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Tech Israel
Daily Updates from Silicon Wadi for
Wednesday, May 26, 2021
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Israeli tech surges with investors jumping in as COVID spurs digitalization
By
Shoshanna Solomon
Israel created unicorns at the astounding rate of one a week in Q1 this year; experts say corrections may come, but tech is on a long-term upward trend
To beat side effects, Israel considers giving teens just 1 COVID vaccine dose
By
Nathan Jeffay
As US probes possible link between immunization and mostly mild heart problem, proposed compromise seen as way to dodge the risk while retaining shot’s effectiveness
Immuno-oncology startup KAHR gets $5 million for trial of drug on blood cancers
By
Shoshanna Solomon
Texas’s Cancer Focus Fund will support a Phase 1/2 clinical study assessing Israeli company’s flagship drug, which uses 2 proteins – 1 to mark cancer cells and 1 to weaken them
France’s Contentsquare to double Israel R&D team as firm raises $500 million
By
Shoshanna Solomon
Digital analytics firm bought Israeli analytics startup Clicktale in 2019; the 150-strong team in Ramat Gan is French firm’s local R&D base
Mossad head could join Mnuchin fund, possibly violating waiting period – report
By
ToI Staff
Yossi Cohen, whose term ends June 1, reportedly had talks with ex-US treasury chief weeks ago, even though his current work and planned investment fund both deal with Gulf states
With Israel and Hamas @war, algorithms and fake accounts fueled #hatred online
By
Simona Weinglass
Researchers expose fake accounts and extreme content that fanned the flames of outrage, fear and hatred in Israel and abroad
From the web
Israeli banks likely to resume dividends in 2021, regulator says
Reuters: Most Israeli lenders have reported increases in first-quarter profit due to the unwinding of the large loan-loss provisions they made in 2020 to cope with the crisis
From the web
Israel’s Bezeq Telecom to reach 1 mln homes with fiber optic in 2021
Reuters: Israel’s largest telecom group says it is advancing a plan to merge two business units to cut costs and speeding up deployment of a fiber-optic network
From the web
Israel’s Partner Comms sees boost from fibre-optics network
Former Bank of Israel governor David Klein dies age 86
By
Shoshanna Solomon
Klein was governor in 2000-2005, when Israel struggled with economic crisis; he helped lower inflation, increase stability in financial system and liberalize forex market
Amit Harari
Treasury’s unpaid leave policy: State as babysitter or a responsible solution?
Over the past few months, there have been calls for Israel to set up a flexible unpaid-leave model, allowing employers to recruit workers back with partial state subsidies
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