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CTech's Sunday Roundup of Israeli Tech News

Stryker buys orthopedic device company OrthoSpace for up to $220 million; Facebook emails election ad policies to Israeli party officials

CTech 14:0017.03.19

Stryker buys orthopedic device company OrthoSpace for up to $220 million. The Israel-based company develops a biodegradable balloon that can be implanted in a minimally invasive procedure between two bones, preventing friction and alleviating pain. Read more

 

Facebook emails election ad policies to Israeli party officials. As of last month, Israeli legislation prohibits anonymous political publications posted online. Read more
Facebook founder Mark Zuckerberg. Photo: Facebook Facebook founder Mark Zuckerberg. Photo: Facebook
Opinion | Does the right to be forgotten mean never having to say you’re sorry? Taking down offensive online content when it becomes problematic to our narrative is not a new concept but a standard operating procedure, replacing the socially responsible practice of acknowledging mistakes and apologizing for them. Read more

 

Israel hopping on the opiate regulation wagon. The Israeli health ministry is setting up a task force to examine current regulation, with the intention of halting the increasingly frequent prescription of opiates in the country. Read more

 

MinuteMedia acquires The Big Lead from Gannett. Goldman Sachs-backed MinuteMedia is the publisher of several sports news websites. Re ad more

 

Breaking into the U.S. market: advice from entrepreneurs who did it. Tel Aviv-based venture capital firm Qumra will showcase ten promising Israeli startups at Calcalist’s third annual Mind the Tech conference in New York. Read more

 

Opinion | For the next generation of Israeli startups, company culture is a big challenge. The Israeli tech ecosystem has matured tremendously in the past three decades, and this evolution has altered the DNA of the organizational culture. Read more

 

New York’s TLC to implement carsharing technologies. The technology will be supplied by GoTo Mobility, a fully owned subsidiary of Tel Aviv-based car-sharing company Car2go and will let the drivers leasing the car manage their sub-leases and receive payments. Read more

 

Rail Vision announces $10 million investment from Knorr-Bremse. The announcement confirmed a previous report of the investment by Calcalist. Read more

 

Anchiano Therapeutics schedules TASE delisting. Based in Jerusalem and Cambridge, Massachusetts, clinical-stage Anchiano develops gene therapies for cancer, with a special focus on bladder cancer. Read more

 

Turkish Airlines to launch Tel Aviv-Izmir route. The route between Tel Aviv’s Ben Gurion International Airport and Izmir Adnan Menderes Airport will begin operating on May 29, on a four-flights-per-week basis. Read more

 

Satellite troubles prompt Israeli broadcaster to switch to fiber optics. Israeli satellite television provider Yes announced Thursday it will phase out its satellite-reliant broadcasting in favor of internet-based television, following other local rivals. Read more

 

Video advertising startup Innovid appoints Seamus Whittingham as managing director, EMEA. Founded in 2007, Innovid partners with brands and ad agencies to deliver videos to connected TVs, mobile devices, and social platforms. Read more

 

Tel Aviv startup Verbit launches real-time transcription service. Verbit’s transcription service works on a pay-per-minute price model. Read more
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