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TECH ISRAEL
Updates from Silicon Wadi on
Tuesday, September 24, 2019
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Bank of Israel gives nod to tech moguls Nacht, Shashua for new digital bank
By
Shoshanna Solomon
The approval marks the first time in 40 years a new bank will be set up in Israel; the plan is for a digital bank, without branches, that aims to compete with incumbent lenders
Cellcom, Israel’s largest cellphone operator, to cut jobs amid stiff competition
By
Shoshanna Solomon
Workers stage improvised strike as company says it hopes its ‘comprehensive restructuring plan’ will allow it to return to profitability by end of 2020
Jordan’s Abdullah: West Bank annexation would have ‘major impact’ on ties
By
ToI Staff
King assesses Netanyahu’s pledge for Jordan Valley as ‘electioneering,’ warns one-state solution with different laws for Jews would be ‘apartheid’
Analysis
Raphael Ahren
With no proper coalition since 2018, Israeli governance is lost in transition
Netanyahu has held caretaker role for 9 months, remaining PM purely by dint of being the last person elected to the job, with diplomatic and military wiggle room legally limited
From the web
Fintech startup Fundbox raises $326 million in debt financing and equity
Calcalist: Founded in 2012, Fundbox supplies a credit line to approximately 200,000 small and medium-sized businesses in the US, according to company statements
Karin Kloosterman
Solar panels for energy in Israel
With climate change marches going on around the world, it is clear the younger generation want us to go 100% renewable everywhere, and for Israel it is a no brainer
Are private pool rentals a way to 'democratize luxury'?
Pool rental app dives into deep end of sharing economy
By
Melanie Lidman
22-year-old US Orthodox Jew Bunim Laskin founded Swimply to rent out neighborhood pools — and let his 11 siblings have a splashing good time
Kahlon says he wants to stay on as finance minister, work to lower taxes
By
ToI Staff
Former Kulanu party chief, now in Likud, says nearly a year of political campaigning has done significant damage to Israel
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