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TECH ISRAEL
Updates from Silicon Wadi on
Monday, July 1, 2019
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Salaries now capped at $700k; some had earned 3 times that
CEOs fleeing Israeli banks in quest for higher salaries, less regulation
By
Shoshanna Solomon
Three leaders of the five main banking groups are stepping down, with a 2016 law capping wages in the financial sector among the reasons top talent is turning to other sectors
Bank Leumi appoints Samer Haj Yehia chairman of board
By
Shoshanna Solomon
The 48-year-old, a director at Leumi since 2014, becomes first Arab chairman at an Israeli lender
Mossad chief: Iran definitely behind attacks on Gulf oil sites, embassy in Iraq
By
Judah Ari Gross
In extensive speech, Yossi Cohen warns of threat posed by Tehran enriching uranium past limits set by 2015 nuclear agreement
Iran breaks through enriched uranium limit set in nuclear deal – state media
By
ToI Staff
and
Agencies
Fars news agency cites ‘informed source’ as saying stock of 3.67% enriched uranium was measured and found to be above the 300-kg maximum
Named for biblical host Abraham, an Israeli hostel group seeks a bigger tent
By
Jessica Steinberg
Budget, socially conscious chain that offers tours and experiences along with beds is making use of a $7 million investment to add to its 3 locations
Tal Melenboim
Exploring the blurry lines between humans, VR and AR
Israeli AI startups such as orCam, Woo, Wizer, Aquant, and Wibbitz are pushing the frontiers of what’s possible with artificial intelligence across a range of industries
Bank Leumi CEO Russak-Aminoach to step down after seven years at helm
By
Shoshanna Solomon
Russak-Aminoach has navigated the bank through job cuts, orchestrated the sale of its credit card unit and reached a $400 million settlement with US regulators
ToI investigates
French-speaking rabbis take stand against online scammers in their community
By
PIERRE-SIMON ASSOULINE
and
Simona Weinglass
One Netanya rabbi urges parents to keep their kids away from call centers, which he says are now hiring children as young as 13
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