CTech's Tuesday Roundup of Israeli Tech News
Israel Won’t Settle for Airbnb’s Settlement Snub; Mobileye picks Amazon Web Services to handle autonomous vehicle cloud data
Mobileye picks Amazon Web Services to handle autonomous vehicle cloud data. In October, Mobileye announced a partnership with Volkswagen Group and Israeli car importer and distributor Champion Motors to launch a self-driving taxi service in Israel in early 2019. Read more
Amazon's CEO Jeff Bezos. Photo: Reuters Analysis | Explaining Israel’s interest raise. On Monday, the Bank of Israel raised its benchmark interest rate, for the first time in seven and a half years, from 0.1% to 0.25%. Read more
Amazon Web Services launches ARM core-based custom CPU. The central processing unit was developed by Annapurna Labs, an Israel-based chipmaker acquired by Amazon in 2015. Read more
OECD Secretary-General warns: Israel headed towards tax-evasion blacklist. The Secretary-General sent a letter to Netanyahu, urging the government to ratify the Common Reporting Standard (CRS) treaty. Read more
Russian Multinational Yandex to Operate Yango Taxi Hailing Service Throughout Israel. Yandex’ main rival in Israel is Gett, the local taxi-hailing market leader. Gett is already competing with Yandex on the latter’s home turf, having launched its service in Russia in 2015. Read more
Drone maker Aeronautics reports 23.7% drop in revenues. The Tel Aviv-listed drone maker has been under a probe since September 2017 in an ongoing investigation into its conduct. Read more
News Briefs
11 years overdue, Jerusalem express train to reach Tel Aviv in early 2019, exec says. Read more
Blockchain Securities Startup Securitize Raises $12.75 Million. Read more
