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Thursday, February 02, 2017

How Israeli high tech gets sold to countries that have no diplomatic relations with Israel

Greetings from home - I returned to Israel this evening after an 18-day business trip.

This evening I was told about a company in Israel that is white labeling (which means removing all signs of who the real manufacturer is) for sale to a hostile (i.e. Muslim) country. This is not uncommon. On the very first initial public offering on which I worked when I made aliya, one of the items we had to get permission not to disclose was the fact that the company was about to make a large sale in Malaysia. How does it happen? Jonathan Ferziger and Peter Waldman explain
Trade and collaboration in technology and intelligence are flourishing between Israel and a host of Arab states, even if the people and companies involved rarely talk about it publicly. When a London think tank recently disinvited Bar from speaking on a panel, explaining that a senior Saudi official was also coming and it wasn’t possible to have them appear together, Bar told the organizers that he and the Saudi gentleman had in fact been planning to have lunch together at a Moroccan restaurant nearby before walking over to the event together. “They were out-Saudi-ing the Saudis,” he says.
Peace hasn’t come to the Middle East. This isn’t beating swords into plowshares but a logical coalescence of interests based on shared fears: of an Iranian bomb, jihadi terror, popular insurgency, and an American retreat from the region. IntuView has Israeli export licenses and the full support of its government to help any country facing threats from Iran and militant Islamic groups. “If it’s a country which is not hostile to Israel that we can help, we’ll do it,” Bar says. Only Syria, Lebanon, Iran, and Iraq are off-limits.
Interesting. Three of those four countries are also on the list of countries whose nationals are currently barred (or not barred depending upon whom you ask) from entering the United States under Donald Trump's executive order. 
The Saudis and other oil-rich Arab states are only too happy to pay for the help. “The Arab boycott?” Bar says. “It doesn’t exist.”
Hey - don't tell the Democrats that. They think the Arab boycott exists and will continue to exist until we have 'peace' with the 'Palestinians.' Reality says otherwise.

On the other hand, the Saudis like to hide reality:
Saudi officials declined to speak on the record about possible ties to Israel. Questions e-mailed to the kingdom’s interior ministry and its embassy in Washington for this article were unanswered. A source in Riyadh, insisting on anonymity, e-mailed a statement denying any trade links between Israel and Saudi Arabia:
“In regard to defense systems technology, Saudi Arabia has never dealt with Israel in this field or any other field. Moreover, common sense tells us that in order for Saudi Arabia to get any weapon systems, they have to be bought under trade agreements made with friendly countries that manufacture those systems with official and approved export trade certificates from their governments. It is also certain that Israel is not among the countries that have commercial relations with the Kingdom.”
The Arab embargo of Israel, nominally in force since the Jewish state’s founding in 1948, necessitates that all business between Israel and most Arab states remain strictly off the books, cloaked by intermediaries in other countries. But the volume and range of Israeli activity in at least six Gulf countries is getting hard to hide. One Israeli entrepreneur set up companies in Europe and the U.S. that installed more than $6 billion in security infrastructure for the United Arab Emirates, using Israeli engineers. The same companies then pitched Saudi Arabia to manage overcrowding in Mecca. Other Israeli businesses are working in the Gulf, through front companies, on desalination, infrastructure protection, cybersecurity, and intelligence gathering.
Read the whole thing. It's fascinating. 

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Monday, July 04, 2016

Israeli startups raise $1.4 billion in Q2, highlighted by $300 million Volkswagen investment in Gett

