CTech’s Sunday Roundup of Israeli Tech News

Israeli suspects in alleged Philippine-based stock scam released from custody. Israel Is getting Its first Apple store.

CTech 16:4017.06.18

Israeli suspects in alleged Philippine-based stock scam released from custody. The decision came about after the Philippine prosecutor general told the court that an investigation did not currently support the suspects’ guilt. Earlier this month, Philippine authorities arrested almost 482 employees from Philippines-based International Branding Development Marketing Inc., or IBD-M, including eight Israeli citizens. Read more


Apple store, New Work. Photo: AP Apple store, New Work. Photo: AP



Israel Is getting Its first Apple store. The store, to be located at Tel Aviv’s Azrieli Sarona office tower, will provide similar services to those offered by Apple stores worldwide. Apple’s Israeli development team worked in the past on the company’s A11 Bionic system on a chip, which powers iPhone X, on the integrated Wi-Fi Bluetooth chipset in and the Apple Watch, and on storage components used in Apple devices. Read more


Facebook executive describes monumental task of detecting and removing terrorism content. Erin Marie Saltman, a director of counterterrorism police at Facebook, discussed the social network’s first-ever Community Standards Enforcement Report, which was released last month. Facebook removed 1.9 million posts related to terrorist groups Al Qaeda and ISIS in the first quarter of the year, Ms. Saltman said. Read more


Opinion: the newsroom Is finally facing a revolution. Forget about tape recorders and moral questions—the newsroom, and journalism as you know it, is about to change, writes Yael Shafrir, vice president of International Partnerships at Disney-backed Playbuzz. Read more


News Briefs


British and Israeli electric truck startup raises $13.5 from India’s Bharat Forge. Read more


Automated pollination company Edete raises $3 million. Read more


Israel’s Innovation Authority launches pilot program for Israeli startups in India. Read more


Insurance startup Lemonade sues European counterpart for copyright infringement. Read more


Biotech company Compugen down on Nasdaq following $21 million direct offering. Read more


Enterprise software company Kryon launches new AI-based product. Read more


Deaths from e-bike accidents are on the rise in Israel. Read more  
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