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Tech Israel

Daily Updates from Silicon Wadi for Thursday, April 12, 2018

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Officials from Playtech and the London Stock Exchange celebrate Playtech's listing on the Exchange's Main Market in July 2012 (Courtesy)

Gambling firm Playtech seeks to buy Italian firm for $1.05 billion

By Shoshanna Solomon

UK company owned by Israeli billionaire Teddy Sagi offers to buy Snaitech in bid to increase revenue mix

An Aeronautics Ltd. drone (Courtesy)

India’s Mahindra partners with Israel’s Aeronautics to make drones

By Shoshanna Solomon

The companies plan to manufacture a maritime version of Aeronautics’ Orbiter 4 drone in India for the Indian Navy

Facebook CEO Mark Zuckerberg, center, arrives to testify before a House Energy and Commerce hearing on Capitol Hill in Washington on April 11, 2018, about the use of Facebook data to target American voters in the 2016 election. (AP Photo/Alex Brandon)

Zuckerberg: Regulation of social media firms is ‘inevitable’

By MARY CLARE JALONICK, Barbara Ortutay and David Hamilton

Facebook CEO tells House Oversight Committee his own data was included in the personal information sold to malicious third parties

Illustrative image of a hacker (stevanovicigor; iStock by Getty Images)

New Israeli VC fund recruits industry veterans to nurture cybersecurity startups

By Shoshanna Solomon

Cyberstarts is looking to invest in early-stage companies, leveraging the experts’ experience

Italian conductor Francesco Lotoro rehearses his concert of reconstructed musical compositions created in the concentration camps, April 8, 2018 (Jessica Steinberg/Times of Israel)

‘Like a mitzvah’: Italian conductor brings to life music composed in the camps

By Jessica Steinberg

Francesco Lotoro spent the last 30 years researching music lost in the Holocaust; now he’s performing it with the Ashdod Symphony Orchestra

Holocaust remembrance day: Startup Nation remembers and repairs

Israeli entrepreneurs, descendants of Holocaust victims, are redeeming their ancestors by providing humankind with life sustaining innovations and technologies

A Frutarom R&D lab in Germany (Courtesy)

Foreign firms reportedly eye Israel’s flavorings maker Frutarom

By Shoshanna Solomon

Shares of Haifa-based firm jump after Calcalist website names US company International Flavors & Fragrances as one potential buyer

Invertex technology uses 3D imaging and AI to best match shoes to feet (Courtesy)

Nike buys Israel computer vision startup Invertex

By Shoshanna Solomon

Invertex uses AI and 3D imaging to analyze users’ feet and suggest shoe models and sizes for best fit

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