Israeli startups raised $1.4 billion in the second quarter of 2016, highlighted by a $300 million investment in Gett (a taxi app) by Volkswagen. But that's not the whole story. Most of the investments were much smaller, which means that early stage Israeli companies can still raise money.
The average amount raised per company in the second quarter was $27.9 million, or $12.1 million if the Gett investment is subtracted, $500,000 less than the average in the first quarter. This is more or less the amount of capital an earlier stage company already making initial revenue needs to keep going for 12-18 months. For the first half of the year, the average amount raised per company was $14.1 million, or $12.4 million excluding Gett.
13% of the companies raising money since the beginning of the year were biomedical companies, meaning companies developing drugs or medical equipment or a different medical solution. This means that the majority of available capital for investment is still going to technology companies, because their risk profile is naturally lower. The biomedical companies account for only 10% of the amount raised since the beginning of the year.
Three companies raised over $50 million in the second quarter, compared with four companies in the first quarter - almost the same, but only two compared with four if the Gett investment is excluded. This makes a total of seven companies since the beginning of the year - only 4.2% of all companies raising capital. This figure may indicate a slowdown in the number of potential unicorns - a company value of over $1 billion, which are often successful at raising this amount of money. Gett, which raised $300 million, and Via, which raised $100 million, may be valued in the hundreds of millions of dollars, but they are still far away from $1 billion - at least as of now.
The companies that raised over $50 million jointly accounted for 22% of the total raised in the second quarter and 29% of the amount raised in the first half of the year - in other words, 4% of the companies raised 29% of the total, showing that a very small number of companies receive a substantial proportion of the venture capital funds' investment budget.
86% of the companies raised up to $25 million in the second quarter, meaning that most of the companies that raised capital were just starting out (initial revenue). The proportion was the same for the first half of the year. These companies raised 45% of the total in the second quarter (47% in the first half), showing that there were many small companies and few large companies (although it is important to keep in mind that the bigger a company grows, the less it needs to raise capital, and the proportion of small companies is therefore greater).
And a reminder - again - that representing early stage companies and people investing in them is something I do for a living, so if you're  looking for investors or looking to invest, please drop me an email at IsraelMatzav@gmail.com.

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Thursday, March 31, 2016

The Israelis did it

It's been one of those days. I started writing this post hours ago and never finished it....

As I am sure many of you have already heard, the FBI has managed to hack the cell phones of the San Bernadino terrorists 'all by itself' and has dropped the lawsuit it had filed against Apple, the manufacturer of the iPhone. But they didn't exactly do it all by themselves. They were helped by an Israeli startup called Cellebrite.
The Israeli mobile forensics firm Cellebrite helped the FBI hack into the iPhone of San Bernardino shooter Syed Rizwan Farook, NBC reports, citing industry sources.
The firm has been rumored to be behind the FBI’s newfound ability to access the device, thanks to a previous and unconfirmed report from an Israeli newspaper. 
Neither Cellebrite nor the Department of Justice has confirmed the reports.
The FBI has routinely contracted Cellebrite over the last five years. The company, which publicly boasts of its ability to hack into Apple devices, has received over $2 million in purchase orders from the agency since 2012.
The Justice Department on Monday withdrew its case against Apple, telling a federal court it was able to unlock the device without the tech giant's help.
Earlier story here

As usual, one of the things I do for a living is to try to match investors with Israeli high tech companies....

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Wednesday, March 23, 2016

Israeli start up filling in for the FBI

The FBI has hired Israeli startup Cellebrite to unlock the San Bernadino terrorists' iPhones that Apple refuses to unlock.
That's according to a story filed by Reuters this morning, based on a report in Wednesday's copy of Israeli daily newspaper Yedioth Ahronoth. If the software company succeeds then the FBI will no longer need the help of Apple, the report claimed, citing unnamed industry sources.

According to its website, Cellebrite offers "mobile forensics solutions" which "give access to and unlock the intelligence of mobile data sources to extend investigative capabilities, accelerate investigations, unify investigative teams and produce solid evidence".

Apple and the U.S. government have been embroiled in a heated public battle that started when a court ordered Apple to help the FBI unlock the iPhone 5c of terrorist Syed Farook. Unlocking the iPhone would require Apple to build a new version of iOS that bypasses iPhone passcode restrictions and provides the FBI with a way to enter passcodes electronically, something Apple has staunchly refused to do.

