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CTech's Thursday Roundup of Israeli Tech News

Qualcomm sets up $100 million AI fund, invests in AI startup AnyVision: Airbnb faces lawsuit in the U.S. following Israeli settlement ban.

CTech 17:3829.11.18
Qualcomm sets up $100 million AI fund, invests in AI startup AnyVision. Qualcomm will invest in startups developing autonomous cars, robotics and machine learning platforms via its venture arm, Qualcomm Ventures. Read more

 

Airbnb faces lawsuit in the U.S.over Israeli settlements ban. A group of 18 Americans has filed a lawsuit in Delaware against Airbnb following the company’s announcement that it will be removing listings in Israeli settlements in the West Bank. Read more 

An Israeli settlement in the West Bank. Photo: Wikimedia An Israeli settlement in the West Bank. Photo: Wikimedia

Bondholders bash Matomy for intention to renegotiate bond terms. The Tel Aviv-based digital marketing company announced its intention to renegotiate its debt management plan last week, sending its stock plummeting. Read more

 

Boeing and IAI sign strategic cooperation agreement. Per the agreement, Boeing is expected to provide the Israeli government-owned defense contractor with contracts relating to probable future Boeing sales to Israel and the Israeli military. Read more

 

Israeli defense contractor ELTA to supply drone detection system to G20 Summit. Elta’s Drone Guard system will be used to secure the 2018 Youth Olympics and the G20 Summit taking place in Buenos Aires later this week. Read more  

 

 

News Briefs

 

Japan partners with Israel on cybersecurity scheme. Read more

 

Hotel fee analytics company Hotelmize raises $3.2 million. Read more

 

Teva, Celltrion gain FDA approval for generic blood cancer bio-drug. Read more

 

Israeli-founded social media management startup Tracx pulls out of Israel. Read more

 

 

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