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