On Monday, the U.S. Justice Department convinced the court overseeing its ongoing battle with Apple to postpone a hearing scheduled to take place March 22. The DoJ said new leads had been discovered that could provide it with a way to unlock the iPhone 5c used by San Bernardino shooter Syed Farook without involving Apple. 
 Hmmm.

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Thursday, February 04, 2016

China and Japan leading Asian charge toward Israeli high tech

Greetings from a British Airways lounge at London - Heathrow. I'm on my way home.

Israel's high tech has gotten so good and the communist economies have so completely collapsed (will Bernie lead the US in the same direction) that Israel is now the dominant tech power in Asia. Here's a report from Legal Insurrection on just how well-entrenched Israeli high tech has become in China, Japan and other Asian tech powerhouses.
Countries like India, China and Japan; which in past have been hesitant of openly engaging with Israel — to avoid offend oil-supplying Arab countries — are changing their long-held adverse stance and strengthening commercial and diplomatic ties with the Jewish State. Leading technology news website TechCrunch reports:
China and Japan are forging deeper ties with Israel’s burgeoning tech industry. While China has been active in the Israeli market for some time, Japan, too, has launched a series of efforts to court the Israeli tech scene.

The signs of warming ties between Israel and Japan can perhaps be traced to 2014 when Rakuten, the largest e-commerce platform in Japan acquired Israel-based messaging app provider Viber Media for $900 million.
On January 26, Sony announced its intention to acquire Israel-based Altair Semiconductor for $212 million and during the same week, Honda — eyeing Israel’s vehicle intelligence technologies, apps and software — flew in a group of executives and engineers from Japan and North America to attend the equity crowdfunding platform OurCrowd’s annual summit in Jerusalem. (…)
Japan’s presence was also notable at Cybertech 2016 in Tel Aviv where the country was looking to forge closer ties with Israeli cybersecurity companies and technology ahead of the 2020 Tokyo Olympics.
In early 1990s, the collapse of the Soviet Union led to the dismantling of the biggest pressure group shaping government policy and intellectual attitudes across Asia and Africa hostile towards Israel. Today, Israel’s advancements in technology are swaying previously adversarial countries to a greater partnership. Israel’s technological edge in field of agriculture, water treatment, renewable energies, IT, telecommunications and healthcare is of great interest to the developing nations of Asia and Africa.
Israel’s annual trade with China has crossed over $10 billion, and trade with India is pegged at just below $5 billion each year. These numbers are significant, considering Israel’s bilateral trade with China and India during early 1990s was just around $50 million and $200 million respectively. With focusing on technology-driven sectors and by negotiating bilateral trade agreements, Israel hopes to double its annual trade with both Asian giants, home to more than one-third of the world population.
While thugs of the anti-Israel boycott campaign might be busy strong-arming some lone investment banker in Scandinavia to divest his grandmother’s pension fund, Israel is forging trade and technology ties with the emerging economies of Asia.

If you scroll down to the video at the end, you will see Jon Medved, the founder of OurCrowd, an Israeli early-stage technology funding portal that recently opened up to non-Israeli companies. On Monday of last week, I attended OurCrowd's annual investor summit (in my professional capacity and not as a blogger), along with over 2,000 other people. It's amazing how much is going on in Israeli technology.

If you're interested in investing in Israeli high tech, I can help you. Please send an email to IsraelMatzav@gmail.com.

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Thursday, June 11, 2015

Google CEO invests in Israeli cybersecurity startup

Google CEO Eric Schmidt was in Israel this week, and invested $5 million in the A round (that's not bad money for an A round) of Israeli cybersecurity startup Illusive Networks.
Google CEO Eric Schmidt, who was in Israel this week, publicly praised the Israeli cybersecurity startup Illusive Networks, after a venture capital firm he partners with invested $5 million in the startup, Entrepreneur magazine reported Tuesday.
Illusive Networks raised $5 million in Series A funding from cybersecurity think tank Team 8, which is a partner with Innovation Endeavors, the VC firm founded by Google Chairman Eric Schmidt.
“Illusive Networks is a perfect example of the kind of ‘out of the box’ thinking necessary to challenge the growing threat of targeted attacks,” Schmidt said in a press release.
Team 8 is an Israel-based cybersecurity incubator and venture capital firm.
Illusive Networks’ method for catching hackers involves layers of deceptions that entice a hacker to go deeper into a company’s network until he gets caught.
To read about how the technology works, go here

And if you're an Israeli startup looking for funding or an investor (anywhere) looking to invest in Israeli companies, feel free to drop me an email. I might be able to help you out.

