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Tech Israel

Daily Updates from Silicon Wadi for Wednesday, December 14, 2022

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Phone apps for Facebook, Instagram, WhatsApp, among other social networks on a smartphone in Chennai, India, on March 22, 2018. (Arun Sankar/AFP/File)

Israel seeks to apply rules to regulate social media platforms, offensive content

By Sharon Wrobel

Ministry adopts recommendations to place legal responsibility on social media companies such as TikTok, YouTube, Facebook and Twitter, to tackle illegal online postings

Abu Dhabi state fund-backed group to buy NIS 2.3 billion stake in Israel’s Phoenix

By Sharon Wrobel

Consortium of Emirati funds led by ADQ in talks to acquire 25%-30% of biggest Israeli insurance company from two US private investment firms

Illustrative image: Israel's Phoenix Holdings Ltd. sells insurance and manages the public's pension and provident funds. (Courtesy)

The OurCrowd Summit is where business gets done, where deals are struck, where checks for millions of dollars change hands – and people also have fun. (OurCrowd)

Promoted Content

We meet again, and this time it’s for real

OurCrowd CEO Jon Medved previews the return of the OurCrowd Global Investor Summit to Jerusalem on Feb. 15

Israeli AI predicts heart failure in muscle inflammation patients with 80% accuracy

By Nathan Jeffay

Myositis elevates chances of heart failure, so Rambam Hospital team built a special algorithm that analyzes ECG tests and gives early warning

Illustrative: Doctors carry out heart bypass surgery after heart failure (KentWeakley via iStock by Getty Images)

A construction site in a new neighborhood in Be'er Yaakov, March 26, 2020. (Flash90)

Home sales plummet by 65% in October, amid prolonged housing crisis

Finance Ministry data says month’s 5,100 purchases are among the lowest figures of any October in past 20 years, and lowest of any month since 1st COVID lockdown in April 2020

Illustrative: A digital rendering of a development plan to build a complex of four mixed-use buildings, including a 17-story tower and a residential building of 200 apartments in Tel Aviv's bohemian Florentin neighborhood, December 2022. (Cityel/Florentin Square/3DVision Ltd)

Developers secure funds to build proposed Florentin Square project in Tel Aviv

By Danielle Nagler

People walk by a Bank Hapoalim branch in Tel Aviv, September 9, 2020. (Miriam Alster/FLASH90)

Mortgage borrowing in Israel rises in November amid general cooldown

By Danielle Nagler

Dutch retail chain buys Israeli software linking food prices to expiration dates

By combining data, Wasteless can gradually lower the price of an item to appeal to customers, while maximizing a retailer’s margins and slashing waste

Wasteless uses artificial intelligence to lower prices as perishable foods approach their sell-by dates. (Courtesy, Wasteless)

Start-up offers reusable, 100% recyclable bowls for takeout food

Working with restaurants, offices, and food delivery giant Wolt, OPA, launched in Tel Aviv less than a month ago, says it is amazed by demand

One of OPA's recyclable, multi-use bowls for order-in food. (Courtesy, OPA)

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