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CTech's Wednesday Roundup of Israeli Tech News

Symantec acquires security startup Luminate; Fake content is less prevalent than people assume, says researcher

CTech 14:0513.02.19
Symantec acquires security startup Luminate. This is Symantec fourth acquisition in Israel in less than two years. The company bought Tel Aviv-based cybersecurity startup Javelin Networks in November 2018. Read more


Fake content is less prevalent than people assume, says researcher. After looking at over 16,000 twitter accounts of registered U.S. voters, newly published research concluded that 80% of 2016 election-related fake news tweets originated with only 0.1% of the users, and were read by only 1%. Read more
Moovit. Photo: Amit Sha'al Moovit. Photo: Amit Sha'al
Microsoft, TomTom partner with Israeli navigation startup Moovit. Microsoft, Dutch navigation app developer TomTom, and public transportation trip-planning app Moovit unveiled a joint trip planning app based on Microsoft’s Azure Maps technology. Read more


Mind the Tech NYC | Late-Stage Venture Firm Qumra to Showcase Promising Israeli Pre-Growth Startups in New York. As part of Calcalist’s third annual Mind the Tech conference, Qumra will present a list of Israeli companies its partners believe have the greatest potential. Read more


Trading firm Plus500 crashes on profit warning. Despite increased revenues in 2018, measures adopted by the European Securities and Markets Authority regarding the industry are "likely to result in 2019 profit being materially lower,” the company stated. Read more 


Anchiano Therapeutics stock falls on Nasdaq IPO. The cancer treatment company priced its ADSs at $11.5 per unit, expecting proceeds of $30.5 million. Read more


Giorgio Armani Beauty to set up shop in Tel Aviv. The store will open in Israel’s most expensive mall, Ramat Aviv Mall. Read more


WeTechBerlin | Trade wars, autonomous car race pushing Tel Aviv and Berlin closer. In recent years, Berlin has attracted a great number of entrepreneurs that turned it into one of Europe's leading tech hubs, alongside London and Paris. Read more


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