Hitech

The Supreme Court ruled that claims filed by Israelis against Facebook will be clarified in Israeli courts, even though the agreement to join the site states that they will be found in a court in California, the United States. The court accepted the attorney general's position that the "Californian" clause in the accession agreement that determines the place of jurisdiction is a depriving condition in a uniform contract and therefore should be annulled. However, the court ruled that the claims would be clarified according to American law, because it has not been proved that the very fact of...

Minister of Economy and Industry Eli Cohen and Israel's ambassador to the United Nations, Danny Danon, opened the festive salute marking 70 years of Israeli innovation at the UN headquarters in New York, attended by more than 500 diplomats and community leader Jewish community in North America. Minister Cohen arrived on an official visit to Canada and the United States as head of a government delegation including Chief Scientist and Chairman of the Innovation Authority, Dr. Ami Appelbaum, Head of the Foreign Trade Administration, Ohad Cohen, and Chairman of the Export Institute Adiv Baruch.

Dutch health giant Philips buys the company from Caesarea founded by entrepreneur Shlomo Ben Haim, who also serves as chairman. According to the deal, Philips will pay 250 million euros in cash and another 210 million euros if the Israeli company meets its milestones. The Israeli company develops cardiac imaging systems and serves as a navigation system for patients with heart failure disorders.

A delegation of Chinese giant corporations arrived in Israel during the IPIEC Global 2018 competition, which aims to locate start-ups around the world at the initial product stage. As part of the competition, start-ups will be able to present new ideas to investors, promote strategic cooperation with companies in China and gain a foothold in new markets and among government officials. The investment in the project is about $ 25 million in innovative projects in the fields of autonomous vehicles, renewable energy, artificial intelligence and robotics, big data, bio-medicine, IT and...

Intel has announced its cooperation with two Israeli start-ups in the cyber field: Duality and Enigma. "I am proud that Israeli companies and partners are launching new solutions that use Intel technology to provide additional protection," said Rick Echeveria, vice president, software and services group and general manager of Intel's Global Platform Security Division, who visits Israel on the occasion of the Cyber ​​Week. Duality is a member of the team8, which is managed by the commander of the former Unit 8200 Nadav Tsafrir, which was founded in 2014 and is a hotbed for initiating and...

An employee at NSO, a cyber-security company stole software from the company and tried to sell it on DarkNet. Due to the security aspects of the software, the employee is accused of attempting to harm property that would have harmed state security. According to the indictment filed with the Tel Aviv District Court, the defendant worked for NSO, which develops cellular tracking tools. After the employee was summoned to a hearing before his dismissal, he downloaded the company's software and tried to sell them to another person, but he turned to the company and reported the transfer and the...

The Authority for Industrial Cooperation and Promotion of Foreign Investment in the Ministry of Economy and Industry publishes a detailed report presenting the contribution of multinational corporations to the Israeli economy, which was conducted in cooperation with the CBS, including a series of personal interviews with six CEOs and senior executives Leading multinational companies in Israel, Intel, IBM, Philips and GM, Flex and Unilever, are presenting for the first time an innovative quantitative study on the contribution of foreign companies to the Israeli economy

Facebook, the largest and most successful social network in the world, announced that it is acquiring the Israeli start-up Redkix. The acquisition price was not disclosed, but the market believes it is a $ 100 million deal. Following the acquisition,Redkix employees will become Facebook employees and join the giant social network