Tag Archive for Israel high-tech

Israel introduces a hand-held molecular scanner that analyzes chemical makeup

WATCH: New Israeli hand-held scanner lets consumers check the ingredients & chemical makeup of any product by just pointing the beam at the object.

 

A new Israeli high-tech development might just revolutionize the consumer experience.

The hand-held Scio molecular scanner. - Photo: Scio

The hand-held Scio molecular scanner. – Photo: Scio

The Scio, developed by Consumer Physics, is the world’s first molecular sensor that fits in the palm of a hand. Using it, a consumer can scan any product and get instant information about its full chemical make-up.

Consumer Physics CEO Dror Sharon says that the Scio will pave the way to intelligent consumerism. Using the sensor, consumers will be able to avoid unsafe ingredients in products and will no longer be dependent on the supplier’s word that a cheese is low fat, say.

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High-tech entrepreneurs looking to invest in Israel crash into bureaucratic wall

WSJ reports: Businessmen complain how rigid visa policies inhibit tech companies’ endeavors to locate in Israel.

 

Foreign high-tech entrepreneurs are increasingly eager to take their business to Israel, but claim that Israel’s immigration rules stifle their intentions.

A view of Tel Aviv, August 2014.

A view of Tel Aviv, August 2014. – Photo: Dreamstime

According to a report by the Wall Street Journal, foreign entrepreneurs are practically unable to get work visas; as result, many have to leave the country every few months to renew their tourist visas and go through time-consuming security checks at the airport.

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Israeli-Arab high-tech incubator acquires $4.5 million

 

Most Israel’s Arabs who study technology become teachers since only 2% land jobs with Jewish employers.

By NIV ELIS

 

Takwin Labs, an incubator for Arab Israeli high-tech entrepreneurs focused on Internet and Mobile technologies, announced Sunday that it closed $4.5 million in funding.

THE TEL AVIV skyline; the area around the city is home to many Israeli start-ups

THE TEL AVIV skyline; the area around the city is home to many Israeli start-ups. – Photo: REUTERS

The Haifa-based Takwin, which means “beginning” in Arabic, was spun off from several leaders already active in the Arab Israeli High-tech space: Imad Telhami, whose company Babcom is one of the largest employers of Arab engineers in Israel,  Labor MK Erel Margalit, who founded Jerusalem Venture Partners (JVP), and Chemi Peres, Chairman Al Bawader, a VC that invests in Arab start-ups (and son of former President Shimon Peres). Continue Reading »

Yo: 25 Israeli startups Forbes says are changing healthcare, media & finance industries

‘Innovation continues and a new crop of hot new Israeli tech startups are on their way up,’ says Forbes report.

By TheMarker

 

Forbes has listed 25 Israeli startups it says are changing industries. “Israel’s dynamic tech startup scene is no secret,” Forbes contributor Ilya Pozin writes.

“Innovation continues and a new crop of Israeli tech startups are on their way up, transforming healthcare, entertainment, finance, media and a myriad of other industries.”

Topping Pozin’s list is mobile printer developer Zuta Labs, which boasts a four-by-five-inch printer that will be available in January. Then comes open-source video platform developer Kaltura, and Yevvo, which bills itself as “the Twitter of live streaming,” Pozin writes.

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Not Albert, but an einstein for every student

 

Getting kids excited about studying science is a worldwide concern. One of the biggest issues is making the study material more accessible for younger audiences. Kids today have shorter attention span than their parents, and sitting passively in a classroom studying complex equations is becoming more and more difficult for many students, especially in the Western world.

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einstein

This is where “einstein” comes in – a new educational tool which can change the way science is taught in schools, as well as universities. Continue Reading »

Israel Aerospace Industries to build world’s 1st elevated rapid-transit line in Israel

A pilot network will be built at the IAI campus in central Israel & if successful, will be followed by a fully operational rapid-transit system in Tel Aviv.

By Ari Rabinovitch

 

REUTERS – California-based skyTran has teamed up with Israel Aerospace Industries (IAI) to construct the world’s first public pilot project for skyTran’s elevated transit network.

An illustration of the Skytran transit system.

An illustration of the Skytran transit system. – Photo: www.skytran.us

A number of skyTran projects are being planned globally, including in India and the United States, pending the success of the pilot in Israel.

The pilot will be a 400-500 meter (yard) loop built at IAI’s campus in central Israel and, if successful, will be followed by a commercial network in Tel Aviv in the coming years, skyTran CEO Jerry Sanders told Reuters, without disclosing the cost.

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In Technology: Israel attracts Chinese investments

 

The ‘Start-up Nation’ draws in Chinese firms, who offer Israel funding & access to one of the world’s largest markets in return.

By Reuters

 

China’s purchase of a controlling stake in Israel’s largest food maker reflects a broader surge in Chinese investment in an economy largely tethered to Western markets.

Prime Minister Benjamin Netanyahu met in his Jerusalem office with Chinese Vice Premier Liu Yandong. May 19, 2014 – Photo: Amos Ben Gershom, GPO.

