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Tech Israel
Daily Updates from Silicon Wadi for
Sunday, July 25, 2021
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Payoneer to pay US Treasury $1.4 million fine over sanctions violations
By
Shoshanna Solomon
Fintech startup founded by Israeli entrepreneurs processed payments for parties in sanctioned Iran, Sudan and Syria; Payoneer says it has taken ‘immediate action’ to remedy flaws
Outbrain shares start trading on Nasdaq as startup raises $160 million in IPO
By
Shoshanna Solomon
Content-discovery firm, founded in 2006 by Israelis, debut on the US market, selling 8 million shares and reaching valuation of some $1.1 billion
Firms like NSO are causing direct harm to Israel, says diaspora affairs minister
By
ToI Staff
and
Agencies
Nachman Shai says dark arts intel firms are like ‘a rogue program’ that have inflitrated Israel’s widely admired high-tech industry, hurting diplomatic interests and support
From the web
Taboola buys US ad solutions co Connexity for $800 million
Globes: A month after completing its initial public offering of shares on Nasdaq via a SPAC merger, web recommendations’ firm starts spending money it raised
Israeli airlines launch direct route to Morocco’s Marrakesh
By
ToI Staff
and
Agencies
El Al flight lounge decorated with traditional carpets; Israir captain: ‘There is great excitement from everyone involved in this historic event’
Israeli COVID vaccine in pill form to start clinical trial in Tel Aviv
By
Nathan Jeffay
As world talks of possible boosters, and with poorer countries struggling to get shots in arms, developer claims pill could be ‘game-changer’ by simplifying logistics
Serious virus cases rise to 97, in highest tally since early May
By
ToI Staff
Five US states take aim at Ben & Jerry’s over settlement boycott
By
JTA
and
Jacob Magid
Officials in Florida, Texas, New York, New Jersey and Illinois reviewing whether move requires divestment from parent company Unilever under their various state laws
Can Facebook’s $1 billion gamble help it regain lost cool?
By
Katy Lee
Social media giant, increasingly seen as ‘old’ by younger generation, has announced a new plan to pay content creators
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