution' and 'excessive spending'
Argentine mogul said to mull buying Bezeq stake, selling Cellcom
Eduardo Elsztain's officials meet with creditors of Eurocom, which holds a controlling stake in Bezeq - Calcalist
Israeli missions overseas, immigrants, tourists targeted for 2019 budget cuts
Deputy foreign minister calls move to slash ministry workforce 'a targeted assassination' of Israel's diplomacy, vows to block move
Knesset begins grappling with cryptocurrencies
The Knesset on Monday began exploring how to deal with the recent explosion of cryptocurrencies, with financial regulators urging caution while lawmakers saw great potential in the new digital money. At a hearing called by opposition leader Isaac Herzog and held in the Knesset's powerful Finance Committee, the panel's chairman MK Moshe Gafni instructed...
Apple investors urge action to curb child gadget addiction
No company can outsource responsibility for consequences of their products, say 2 groups that together control $2 billion worth of Apple shares
Will 2018 bring back the Chinese investors?
Chinese worldwide acquisitions and investments dropped drastically during 2017. From a record $ 224 billion in Chinese investment in the world in 2016, at the end of this year, the figure stands at $ 132 billion. Israel too experienced a decline, however, it was less dramatic; according to PWC's 2017 merger and investment report, total investment from East Asian countries in Israel during 2016 was $ 6.4 billion, compared with $ 2.7 billion this year, with the $ 4.4 billion Playtika deal closed in 2016 explaining most of the...
2018 will see tech focus on making our devices not just smart, but AI smart
'Deep learning will enter all fields,' says Eyal Miller of Samsung NEXT Tel Aviv, as startups aim to work around the vast amount of processing power needed by algorithms
Israel medical devices startup Motus files for Nasdaq IPO
Motus, whose system allows physicians to clean poorly prepared colons during colonoscopy procedures, to raise up to $28.8 million
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