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Israeli Police Collaborate with Binance to Freeze Hamas Cryptocurrency Accounts

11Oct By AdityaNo Comments

News

Israeli Police Collaborate with Binance to Freeze Hamas Cryptocurrency Accounts

Tel Aviv, 11th Oct 2023: In a swift operation, the Israeli police, alongside the Blade 433 cyber unit, the National Counterterrorism Headquarters, the Israel Securities Authority, and various intelligence bodies, have successfully frozen multiple cryptocurrency accounts linked to Hamas. This action followed the militant group's surprise attack over the weekend. Suspicions arose when Hamas, deemed a terrorist organization by the United Nations, launched a fundraising campaign on social media platforms following the outbreak of war. Encouraging the public to deposit cryptocurrencies into their accounts, Hamas aimed to amass financial support for their activities. Recognizing the urgency, the Police Cyber Unit and Ministry of Defense swiftly mobilized to locate and freeze the identified...

5Feb By AnkitaNo Comments

FUNDING

Israeli Start-up Kardome Raises Seed Funding from Hyundai

TEL AVIV, Israel, Feb. 4, 2020-- Israeli startup Kardome raises seed round, led by Korean car giant Hyundai Motor Company. Kardome was founded in January 2019 by serial entrepreneurs Dani Cherkassky and Alon Slapak, with the goal of meeting the growing demand for reliable voice control technology from automakers and electronics manufacturers. Kardome's technology gives the machine better "ears" through algorithms that manage to isolate the user's voice, even in a noisy environment with multiple speakers and background noises that are active at the same time. Kardome's technology combines dedicated software with the use of microphones that exist in various products. Kardome software enables the implementation of a new generation of voice user interface, operating reliably even in...

Walmart India’s E-commerce Entity Flipkart Acquires Israel Based Startup

26Sep By Press Trust of IndiaNo Comments

ACQUISITION

Walmart India’s E-commerce Entity Flipkart Acquires Israel Based Startup

E-commerce major Flipkart said it has acquired Israel-based Upstream Commerce for an undisclosed amount as the Walmart-backed firm aims to further strengthen its selection and pricing capabilities. Flipkart, which is locked in an intense battle for market leadership in India against American rival Amazon, will get access to advanced data science-based intelligent solutions through the acquisition, it said in a statement. The buyout of Upstream Commerce, which offers cloud-based, automated competitive pricing and product analysis solutions, will also strengthen Flipkart's ability to deliver insights to its sellers, it added. Post the acquisition, the Upstream Commerce team, while continuing to work out of Israel, will become part of Flipkart. "With the Upstream acquisition, we wil...

Xiaomi Launches its First Official Store in Israel

15Aug By Gauri SinghNo Comments

MIDDLE EAST

Xiaomi Launches its First Official Store in Israel

The ever emerging Chinese smartphone maker Xiaomi announced that it has launched its first official store in Israel. The store was opened in the coastal city of Tel Aviv on Tuesday. The company stated that the newly set up store will be offering more than 100 products, that will comprise of smartphones, laptops, cameras, speakers, routers, headsets, electric scooters, smart kettles, electric toothbrushes, smart robotic vacuum cleaners, smart watches, chargers and selfie sticks among others. Talking about the market share, the company covers about 14 percent market share in Israel which is huge. After Apple and Samsung, the Chinese player stands at the third position in Israel’s smartphone market. At a cost of $ 270,000 (1 million new shekels), the store is situated at the Dizengof...

Facebook Acquires Israeli Messaging Company REDKIX

27Jul By AnkitaNo Comments

ACQUISITION

Facebook Acquires Israeli Messaging Company REDKIX

Redkix, an Israeli email startup that provides tools to combines email, messaging and calendar features more effectively into one app has been acquired by Facebook. Facebook made the purchase in hopes of building out its own communication features inside Workplace, which is the enterprise version of Facebook. Redkix has raised $20 million and has offices in both Silicon Valley and Israel, it had from investors including Salesforce Ventures, has offices in California and Tel Aviv. The social networking giant declined to say what it paid in the acquisition. Facebook launched Workplace in 2016, which is a subscription-based social platform for businesses, is used internally by Facebook employees, is more like the regular, consumer version of Facebook which means that it has features lik...

Testing Firm Applause Raises $35 Million in Series F

15Sep By NitishNo Comments

FUNDING

Testing Firm Applause Raises $35 Million in Series F

Applause, the in-the-wild digital testing leader, announced it has raised $35 Million in a Series F financing round. The largest new investor in this financing round was Credit Suisse, and the round also included an investment by strategic partner, Accenture. The funding will increase the company’s investment in its strategy as the go-to source for improving customers’ digital experiences. This round brings Applause’s total funding-to-date to more than $115 Million. As the company formally launches its expanded Digital Experience solutions in the coming months, this funding enables Applause to: Further expand its in-the-wild digital testing services. The company will invest heavily in its real-world testing services that enable omni-channel testing – from web to mobile to IoT to bric...

Israel Satellite Owner Demand $50 Million or Free Flight From SpaceX

5Sep By reutersNo Comments

News

Israel Satellite Owner Demand $50 Million or Free Flight From SpaceX

Israel's Space Communication Ltd said on Sunday it could seek $50 million or a free flight from Elon Musk's SpaceX after a Spacecom communications satellite was destroyed last week by an explosion at SpaceX's Florida launch site. Officials of the Israeli company said in a conference call with reporters Sunday that Spacecom also could collect $205 million from Israel Aerospace Industries, which built the AMOS-6 satellite. SpaceX said in an email to Reuters that it does not disclose contract or insurance terms. The company is not public, and it has not said what insurance it had for the rocket or to cover launch pad damages beyond what was required by the Federal Aviation Administration, which oversees commercial U.S. launches, for liability and damage to government property. SpaceX h...

T-Hub Tie-up With Israel’s StarTau For Agritech Startups

8Jun By AnkitaNo Comments

News

T-Hub Tie-up With Israel’s StarTau For Agritech Startups

T-Hub, a technological incubator started by the Telangana government, today said it has signed an MoU with Tel Aviv University's entrepreneurship centre StarTau for launching an accelerator program for agritech startups. According to an official release from T-Hub, an accelerator program will be launched in India and Israel and it will be a part of T-Hubs T-Challenge program charter which will focus on agritech for facilitating the growth of startups in this sector. The program will start in October 2016. "The Israeli innovation corridor for T-Hub is an extremely important one, given the opportunity India has to innovate over the next few years and Israels offering. "T-Hub is paving the way to lead this effort in healthtech, agritech and data sciences through T- Hubs cluster-f...

Startup India, Standup India- What India can learn from Israel

31Aug By No Comments

BLOGS

Startup India, Standup India- What India can learn from Israel

If Prime Minister Narendra Modi's Independence Day dream of India succeeding as 'startup' country has to kick start, there is a lot to learn from the original 'startup nation' Israel. The tiny country of Israel mushrooms almost two new startup companies every day and today houses some 5000 startups. New Delhi of course is just starting up! On being asked if Modi's call for a 'startup India' can succeed, Israel Prime Minister Benjamin Netanyahu said "As far as the 'startup nation' I think this has a lot to do with entrepreneurial spirit. I have noticed that in Silicon Valley (USA), you hear Indian dialects and you hear Hebrew, sometimes you hear some English, which means there is a lot (happening). There is a lot of spirit for enterprise in both our countries." He also added that he e...