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Tech Israel

Daily Updates from Silicon Wadi for Tuesday, September 5, 2023

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Tower Semiconductor headquarters in Migdal Haemek, Israel, February 16, 2022. (AP/Ariel Schalit)

After acquisition deal is called off, Intel to provide foundry services to Tower

By Sharon Wrobel

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

Bahraini Foreign Minister Abdullatif Al Zayani (right) and Ron Klein, deputy director of International Affairs at the Israel Securities Authority, sign a fintech cooperation agreement, Sept. 4, 2023. (Courtesy)

Israel and Bahrain regulators ink fintech cooperation deal

By Sharon Wrobel

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

Airwallex (courtesy)

Promoted Content

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

By Renee Ghert-Zand

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... Continue Reading

A Pluri employee at one of the company's bioreactors. (Courtesy)

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... Continue Reading

Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington on March 9, 2020. (AP Photo/Susan Walsh, File)

Tell es-Sultan in Jericho on September 29, 2011 (Diego Delso via Wikimedia Commons, CC BY-SA)

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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