Monthly Archives: August 2019

Going underground

Israel’s unique and breathtaking subterranean scenery is attracting a growing number of cavers. Around three years ago, Yoav Negev founded the Israel Cave Explorers Club and, more recently, a rescue unit that is now part of the European Cave Rescue … Continue reading

Posted in Culture, Entertainment & Sport | Leave a comment

NBA’s loss is Israel’s gain

Omri Caspi was the first Israeli to play in the National Basketball Association league. He has now returned to Israel, having signed a 3-year contract to play for Maccabi Tel Aviv. He said he was “proud and excited to be … Continue reading

Posted in Culture, Entertainment & Sport | Leave a comment

Over one thousand backers for ALS therapy developer

I reported previously (Mar 2017) on Israel’s NeuroSense, which is developing a treatment for amyotrophic lateral sclerosis (ALS). NeuroSense has just raised NIS 4 million from over 1,100 backers in a crowdfunding campaign. https://www.calcalistech.com/ctech/articles/0,7340,L-3767719,00.html

Posted in Economy & Business | Leave a comment

Direct flights from Dallas

American Airlines is launching a non-stop service from Dallas/Fort Worth, Texas to Tel Aviv. The 3-flights-a-week operation will commence in Sep 2020 and will be American Airlines’ first direct service to Israel since 2015. https://www.israelhayom.com/2019/08/09/american-airlines-to-fly-nonstop-from-dallas-to-israel-starting-in-2020/ http://www.israelnationalnews.com/News/News.aspx/267139

Posted in Economy & Business | Leave a comment

Summer jobs lead to hi-tech careers

During the summer months, many Israeli hi-tech companies offer 10-week paid internship programs to the children of their employees. The students receive practical experience, while the company gets highly motivated temporary workers for little recruitment cost. https://www.calcalistech.com/ctech/articles/0,7340,L-3768306,00.html

Posted in Economy & Business | Leave a comment

Emigration from Israel at record low

The number of Israelis moving abroad fell to the lowest level in more than three decades. Since 2002, emigration has fallen by half, from 27,300 emigrants in 2002 to 14,300 in 2017. Returning Israelis and new immigrants results in a … Continue reading

Posted in Economy & Business | Leave a comment

Billion-dollar exit for Clicksoftware

US software giant Salesforce.com has already acquired several Israeli startups and some 500 of their employees.  But its latest $1.35 billion takeover of Israel’s workforce management software startup Clicksoftware, and its 700 employees, dwarfs all of them. https://www.calcalistech.com/ctech/articles/0,7340,L-3767933,00.html

Posted in Economy & Business | Leave a comment

Corindus exits for $1.1 billion

I reported previously (Oct 2014) on Israeli-founded Corindus Vascular Robotics and its robotic-assisted medical devices for groundbreaking catheterizations. Now, German medtech company Siemens Healthineers is acquiring Corindus, and its 100 employees, for approximately $1.1 billion. https://www.calcalistech.com/ctech/articles/0,7340,L-3767997,00.html

Posted in Economy & Business | Leave a comment

Another $200 million for Cybereason

I reported previously (see here) on Israel’s Cybereason, which uses AI and big data analytics to protect a company’s endpoints. In two years, Cybereason has tripled its customer base and now protects 6 million endpoints. Japan’s Softbank has just led … Continue reading

Posted in Economy & Business | Leave a comment

FAA approves food deliveries by drone

I reported previously (Sep 2017) when Israel’s Flytrex began commercial food deliveries by drone to customers in Iceland.  Now, the US Federal Aviation Administration has given approval to Flytrex for a trial delivery of food by drone to residents in … Continue reading

Posted in Economy & Business | Leave a comment