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Tech Israel

Daily Updates from Silicon Wadi for Thursday, March 19, 2020

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Illustrative: University faculty practice distance teaching ahead of the online spring semester. (Haifa Technion Spokesperson's Office)

Poor speed and infrastructure are at heart of PM's Case 4000

As virus keeps Israelis home, internet is coping with the higher loads… so far

By Shoshanna Solomon

Israel has seen a 25% rise in internet use over the past 2 weeks as citizens log in for online schooling, business videoconferences, Pilates lessons

Two men stand on their balcony with a banner reading "stay at home," in Nantes, on March 17, 2020, as a strict lockdown comes into effect to stop the spread of the COVID-19 in France. (Sebastien SALOM-GOMIS / AFP)

Virus keeps at least 500 million people around the world at home

By AFP

A merchant selling hand sanitizer to passersby in central Jerusalem on March 18, 2020. (Olivier Fitoussi/Flash90)

Coronavirus crisisTotal lockdown can be avoided if public obeys orders — top health official

Workers wearing protective clothes disinfect a public playground in Bat Yam as part of measures to prevent the spread of the coronavirus, March 18, 2020. (Tomer Neuberg/Flash90)

Bank of Israel to loan banks up to $15b. as shekel slides against dollar

By Luke Tress and ToI Staff

Move meant to boost liquidity, support Israeli currency as pandemic pummels global markets; publicly traded firms call for further intervention amid spiraling economic crisis

US President Donald Trump speaks about the coronavirus in the Cabinet Room of the White House during a meeting with representatives of American nurses, Wednesday, March 18, 2020, in Washington. (AP Photo/Alex Brandon)

Trump signs $100 billion coronavirus relief package

By Michael Mathes

A Magen David Adom paramedic seals a coronavirus screening test kit during a training exercise in the central city of Kiryat Ono on February 26, 2020. (Jack Guez/AFP)

To ease global virus test bottleneck, Israeli scientists suggest pooling samples

By Nathan Jeffay

An Israeli firefighter wearing protective clothes disinfects a bus station in the ultra-Orthodox town of Kiryat Ye'arim (Telz-Stone) after seventeen of the city's residents were found to have coronavirus, March 18, 2020. (Yonatan Sindel/Flash90)

Government offers NIS 50 million to coronavirus-fighting startups

Program headed by Israel Innovation Authority to provide grants to firms with potential technological solutions for combating pandemic

Illustrative: Workers prepare new wards for coronavirus patients at Sheba Hospital in Tel Hashomer on March 17, 2020. (Flash90)

Rothschild Foundation donates NIS 50 million to boost hospitals’ virus battle

By Stuart Winer and ToI Staff

Illustration: Israelis withdraw money from Bank Hapoalim cash machines. (Yonatan Sindel/Flash90)

Israel’s largest bank pays $870 million to settle US tax evasion probe

Bank Hapoalim accused of helping US clients evade payments; competitors Bank Leumi and Mizrahi-Tefahot Bank charged in similar cases in recent years

An apartment that was available for quarantine rental in Tel Aviv during the COVID-19 pandemic. (Courtesy Eyal Leventhal Ben David)

In age of coronavirus, battered vacation rental market touts quarantine pads

By Jessica Steinberg

With high rate of Passover and summer cancellations, short-term rental businesses try to salvage profits through rentals to stranded tourists and returning Israelis

Yossi Klein Halevi

Corona in Jerusalem: What story will we tell?

The morning after Israel’s first non-military emergency, will we awake even more divided against ourselves or remember we were all in this together?

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