Shai Agassi Is Back in Car Business

Shai Agassi (Wikipedia) Shai Agassi is back in the automobile business. He is probably best known for having been the man behind Israel’s very own electric car company Better Place. It was hoped that the company would give Israel its very own Tesla. But, unfortunately, it was not to be and Better Place declared bankruptcy […]

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Israel High Tech Scene May 7 – 13

Tel Aviv at sunset, Israel New Startups / VC FundingRedefine Meat Raising Another $250 Million For Meat SubstitutesThe Israeli startup Redefine Meat is raising an additional $250 million in funding. The company develops meat substitutes with 3D printing that it says taste just like the real thing. Calcalist reported that Bank of America is working […]

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Intel: Israeli-developed processor doubles the throughput of Nvidia’s

Israeli developed processor. Avigdor Willenz Habana Labs. Photo sourcewith permission Techtime Israeli startup Habana Labs, the developer of AI deep learning processors for data centers, has introduced its second-generation CPU that strengthens its rivalry with Nvidia. Intel acquired Habana Labs for $2 billion in 2019. According to Intel’s release, the recently revealed Gaudi®2 processor and Greco […]

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NanoLock Snags Tamir Pardo Ex-Mossad Chief

Tamir Pardo (Wikipedia) NanoLock Security, an Israeli cyber security firm offering flash-to-cloud protection for IoT and connected edge devices, has brought in former Mossad Director Tamir Pardo as a member of its Advisory Board. In his new role, Tamir Pardo will advise company CEO Eran Fine and the company’s senior management on technological and commercial […]

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Europe Adds New ETIAS Entry Fee From 2023

Pay to Travel EU countries Beginning in May 2023, visa-exempt passengers will be required to apply for the European Travel Information and Authorization System (ETIAS) at the cost of €7/$7.50 to enter any of the 26 European countries included in the program.  The European Commission has reaffirmed that ETIAS will apply to the EU Member […]

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Chelsea FC sold to American Todd Boehly’s group for a £4.25 billion deal

Chelsea FC sold. Roman Abramovich. Photo by Marina Lystseva, Wikipedia Chelsea FC confirmed to reports that the new ownership consortium chaired by Todd Boehly, co-owner of the Los Angeles Dodgers baseball franchise, would purchase the football club in a deal valued around £4.25 billion. Californian private equity company Clearlake Capital would control the majority of […]

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Teddy Bear Hospital in Israel tries to reduce children’s medical worries

Teddy Bear Hospital. photo by National Cancer Institute/ Unsplash Bar-Ilan University’s Azrieli Faculty of Medicine Complex in Safed transforms into ‘Teddy Bear Hospital,’ to help toddlers and preschool children to undergo hospitalization. Children are invited to bring their teddy bears and dolls to be checked by medical students and staff during the popular annual community […]

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