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Tuesday, February 24, 2015

Israel causes tsunami in Gaza

Heh.

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Sunday, February 22, 2015

It's come to this: US urges Lenovo users to remove Israeli software, claiming fear of cyberattack

The United States government has urged users of Lenovo computers to remove an Israeli-developed program called Superfish, which it claims make the users vulnerable to hijacking.
The Department of Homeland Security said in an alert that the program makes users vulnerable to a type of cyberattack known as SSL spoofing, in which remote attackers can read encrypted web traffic, redirect traffic from official websites to spoofs, and perform other attacks.
"Systems that came with the software already installed will continue to be vulnerable until corrective actions have been taken," the agency said.

Adi Pinhas, chief executive of Palo Alto, California-based Superfish, said in a statement that his company's software helps users achieve more relevant search results based on images of products viewed. He said the vulnerability was "inadvertently" introduced by Israel-based Komodia, which built the application described in the government notice.
Komodia CEO arak Weichselbaum declined comment on the vulnerability.
Komodia's website says it produces a "hijacker" that allows users to view data encrypted with SSL technology.
"The hijacker uses Komodia’s redirector platform to allow you easy access to the data and the ability to modify, redirect, block, and record the data without triggering the target browser’s certification warning," according to the site.
Marc Rogers, a researcher with CloudFlare, said that means companies which deploy Komodia technology can snoop on web traffic.
"These guys can do everything from just collect a little bit of marketing information, all the way to building a profile on you and spying on your banking connections," he said. "It's a very dangerous slope."

Rogers said that use of Komodia's technology in other products makes them vulnerable to the same types of attacks as Lenovo's Superfish.
You don't think this is another attack by the Obama administration on Israel now, do you? 

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Monday, January 19, 2015

Israeli high tech needs to take a more long-term view

Israelis are a very impatient people. They want everything yesterday. And that's hurting our high tech industry.

While many entrepreneurs and investors have made lots of money from Israel's start-ups over the past two decades, increasingly firms acquired by foreign buyers are then either shut down, with their intellectual property moving abroad, or turned into R&D centres for the parent company.
Israel's high tech industry is a major growth engine and investment magnet, attracting multinationals like Apple , Intel and Google, who have been eager to snap up local start-ups.
High-tech goods and services account for 12.5 percent of Israel's gross domestic product (GDP) and half of its industrial exports, government data shows. Israel leads the OECD when it comes to R&D, spending 4.3 percent of GDP on it, nearly twice the OECD average, according to Ernst & Young.
Companies often tap into the skills of workers trained in the military or intelligence sectors and start-ups benefit from tax breaks and government funding.
But Karin Mayer Rubinstein, head of the Israel Advanced Technology Industry association, said that while M&A brought money into Israel, patents were being "vacuumed" out.
"In the last few years, most of the companies being bought don't stay here as a separate entity," she said.
...

There are 282 R&D centres in Israel, most owned by foreign firms. Eight out of 10 Israeli technology firms bought by multinationals become a foreign R&D centre in Israel, or are integrated in existing foreign R&D centres, said the Israel Venture Capital (IVC) Research Center.
Entrepreneurs say investors are often looking for high returns as quickly as possible. 
"To build a long-term success story takes hard work, many years and lots of patience," Brenmiller said. 
Patience is not a strong point in Israel's start-up culture, where entrepreneurs like to move from one idea to the next. 
Israeli venture capital-backed companies take an average of 3.95 years from the first round of funding to acquisition, compared with 6.41 years in Britain and 6.66 in France, according to third-quarter 2014 figures from Dow Jones VentureSource.

