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Tech Israel
Daily Updates from Silicon Wadi for
Monday, August 2, 2021
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Google announces plan for undersea cable connecting Israel, southern Europe
By
Luke Tress
System will tie Israel to France, Italy, Greece with 16 fiber optic pairs; second project will connect other Middle East countries with India
88 patients, 0 intubated: Israeli ‘precision’ COVID drug wrapping up early trial
By
Nathan Jeffay
Explainer
Emanuel Fabian
and
ToI Staff
Health funding, farming reform, later retirement for women: Israel’s new budget
From banking reform to stipends for elderly, and from kashrut changes to Tel Aviv subway, here’s what you need to know about the budget, which needs Knesset approval by November 4
Cabinet approves state budget for 1st time in 3 years in key test for government
By
ToI Staff
Top social media platforms fail to act on reported antisemitism, study finds
By
Stuart Winer
Hate watchdog says 84% of content it flagged as anti-Jewish hatred was not dealt with by Facebook, YouTube, Instagram and TikTok; tech giants say more work to be done
Azerbaijan opens first trade office in Israel to boost economic ties
By
Luke Tress
Officials talk tourism, investments, mutual trade, startup projects; Israeli ambassador to Baku says he believes bureau will precede embassy opening
Israel to impose carbon tax, starting with fossil fuels
By
Sue Surkes
Tax to be introduced gradually from 2023 to 2028, expected to increase electricity bills by five percent, cover about 80% of country’s greenhouse gas emissions
TOI investigates
10 cases that highlight allegedly ruinous ongoing fraud
Foreigners file slew of lawsuits against alleged Israeli investment scammers
By
Simona Weinglass
People who say they lost large sums to fraudulent trading firms are seeking justice in civil court, though they face webs of shell companies and opaque ownership structures
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