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The annual demo event of the Start-Up Accelerator of Kama-Tech, the leading organization for the integration of ultra-Orthodox in Israeli high-tech, took place. The event was held on Google's new campus in Tel Aviv, with the participation of US Deputy Ambassador to Israel Terry Davidson, Google's global vice president and director of Google's development center in Israel, Prof. Yossi Matias and Moshe Friedman, founder of Kama-Tech. KAMA-TECH's Exelter Program is a unique program that completed the fourth year of the year. The nine start-up companies of the ultra-Orthodox entrepreneurs and...

Mellanox, one of the largest chip companies in the world, was sold to US chip giant Anbidia for $ 7 billion. This is the second exit of the company's founder and CEO, hi-tech entrepreneur Eyal Waldman, after his Galileo was floated on the stock exchange about 20 years ago. Under the terms of the agreement, Anbidia will acquire all the issued and outstanding ordinary shares of Mellanox for $ 125 per share in cash, representing the total value of the Company's operations. The acquisition will bring together two of the world's leading high performance computing (HPC) companies. Together,...

The Investment Authority of the Ministry of Economy and Industry, will implement a program to integrate interns from the Arab population in the industrial and high-tech sectors. The program is designed to help employers from the high-tech industry integrate students and graduates of higher education institutions in Israel from the Arab population, including Druze, Bedouin and Circassians studying technological subjects. The course is intended for corporations from all over the country dealing with elite technologies, companies in the pharmaceutical industry, electronic components,...

SAP announced the launch of its first SAP.iO Foundry for Tel Aviv. The Tel Aviv location is designed to help and support early stage business-to-business (B2B) startups build innovative software and deliver high value for SAP customers. The 12-week startup accelerator program commences in July 2019 and will comprise of up to 10 start-ups focused on deep technology and the intelligent enterprise to deliver incremental value to SAP’s customers. The official announcement was made on the main stage at OurCrowd Summit 2019, Jerusalem, by Ram Jambunathan, senior vice president and managing...

A business delegation from India, the fastest growing economy in the world, arrived in Israel. This week, the "India Week in Israel" events are being held under the leadership of the Innovation Authority, the Indian Embassy in Israel and the Foreign Trade Administration of the Israeli Ministry of Economy in New Delhi. During the events, a delegation of 30 CEOs and chairmen of leading companies in the Indian high-tech and technology industry arrived in Israel for a cooperation conference in the field of innovation

The International Bank has signed a cooperation agreement for the issuance of credit cards with Leumi Card and will offer the cards under all of the Group's brands: the International Bank, Otsar Hahayal, Massad, Ubank and Pagi, in addition to the existing credit cards of Isracard and CAL. Upon completion of the transaction, the Bank will comply with the requirements of the law, and no additional credit company will be required, since it already works with CAL and Isracard, and will actually work with all existing credit companies in the market

In Breslona, ​​the third day of the MWC cellular exhibition takes place. The Israel Export Institute said that the Israeli pavilion is a pilgrimage site. One hundred and twenty Israeli companies are participating in the exhibition this year, sixty-five of them in the Israeli pavilion. The exposure of Israeli technologies is arousing great curiosity among visitors. So far, more than two thousand business meetings have been held with representatives of the giant companies Samsung, Google, Mercedes, Volvo, Toyota Varizon and many others

A historic achievement for Israel at the Oscars: Israeli director Guy Nativ won the Academy Award in the Short Feature Film category for his film "Skin". "Good night Israel," Nativ said in a winning speech. "My grandparents are Holocaust survivors, and the intolerance that they suffered from can be seen today in the United States and Europe, and this film is about education and about teaching your children a better way." Nativ is the first Israeli director to win an Oscar since 1978, when director Moshe Mizrahi won his French film "All Life Before Him." Screenwriter Sharon Maimon, who was...

A research group from the School of Engineering and Computer Science at the Hebrew University, under the direction of Prof. Amnon Shashua, has succeeded in proving mathematically that methods leading the field of artificial intelligence can help to understand phenomena in quantum physics, "This is an exceptional event in which the leading scientific journal in physics publishes the work of researchers from another field - computer science, and we are at a turning point in which computing power and methods Modern artificial intelligence, allow cross-domain contribution, and for example will...

Gross domestic product (GDP), at constant prices and after seasonal adjustment, rose by an annualized 2.2% in the second half of 2018, according to the first estimate released by the Central Bureau of Statistics on Sunday, following a 3.4% In the first half of the year and an increase of 4.3% in the second half of 2017. The decline in growth is explained by the stagnation in exports of goods and services, the decline in investments and the slowdown in expenditure on private consumption, and mainly in the purchase of vehicles