I hear these stories every day. At one company I know, the entire company was shut down and moved to the US. At another, everyone with six years or more of seniority has been fired. In both those cases, those fired included some or all of the company's founders. Employment in Israeli high tech has actually contracted by 2% in the last two years. And there's no end in sight.

Read the whole thing.

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Thursday, December 25, 2014

Israeli high tech takes away your last excuse for not losing weight

Good morning and greetings from Boston.

Israeli high tech has taken away your last excuse for not losing weight. Meet SCiO.

Let's go to the videotape.



More here.

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Sunday, November 30, 2014

Why Israel's economy doesn't need 'peace' to grow

It's the technology, stupid!

Yoram Ettinger explains why - BDS notwithstanding - the Israeli economy doesn't 'peace' to grow.
In fact, Israel's unique economic growth – from $1.5bn GDP in 1949 to $300bn in 2014, from $50mn annual exports in 1949 to $97bn in 2014, and from no foreign exchange reserves in 1949 to $92bn in 2014 – has been driven by Aliyah (Jewish immigration), fiscal responsibility, brain power, cutting-edge commercial and defense technologies, exports, military posture of deterrence and (most recently) natural gas; not by the peace treaties with Egypt and Jordan, or the Oslo Accord with the PLO.
For example, Israel's GDP surged by 8%-14% annually following Israel's victory in the Six Day War (1967-1972), and by 9% upon the launching of the Aliyah wave of one million Olim from the USSR in 1990. On the other hand, the post Oslo (1993-1996) economic growth of 4%-7% was triggered, mostly, by the Aliyah ripple effect, but was marred by rapidly worsening budget and trade deficits.
In addition, Israel's 42.5% annual inflation in 1977 - when the Begin-Sadat peace initiative was launched - galloped to 111.4% in 1979 and 445% in 1984. Inflation was reduced to 19.7% in 1986, and to the current low single digit levels through an unprecedented policy of fiscal responsibility; not through the Israeli-Egyptian peace treaty.
The BDS impact on Israel's economy is minor as demonstrated by the improved trade balance between Israel and Turkey and Britain, independent of the Turkish government and British Parliament support of BDS. Moreover, Israel's vulnerability to BDS is highly constrained since 90% of Israel's exports are business-to-business, enhancing the cost-effectiveness and the level of health, medicine, irrigation, science, education and national security of Israel's trade partners. Furthermore, Israel's trade is trending away from Europe – the epicenter of BDS – towards India, China, Russia, Japan, South Korea and the former Soviet Republics.
Read the whole thing.

If anything, I would argue that 'peace' would pose a danger to our economy because of the vastly increased risk of  terrorism - including rockets - emanating from a 'Palestinian state.'

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Thursday, October 16, 2014

War? What war? Israeli high tech near a new record

Some of you may have heard that there was a war in Israel this summer. Well, that didn't stop our high tech industry which broke financing records in the third quarter of this year.
Investments in Israeli startups climbed to near record highs in the third quarter, even as the country was in the throes of the worst violence it has seen in years.
Venture investments in Israel-based companies have not only increased in number of deals – with a near 40% rise this quarter over last- but more than tripled the total amount invested in Q1 of 2014. And this doesn’t account for the hundreds of venture-backed Israeli startups headquartered in New York or the Silicon Valley.
“Basically it did not create any disruption,” says Chemi Peres, managing partner at Pitango Venture Capital, of the recent violence. “The high-tech industry continued to be vibrant, and we never delayed a product or missed a milestone,” Peres attests, adding that the single time he has feared for the safety of a team was in 2001, when one of Pitango’s New York-based companies survived the World Trade Center attacks.
While it seems plausible that regional instability would hinder deals or deter investors, “the bottom line is that it comes with the turf,” says Hillel Fuld, Israeli entrepreneur and startup mentor. “Even when it’s quote-unquote peaceful here there’s always violence – we’re surrounded by enemies – but there are more entrepreneurs per capita in Israel than in any other country, and the innovation is really off the charts.”
Much of the rest of the article complains about why the 'Palestinians' don't benefit from Israeli high tech (because much of it comes from the army). But no one is stopping them from setting up their own high tech industry like we set up ours. Oh wait... that would mean spending money on anti-terrorism inventions instead of terrorism.

