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Tech Israel

Daily Updates from Silicon Wadi for Wednesday, March 24, 2021

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View of the Tel Aviv Stock Exchange, December 25, 2018.
(Adam Shuldman/Flash90)

Investors yawn at election stalemate as focus stays on pandemic, global markets

By Shoshanna Solomon

‘People have gotten used to the fact that this is how it is here, and believe that in the end things will work out,’ says capital markets strategist at Bank Leumi

Ra'am leader Mansour Abbas at the Islamist party's campaign headquarters in the northern city of Tamra on March 23, 2021. (Ahmad Gharabli/AFP)

Updated election tally pushes Ra’am into Knesset, remaking blocs

By Raoul Wootliff

Likud, whose bloc drops to 59 seats, split on possibility of coalition supported by Islamist party; Abbas: ‘If there is an offer, we’ll sit and talk’

The Daily Briefing

Times of Israel PodcastPodcast: Daily Briefing Mar. 24 – What we know the day after the big election

On Good Deeds Day on March 16, 2021, four ADI residents became the world’s first wheelchair users to train in an advanced flight simulator, each enjoying 60-minute flight instruction simulations with the guidance of an El Al pilot (Liat Mandel)

Piloting El Al simulator, four people with disabilities touch the sky

By Jake Epstein

On ‘Good Deeds Day,’ residents of ADI, which provides residential and rehabilitative care, become first pilots in a wheelchair to fly an El Al Boeing 737 flight simulator

The Orca Security team, March 2021 (Orca Security)

Orca Security raises $210 million, becomes ‘unicorn’ with $1.2 billion valuation

By Shoshanna Solomon

Google’s growth fund leads investment in the Tel Aviv-based cybersecurity firm set up 2 years ago by former execs of Check Point Software Technologies

Boris Spiegel speaks during a meeting of the Civic Chamber of the Russian Federation in Yaroslavl, Russia, on November 28, 2011. (JTA/ Public Chamber of the Yaroslavl Region)

Russian-Jewish billionaire and communal funder arrested for alleged bribes

By Cnaan Liphshiz

Boris Spiegel, who has donated time, effort, and money to various Jewish community projects, charged with offering a local politician the equivalent of $400,000

Director of the Institute of Biological Research, Prof. Shmuel Shapira, at the laboratory in Ness Ziona on August 6, 2020. (Ariel Hermoni/ Defense Ministry)

Report: Leader of embattled homegrown Israeli vaccine effort to step down

Unclear who will replace Shmuel Shapira as head of Institute for Biological Research; rapid inoculation drive has raised doubts about need for domestic shot

Ronald S. Lauder

Solving the water crisis is a job for philanthropy

Unburdened by politicians’ need to show fast results, private donors are uniquely positioned to focus on solving long-term problems like water

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