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Waze wins Best Mobile App award at Mobile World Congress

As reported in Globes: The Israeli navigation and traffic congestion app was named the winner by the GSM Association at the World Mobile Congress. Waze Ltd. won the Best Overall Mobile App by the GSM Association in the 2013 Global Mobile Awards at the Barcelona World Mobile Congress yesterday. The Israeli navigation and traffic congestion […]

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Apple Opens Ra’anana Development Center

As reported in Globes: The new development center, Apple’s third in Israel, will be based on employees recently fired by Texas Instruments. Apple Inc.  is opening a development center in Ra’anana. The new center will be staffed by 100-150 employees who were fired several weeks ago by chipmaker Texas Instruments Inc. (TI), which decided to […]

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Samsung to Open Startup Center in Israel

As reported in Ynet: Global technology giant launches international innovation and strategy center with branch in Ramat Gan, expected to invest millions of dollars in companies and academia. Samsung is putting Israel on the map again: The global technology giant on Tuesday launched its new initiative, an international innovation and strategy center. The center’s headquarters […]

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ISRAELI 2012 TECH EXITS TOP $5.5 BILLION

Israeli tech startups were bought out for a record total of $5.5 billion in 2012 according to a report by PricewaterhouseCoopers. A report also showed that in 2012 Israel had 50 deals with an average deal size of $111 million, compared with 63 deals with an average size of $81 million in 2011. According to […]

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Possible Apple Aquisition of Waze

As reported by Techcrunch: There can be no doubt that one of the hottest startups of the last couple of years has been social sat-nav smartphone app Waze. Not surprising in an era when – largely due to Apple initially dumping Google Maps in iOS 6 – everyone woke up, as if from some slumber, […]

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Australia’s Telstra curtails Amdocs project

  As reported in Globes: A large project of Amdocs Ltd. in Australia is about to shrink. “Globes” has learned that telecommunications company Telstra, an Amdocs customer since 2006, has informed Amdocs of its intention of ceasing to receive some of the support services that the company currently provides. The contract between the two sides, […]

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Woodside in $1.2b Israeli LNG deal

As published by the ASX: Woodside has reached an agreement in principle to acquire a participating interest in one of the largest recent gas discoveries worldwide, which could see the company play a key role in the potential development of a liquefied natural gas industry in Israel. The Leviathan Joint Venture participants, Noble Energy Mediterranean […]

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Tel Aviv Ranks 2nd in Global Start Up Cities List

Tel Aviv has ranked 2nd in a list of top cities for startups around the world, and is the only non-Us city to feature in the top 5. The ranking reiterates the buzz of startup activity that is currently taking place in Israel and specifically in Tel Aviv.

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How Iron Dome technology protects Israel

Israeli innovation is behind the Iron Dome system that has saved countless lives from missiles fired from Gaza. When a missile is fired towards an Israeli city, in matter of a seconds the Iron Dome’s electronic sensors analyze the trajectory of the rockets and determines if one of them is headed for a built-up area of the city. Two missiles dart out of the system’s mobile launcher, painting white streaks across the sky and colliding with the rocket somewhere above Israel’s urban center.

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Israeli PM meets with Woodside CEO Peter Coleman

As reported in Globes.co.il: Woodside CEO Peter Coleman told Deputy Foreign Minister Danny Ayalon that Asia is the best market for LNG exports. “Natural gas is a strategic asset for the future of the Israeli economy, Prime Minister Benjamin Netanyahu told Australia’s Woodside Petroleum Ltd. CEO Peter Coleman at a meeting today. Minister of Energy […]