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Monday, August 11, 2014

Now it has to be tested in the field

The IDF has successfully tested in the laboratory a system for detecting underground terror tunnels. The system must now be field tested. The IDF hopes to install it on the Gaza border within a year.
A system designed to detect infiltration tunnels proved successful in laboratory tests for the first time ever and is now being tested in the field, a senior IDF officer said Monday.

If the field test proves successful, the system can be deployed around the Gaza Strip within approximately one year, the officer added.

The system will cost from NIS 1.5 billlion to NIS 2.5 billion to deploy.
Arutz Sheva adds:
The senior officer said that the IDF had received about 700 offers for anti-tunnel systems, and chose two.
The senior officer also spoke about the Iron Dome system and confirmed that the system worked well during Operation Protective Edge. However, he warned, “we cannot rest on our laurels: in the next campaign, the terrorists will try to improve the range of the missiles, the altitude of their trajectory and the amount of missiles launched each time. Therefore, the system must constantly update itself, and we are operating accordingly.
The Trophy defense system that protects armored vehicles from anti-tank missiles also worked efficiently in the war, the officer said. Another 3 billion shekels are required to provide protection for all of the vehicles. “Money was never the issue,” he stressed, “only providing the proper means [for protection].”
Various media reports over the years have described possible solutions as including sensors that would detect tunnels as they were being dug, massive trench digging contraptions that could create a deep protective trench around Gaza, and robots that could dig their way into tunnels and blow them up.
Whatever we install around Gaza should also be installed around our northern border with Lebanon and probably the Syrian border as well. The borders with Jordan and Egypt seem like less of a priority right now. 

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Thursday, July 24, 2014

Israeli High Tech's first casualty

Israel's high tech industry may have suffered its first casualty of the current operation in Gaza. A key backer in Israel of something called the Y Combinator has withdrawn his support in response to its founder's pro-Hamas tweets (Hat Tip: Sunlight). The founder - Paul Graham - is a major high tech figure in Silicon Valley.

This is from the first link.
A heated exchange on Twitter between venture capitalist giant Paul Graham and supporters of Israel, could delay plans by Graham’s Y Combinator’s accelerator to recruit in Israel. 
Tweets posted by Graham that described the destruction wrought by the IDF in Gaza, but without any citations of Hamas attacks on Israel. That led heavyweight Israeli venture capital figure Roi Carthy to announce he was withdrawing an offer to help Y Combinator (YC) recruit potential participants in Israel.
Y Combinator is considered one of the most prestigious accelerator and start-up venture capital funds in the world. With over 700 start-ups funded since 2005, valued at over $30 billion, acceptance into the program is as close to a guarantee of commercial and funding success as a start-up can hope for. According to Graham, one of the group’s four founders, the average valuation of Y Combinator-backed companies is $45.2 million.
All of the group’s programs take place in Silicon Valley, and Y Combinator generally focuses on American start-ups. Cognizant of the start-up scenes elsewhere, however, the group announced several months ago that it was planning to step up its recruiting elsewhere. Israel was in Y Combinator’s sightsl, and Carthy, a managing partner at Tel Aviv-Sao Paolo investment firm Initial Capital — as well as former Israeli correspondent for the TechCrunch website, which carries stories about Israeli start-ups and tech firms — promised to help get the word out about Y Combinator’s programs to Israeli start-ups.
“A couple of months ago though, I was connected to a YC partner who is planning to be in Israel early August to spread the YC gospel,” Carthy wrote in a blog post. “I was happy to lend a hand by organizing a meet-up at a local bar and getting the word out. “But I am now rescinding my offer,” Carthy wrote. “I will not lend my hand to an organization that is comfortable with its founder criticizing a nation, while at the same time, pitching to incubate its best and brightest.”
Graham, said Carthy, makes no secret of his sympathy for the Palestinian position, while ignoring the context of Israeli responsive actions, such as Israel’s decision to hit Gaza terrorist targets after facing thousands of rockets fired by Hamas terrorists before Operation Protective Edge. “Paul has been making his views known via tweets over the past few years,” wrote Carthy. “Nothing new under the sun in this respect,” he noted.
“It’s not uncommon to accept that an individual’s views do not reflect that of his employer. However, much as it would be unacceptable to separate misogynistic views of a founder from reflecting upon his company, I cannot separate Paul’s continued views about Israel from YC,” Carthy added.
Read the whole thing. I just hope Roi is able to come up with something equivalent either on his own or with someone else.

