Monthly Archives: October 2019

Israel to compete in Tour de France

Israeli cyclists will be competing in the 2020 Tour de France for the first time ever. It follows the Israeli cycling team’s inaugural entry in the high-profile Giro d’Italia that began in Jerusalem last year. Israel joined the Pro Continental … Continue reading

Posted in Culture, Entertainment & Sport | Leave a comment

September tourism skyrockets

Some 405,000 tourists visited Israel in September 2019, 44% more than in September 2018. Between January and September 2019, nearly 3.3 million tourist entries were recorded, compared to 2.9 million in the same period last year, an increase of 13%. … Continue reading

Posted in Economy & Business | Leave a comment

Eco-friendly Pepsi and 7 Up

The first fruits of PepsiCo’s $3.2 billion purchase of Israel’s Sodastream are about to bubble through. Sodastream is to manufacture concentrates for 10 of PepsiCo’s most popular soft drink brands. The savings are mainly environmental – a reduction in the … Continue reading

Posted in Economy & Business | Leave a comment

Toyota likes new Israeli wheels

As reported previously (14th July) Israel’s REE enables a vehicle’s drive components to be fully integrated into a wheel, known as a FlatFormer, improving stability, space and energy efficiency.  Toyota Group’s truck subsidiary Hino Motors is now using REE’s technology … Continue reading

Posted in Economy & Business | Leave a comment

Turning empty urban spaces into robotic delivery centers

Israeli-founded startup Fabric, incorporated as CommonSense Robotics, turns underutilized urban retail spaces into 1-hour delivery centers where robots store, sort, and process inventory. Fabric has just raised $110 million to expand its team in both Israel and the U.S. https://www.calcalistech.com/ctech/articles/0,7340,L-3772271,00.html

Posted in Economy & Business | Leave a comment

Sapiens acquires Spanish consultants

Israeli insurance software company Sapiens (see here) employs over 2,500 people globally and is still growing. It has just taken over Madrid-based insurance consultants Calculo. The acquisition will help Sapiens enter the Spanish market. https://www.calcalistech.com/ctech/articles/0,7340,L-3771814,00.html

Posted in Economy & Business | Leave a comment

Next Insurance becomes a Unicorn

Israeli founded Next Insurance employs 85 people in Israel and over 100 in the U.S. It has just raised $250 million to push its valuation over the $1 billion mark and give it the financial status of a “Unicorn”. The … Continue reading

Posted in Economy & Business | Leave a comment

Israeli insurer finds the best doctors

Israel’s Phoenix Insurance has partnered with Israel’s Air Doctor (see here) which locates recommended doctors for travelers to Europe and the Americas. The joint service has already helped Phoenix increase traveler’s health insurance revenues and reduce medical visit claim costs. … Continue reading

Posted in Economy & Business | Leave a comment

Philippines buys Israeli-built jet

The Philippines new $38.7 million Gulfstream G280 Presidential plane was developed and manufactured by Israel Aerospace Industries.  The Philippine government considers the plane “a necessary component of its modernization program” and not solely for use by President Duterte. https://www.calcalistech.com/ctech/articles/0,7340,L-3771890,00.html

Posted in Economy & Business | Leave a comment

ESPN uses Israeli tech to broadcast US sports

US cable sports channel ESPN is partnering Israeli automated video startup Pixellot to broadcast the America East Conference on ESPN’s digital platforms. With Pixellot’s multi-camera system, ESPN will show soccer, field hockey, lacrosse and volleyball games to new audiences. https://www.sportsvideo.org/2019/10/14/espn-embraces-automated-production-for-coverage-of-american-east-on-digital-platforms/ … Continue reading

Posted in Economy & Business | Leave a comment