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Daily Updates from Silicon Wadi for
Tuesday, September 5, 2023
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After acquisition deal is called off, Intel to provide foundry services to Tower
As part of partnership agreement, Israeli maker of chips and semiconductors will use Intel’s New Mexico manufacturing plant and invest up to $300 million to buy equipment
Israel and Bahrain regulators ink fintech cooperation deal
Israel Securities Authority will work with the Central Bank of Bahrain to provide regulatory guidance and support to fintech entrepreneurs and startups in both countries
One-click currency exchange makes startup investing easier via OurCrowd
Jerusalem-based venture investing platform teams up with Australia’s Airwallex to ease payments in local currencies
Israel’s Pluri wins NIH contract for drug that could save lives in nuclear event
Pluri, an Israeli company using cell technology to develop pharmaceuticals and food products, was awarded a major contract by the US National Institutes of Health to continue to develop its novel treatment for deadly radiation sickness. The condition, also known as hematopoietic acute radiation syndrome (H-ARS), occurs when a person is exposed to...
Musk threatens to sue ADL for billions, blaming US Jewish group for X’s revenue drop
JTA -- Elon Musk threatened to sue the Anti-Defamation League for up to $22 billion on Monday as he joined a growing number of white supremacists and trolls in posting invective about the US group. The legal threat of indeterminate seriousness — Musk frequently does not follow through...
UNESCO to vote on Ancient Jericho joining World Heritage list as site in Palestine
UN body, which Israel quit in 2019, to hold vote at Saudi Arabia conference; Likud MK accuses cultural organization of obscuring site’s biblical significance
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