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Tech Israel

Daily Updates from Silicon Wadi for Sunday, June 6, 2021

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An illustration of radar technology developed by IAI's Elta subsidiary (YouTube screenshot)

From swords to scalpels: IAI, Soroka hospital to use army tech for medical edge

By Shoshanna Solomon

IAI’s subsidiary Elta and Soroka will set up joint innovation center for medical tech where doctors and defense engineers will brainstorm and seek out solutions

A net greenhouse in Los Pinos, Mexico, the largest greenhouse tomato project in the country, developed with Israel's Netafim drip irrigation and greenhouse technology. (courtesy, Netafim)

US-Israel agriculture fund chooses 20 joint projects for $6.7 million investment

By Shoshanna Solomon

BARD R&D fund also sets investment priorities for next 5 years including food safety; plant, animal protection tech

Illustrative image of a unicorn (Ellerslie77; iStock by Getty Images)

Israeli tech firms reach unicorn status at double the pace in last decade: study

By Shoshanna Solomon

It takes an average 6 years for Israeli firms set up after 2008 to reach $1 billion valuation vs 15 years for Israeli startups set up between 1999 to 2008: Catalyst

BionicHIVE’s SqUID warehouse robot in action (BionicHIVE)

OurCrowd

Elon Musk hails Israeli startup as the ‘robot future’

Fast-growing BionicHIVE transforms warehouses into automated hubs, with robots scaling shelves to retrieve and distribute packages

People hold up their phones with the light on in the Causeway Bay district of Hong Kong on June 4, 2021, after police closed the venue where Hong Kong people traditionally gather annually to mourn the victims of China's Tiananmen Square crackdown in 1989 which the authorities have banned citing the coronavirus pandemic and vowed to stamp out any protests on the anniversary. (ISAAC LAWRENCE / AFP)

Israeli hosting firm Wix removes Hong Kong democracy website after police order

By AFP

Tel Aviv-based company says decision to remove site was ‘mistake,’ reinstates it when 1st known case of police using new law to demand overseas firms censor content becomes public

Motti Babchik seen in the Knesset on March 3, 2020 (Yonatan Sindel/Flash90)

Litzman aide, adviser arrested for alleged corruption involving Tnuva company

By Stuart Winer

Police suspect public officials involved in bribery scheme that saw them advance commercial interests of large companies

A young teen receives a dose of the Pfizer-BioNTech Covid-19 vaccine at the Misgav Ladach hospital in Jerusalem on June 6, 2021, as Israel begins its coronavirus vaccination campaign for 12- to 15-year-olds. (Menahem KAHANA/AFP)

Kids line up for COVID shots saying they want to protect family, go on vacation

As Israel starts vaccinating children, many of the newly eligible say they want to travel abroad or reduce risk for high-risk relatives; over 10,000 appointments made

Israelis and vaccinated tourists wearing masks for COVID-19 protection arrive to Israel's Ben Gurion Airport near Tel Aviv on May 23, 2021, after a partial re-opening of the border to inoculated tourists from 14 countries. (JACK GUEZ / AFP)

Health Ministry issues travel warning for Namibia over COVID infection rates

From Left, European Commissioner for Economy Paolo Gentiloni, Eurogroup President Paschal Donohoe, President of the World Bank David Malpass, Italy's Economy and Finance Minister Daniele Franco, France's Economy and Finance Minister Bruno Le Maire, Canada's Finance Minister Chrystia Freeland, Britain's Chancellor of the Exchequer Rishi Sunak, Managing Director of the IMF Kristalina Georgieva, Germany's Finance Minister Olaf Scholz, US Treasury Secretary Janet Yellen, Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Mathias Cormann, and Japan's Finance Minister Taro Aso pose for a family photo the second day of the G7 Finance Ministers Meeting, at Lancaster House in London on June 5, 2021. (HENRY NICHOLLS / POOL / AFP)

Wealthy nations agree on global minimum tax targeting giant corporations

By Anna MALPAS and Ben Perry

Finance ministers from the G7 back a minimum 15% corporate tax rate, but some say the rate is still far too low

When Shin Bet warns of political violence, Israel’s history requires we listen

25 years after the Rabin assassination, the man charged with protecting Israel and its leaders from internal security threats fears a repetition. His warning must be heeded

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