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Tech Israel
Daily Updates from Silicon Wadi for
Monday, July 5, 2021
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Bank of Israel keeps rates unchanged, says COVID still poses ‘risk’ to economy
By
Shoshanna Solomon
Central bank holds key lending rate at record low 0.1%; monetary policy will be ‘very accommodative’ for a prolonged period; cuts forecast for GDP growth to 5.5% in 2021
Spacecom gets $8.6 million follow-on Hungary deal for satellite services
By
Shoshanna Solomon
Last month, the Israel-based satellite services company said it was in talks for a 51% stake to go to another Hungarian telecom firm, 4iG
Norway’s largest pension fund divests from firms linked to West Bank settlements
By
AFP
KLP, which manages some $95 billion worth of assets, says investments in companies tied to settlement enterprise ‘risk complicity in international law violations’
New details reveal massive scale of Kaseya ransomware attack
By
Frank Bajak
CEO says thousands of mostly smaller businesses hit by likely Russian hackers, who are demanding sums between $45,000 and $5 million to unscramble data, according to expert
Red origin: New study traces roots of summer fave watermelon, mentioned in Bible
By
Amanda Borschel-Dan
In Numbers 11: 5-6, the freed Hebrews, fed on a manna-only diet, lament the rich variety of food they gave up in leaving Egypt — including watermelon
Gantz warns Middle East is seeing an arms race
Awarding defense prize, Gantz says military tech limited civilian deaths in Gaza
By
Judah Ari Gross
President, defense minister give top security prize to four classified projects, dealing with intelligence, the air force, cybersecurity, and a new technological capability
Saudi Arabia amends import rules to sideline Israel-linked products
By
ToI Staff
The kingdom’s decree also pulls tax breaks from goods made in free zones in an effort to challenge the UAE’s trade domination in the Gulf
Interview
The family 'helped start a public health crisis'
How the Sackler family built a pharma dynasty and fueled an American calamity
By
Rich Tenorio
In ‘Empire of Pain,’ Patrick Radden Keefe details the humble Jewish immigrant roots of Purdue Pharmaceuticals, and how it is evading justice despite being behind the opioid crisis
Carol Hauser
How to focus your job search? Start by doing research
Many people I talk with decide to just translate their CV to English or Hebrew, visit LinkedIn, Glassdoor or create new job alerts – and wait for open positions to apply to
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