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CTech's Tuesday Roundup of Israeli Tech News

China blasts U.S. over warnings on Israeli infrastructure projects; Israeli blockchain entrepreneur Moshe Hogeg says he was victim to a digital coin sting

CTech 14:3223.01.19

China blasts U.S. over warnings on Israeli infrastructure projects. In a press event Monday, Chinese foreign ministry spokeswoman Hua Chunying called the American warnings “ridiculous.” Read more

Chinese president Xi Jinping and Donald Trump. Photo: Getty Images Chinese president Xi Jinping and Donald Trump. Photo: Getty Images
Israeli blockchain entrepreneur Moshe Hogeg says he was victim to a digital coin sting. Hogeg wrote on Facebook that a “large sum” was stolen from him on Monday when he attempted to buy GRIN coins in an over-the-counter (OTC) transaction. Read more

 

Israel up five places on Bloomberg’s innovative countries list. Israel was ranked fifth on Bloomberg’s annual list published Tuesday, ahead of countries like the U.S. and Japan. Read more

 

AI microprocessing chipmaker Hailo raises $8.5 million Hailo. develops microprocessing chips for artificial intelligence applications on edge devices used in autonomous cars, UAVs, IoT devices, and smart home appliances. Read more

 

Hair-treatment company Novomic partners with China’s CIB to Develop Products for Asian Market. Novomic developed a device capable of vaporizing capsulated liquids into gas, offering a shampoo-free treatment against lice. Read more

 

Mali Prime Minister to visit Israel before elections, report says. Located in western Africa, Mali, where the population is 95% Muslim, severed its ties with Israel following the Yom Kippur War of 1973. Read more

 

German business intelligence company Adjust acquires fraud prevention startup Unbotify. Unbotify develops machine learning-based bot-detection technologies that analyze human behavior patterns to distinguish between genuine users and automated scripts. Read more

 

Overstock.com’s Patrick Byrne backs digital wallet startup Colu. Colu raised approximately $7 Million from Byrne, whom the company CEO calls a “strategic investor.” Read more  

 

Fattal Hotels sets up traveltech investment venture. Called Ventures Journey, the investment firm, launched in partnership with Tel Aviv-listed Spring Ventures, will invest in private companies and projects developing travel and hotel-related technologies. Read more

 

Content creation service Slidely rebrands as Promo. Slidely’s services enable users to create and share visual content such as collages, galleries, and videos. Read more

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