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Wednesday, June 18, 2014

The kidnap app

Israeli technologists are developing a phone application that will allow persons in distress to notify authorities of their whereabouts by pressing a panic button.
A new smartphone app to help people from getting kidnapped is currently being developed in Israel, Channel 2 reported.

As Israeli police and security forces search for three missing Israeli teenagers, believed to be kidnapped in the West Bank – the Samaria Regional Council is working on an app that will enable people in danger to report their location to authorities. The council has reportedly hired a company to upgrade a current app already in use – so that rather than contacting police to report your whereabouts during an emergency – you can transmit your location with a push of a button on the phone.

The app alerts authorities to a person's specific location in time of need by triggering the phone's GPS system. If in danger, the app transmits an instant SMS as well as a specific place. It continues to send signals to authorities who will then notify security forces, without the person having to call.
It's sad that this is necessary, but why didn't anyone think of it before?

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Friday, June 06, 2014

#BDS_Fail: Al-Qaeda using Israeli company for secure email

I don't know whether we should laugh or cry about this one. Al-Qaeda is using an Israeli company for secure email services.
Al-Qaida’s media wing, Al-Sahab, has begun using an Israeli company in order to secure its communications.
The Middle East Media Research Institute discovered that the group was using Safemail, which according to its website “is owned and operated by Secure Information Technologies Ltd., which is a privately owned company registered in Israel and with offices in Israel, the UK and Japan.”
The company describes itself as: “The most secure, easy to use communication system. It includes encrypted mail system with collaboration features and document storage functions.
Always accessible at any time from anywhere!” According to the MEMRI report, released on April 25, “Al-Qaida’s Embrace Of Encryption Technology – Part II: 2011-2014, And The Impact Of Edward Snowden,” the al-Qaida media wing announced on April 9 that an open interview of Maulana Asim Umar, the head of al-Qaida’s Shari’a Committee in Pakistan, would take place.
Questions would be received in Urdu, Arabic, English or Pashto at either a Yahoo or Safe-mail email address, said the announcement.
Since 2007, the report said, al-Qaida began using encryption technology in order to protect its communications from breaches of its websites by Western government agencies.
Following the disclosures by former US intelligence computer professional, Edward Snowden, Western governments have noticed that the group has changed its communication methods.
 You don't think Israel is tapping into that 'secure' email, do you? Heh.