The deal, announced on Thursday, gives China access to Israel’s high tech expertise, cachet among consumers made wary by domestic food production scandals and an alternative place to put their money amid trade obstacles from a wary United States. Continue Reading »

Meet Israel’s Hackers Who Struck Back

Israelis hit back at anti-Israel hackers by breaking into their computers, snapping mugshots of some of the ill-prepared hackers using their own webcams, then publishing their photos & names.

By Israel Today Staff

 

Israel this week has faced a heavier than usual amount of cyber-attacks, but local hackers are doing their bit to fight back. And you can follow their progress in near-real time thanks to the magic of Twitter.

Meet the Israeli Hackers Who Are Striking Back

Israel on average defends against tens of thousands of cyber attacks every day. But international hacker group Anonymous, or a branch thereof, sought to truly overwhelm the Jewish state this week with its annual #OpIsrael campaign, during which anti-Israel hackers seek to crash or penetrate Israeli websites and networks. Continue Reading »

Israel’s trade deficit took a sharp decline for 2013

 

Economy and Trade Ministry’s Foreign Trade Administration reports Israel’s trade deficit amounted to $2.3 billion in 2013 compared to 2012’s $8.5 billion.

High-tech industry accounts for 81% of Israel’s industrial exports for 2013.

By Hezi Sternlicht and Israel Hayom Staff

 

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Exclusive: Israel’s Arabic high-tech

With Arabic the fastest growing language content on the Internet, Arab-Israeli start-ups target users across ideological boundaries.

 

 

Six months after [Israel’s] Clalit Health Services released a series of instructional Arabic-language videos about breast feeding on YouTube, the health fund was shocked by their popularity – the combined million views they racked up eclipsed the number of breast-feeding women among the country’s 1.7 million Arab citizens.

View of theThe Arab city of Nazareth in northern Israel - Photo courtesy Wikimedia Commons

View of the Arab city of Nazareth in northern Israel – Photo courtesy Wikimedia Commons

Clalit found the solution to the mystery in the analytics: More than half of the views had come from Saudi Arabia, 16 percent from Egypt and 9% from Iraq. Continue Reading »

Israel sends dishwasher-sized spacecraft to the moon

 

Israel’s unmanned craft is small, weighing only 140 kilograms (310 lb.), & will be fitted with 9 computers and 8 cameras.

If successful, the landing of the first private craft on the moon will win the Israeli group SpaceIL, a $20 million Google LunarX Prize.

By Reuters and Israel Hayom Staff

 

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Israeli PM off to Silicon Valley to meet WhatsApp co-founder

Prime Minister Netanyahu is scheduled to sign a “strategic cooperation” agreement with California’s Governor Jerry Brown to promote closer Israel-California economic ties.

 

 

Last week Jewish WhatsApp cofounder Jan Koum sold his company to Facebook for $19 billion; next week he is scheduled to meet Prime Minister Binyamin Netanyahu to discuss hi-tech opportunities in Israel.

WhatsAppNetanyahu, traveling Sunday to Washington and a meeting with US President Barack Obama, is to go to Silicon Valley on Wednesday in an effort to promote hi-tech investments in Israel. In addition to Koum, Netanyahu is expected to meet with heads of Apple, Flextronics, Linkedin, Ebay and the Sequoia Venture Capital fund. Continue Reading »

Israel successfully tests anti-missile response system for civilian airliners

Elbit’s Sky Shield anti-missile system integrates a thermal camera with laser technology to deflect & protect all types of aircraft against ground-to-air missiles.

 

 

Israel has successfully completed final testing on a system that protects commercial planes from missile attacks, the defense ministry announced on Wednesday.

elbit

Testing of the Sky Shield system was “100 percent successful,” according to Brig. Gen. Eitan Eshel, head of research and development at the ministry.

The system integrates laser technology with a thermal camera to protect aircraft against missiles fired from the ground. It deflects missiles fired at aircraft by changing their direction. Continue Reading »

Israeli tech company Viber sold to Japan’s Rakuten for $900 million

 

Israeli-founded Skype rival, video & chat platform Viber, is registered in Cyprus but was founded by Israelis & has development offices in Israel.

By JPOST.COM STAFF


 
Rakuten Inc. a large Japanese Internet services company, announced on Friday its acquisition of pioneering messaging and VoIP company, Viber. The pricetag: $900 million.

Viber logo

Following the sale, Rakuten’s Chairman and CEO, Hiroshi Mikitani said, “Viber understands how people actually want to engage and have built the only service that truly delivers on all fronts.”

Viber CEO Talmon Marco said  that Viber’s vision, “is to be the world’s number one communications platform and our combination with Rakuten is an important step in that direction.”

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Viber, Israeli rival to Skype, negotiating $300m sale to Chinese buyer

Israeli Mobile app Viber, allows free phone calls, text messaging and picture sharing from phone and computer.

By and Reuters

 

Viber, the Israeli mobile application that allows users to make phone calls and send text messages for free, is in talks with a potential Chinese buyer for a deal that could be worth around $300 million.

Viber logo

Viber logo

The news comes some six months after Viber approached investment banking firm Goldman Sachs to help it find a buyer. Viber has a large user base in Southeast Asia, although the negotiations are said to be proceeding at a slow pace with the Chinese firm.

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