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Daily Updates from Silicon Wadi for
Tuesday, January 9, 2018
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Israeli researchers harness gold in battle with cancer
Gold nanoparticles found to help increase intensity of radiation absorbed by head and neck tumors in mice
Israel’s Kenon, China’s Chery sell control in car maker for $1 billion
After news of the sale of control of Qoros, shares of Kenon, controlled by business tycoon Idan Ofer, surge almost 30% in Tel Aviv
In rare move, Israel sends internet financial scammers to jail
Five men sentenced for 'CEO fraud' against companies abroad, highlighting Israel’s attractiveness as a hub for transnational organized crime
Mossad chief: Protests unlikely to topple Iran regime
Yossi Cohen says Islamic Republic pouring more cash into security, intelligence and 'galloping into the Middle East without hindrance'
Central Bank aims resources at financial education for senior citizens, students
Israel's central bank will start a digital education program for senior citizens this year and expand its program to increase financial awareness for ninth graders, the Bank of Israel said on Monday. The financial awareness program for ninth graders was set up, together with the Education Ministry, in 2017, imparting practical tools to help with...
Olim getting kicked while dollar is down
How Israel’s hyper-strong currency is not just hurting big businesses, it’s kicking our olim while it’s down. My profession has existed in Jerusalem for more than 2,000 years. Things have improved a lot since then. Gone are the days of sneaking into a store in town to change a few hundred dollars. Now the State of Israel has regulated the entire industry. What hasn’t changed are the volatile exchange rates that go up and down like a wild roller coaster, leaving everyone dizzy. The most common question I am asked...
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
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