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CTech's Monday Roundup of Israeli Tech News

Mueller investigation of Russian oligarch sinks Israeli predictive analytics company; Facebook temporarily blocks Netanyahu’s son for hate speech

CTech 13:4917.12.18
Mueller investigation of Russian oligarch sinks Israeli predictive analytics company. Tel Aviv-based Fifth Dimension has recently fired all of its employees. The company is chaired by Benny Gantz, the Israeli military’s former Chief of Staff. Read more
Robert Mueller. Photo: Getty Images Robert Mueller. Photo: Getty Images
Facebook temporarily blocks Netanyahu’s son for hate speech. The social network temporarily banned the son of the Israeli Prime Minister following three anti-Muslim posts, prompting him to take to Twitter and accuse Facebook of operating a "thought police." Read more

 

Searching for available, affordable talent, Israeli tech companies look to Ukraine. A new report on the Israeli tech industry shows that talent shortage is increasingly pushing local tech companies to establish research and development operations offshore. Read more  

 

This social network wants you to share your difficult moments, not your “perfect life.” Support communities startup Wisdo has $11 Million in funding. It aims to connect people who share similar struggles. Read more

 

Citi, Credit Suisse, Goldman Sachs, and J.P. Morgan back fintech startup AccessFintech. The fintech company raised a $17.5 million Series A to further develop its risk and exception management services. Read more

 

Israel sets up a government quantum research fund. Israeli Prime Minister Benjamin Netanyahu said the goal of the new fund is to place Israel “at the top of global technology and research.” Read more

 

U.S. Imposes sanctions on former Israeli general for arms trade with South Sudan. Update: Israel Ziv, the former general, was interviewed on Israeli television Sunday and stated the accusations are baseless and that he hasn't "even sold scissors there." Read more

 

News Briefs

 

Cloud company Cloudify raises $7 Million. Read more

 

Daimler's real estate subsidiary partners with blockchain company ChromaWay. Read more

 

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