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Tuesday, June 03, 2014

Israel develops blood test for breast cancer

Something else for the BDS'ers to boycott. Israeli scientists have developed a blood test for the early detection of breast cancer.
The Octava Pink test is now available in Israel and Italy, and is undergoing clinical trials to receive US Food and Drug Administration approval.
This is the first blood test ever that can reveal cancer, not merely markers that might indicate cancer or something else. Its innovation also lies in its examination of antibodies in the blood to pinpoint this specific cancer.
Molecular biologist Galit Yahalom — who heads the research team at the EventusDx offices and lab, located in Moshav Ora outside of Jerusalem – explains the breakthrough to ISRAEL21c.
“For the last decade, we have known that there is a connection between cancer and the immune system,” says Yahalom, a 43-year-old mother of two from Modi’in who has been working on this project since its inception.
“We know that it recognizes cancer as an external enemy that must be destroyed. It is possible that each of us has had instances of cancer we were unaware of, because our immune systems killed it when it was still very small. For whatever reason, the immune system of people with cancer is not functioning properly.”
...
Another innovation is the nanotechnology developed at EventusDx, which enables testing 96 blood samples simultaneously. This process takes no more than three hours, allowing a woman’s doctor to rule out or confirm breast cancer very quickly.
Speed, of course, is as important in breast-cancer detection as accuracy – not only for those whose results confirm their physicians’ suspicions or diagnoses of breast cancer, but also for those found to be cancer-free.
This is because false positives and false negatives are frequent. According to Yahalom, “Only 20 to 30 of every 100 biopsies performed as a result of growths detected in mammograms reveal cancer; the rest are benign. Meanwhile, 50% of young women with breast cancer, and 30% of older women with breast cancer, are diagnosed as healthy.”
The Octava Pink test has had astounding results, correctly diagnosing 95% of the healthy women and 75% of those with breast cancer.
Though one in nine women will contract breast cancer at some point in their lifetime, only three in 1,000 have it at any given moment. This is why it is important for women to get regular checkups and to be provided this extra tool to assuage their fears.
This particular tool costs NIS 700 (about $200), not including the fee charged by the doctor who purchases the Octava kit and sends it to Yahalom’s lab.
 You want to boycott Israel? Die!

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Tuesday, April 08, 2014

Charge your smartphone in 30 seconds

Israeli high tech strikes again. Here's a demo.

Let's go to the videotape.



That video has gotten nearly 700,000 views... today.

Here are more details about StoreDot.
Tel Aviv-based StoreDot's prototype battery and charger is currently being tested with Samsung's Galaxy phones, but the startup's founder and CEO Doron Myersdorf told AFP that a product compatible with all makes of smartphone should be on the market by 2016.
He said that at the core of the new technology was the use of peptides, compounds containing amino acids.
"We are modifying the surface of the electrodes with bio-organic compounds, peptides, to increase the chemical reaction to produce extra energy," he said.
Myersdorf added the breakthrough "allows us to avoid the most annoying aspect of our smartphones, of which we are demanding more and more, and to ensure that we have a charged telephone all day."
StoreDot has not received capital from global smartphone market leaders Apple or Samsung but is getting backing from a Chinese manufacturer, Myersdorf said, without naming the investor.
 I wonder whether they need a lawyer....

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Thursday, April 03, 2014

Israelis figure out how to turn marijuana into heroin?

Well, only in the 'Palestinians' fantasyland.

Official spokesman of the PA Security Forces Adnan Al-Damiri: "The challenges facing us... [are] drugs. You don't know how many problems we've had these past two weeks... A shocking amount of drugs that the Israeli occupation has spit up and vomited onto our land. A lab was even made in the Tulkarem District. The lab turning marijuana into heroin has been seized [by the PA]."
[Official PA TV Live, Feb. 12, 2014]

Let's go to the videotape.



Well, it makes a good headline anyway. But no, it's nonsense.

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Wednesday, March 26, 2014

Israeli company receives US patent for potential ALS cure

An Israeli company has received a US patent for a potential cure for Amyotrophic Lateral Sclerosis (ALS), which is commonly referred to in the US as Lou Gehrig's disease after the Yankee Hall-of-Famer who died from it. This is from the first link (Hat Tip: Soccer Dad).

The patent covers BrainStorm's stem cells induced to secrete elevated levels of neurotrophic factors for the treatment of neurodegenerative diseases.

Pending approval from the U.S. Food & Drug Administration, the company is preparing for its upcoming mid-stage Phase II trial in the United States with its NurOwn adult stem cell therapy.

BrainStorm is developing NurOwn for the treatment of amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig's Disease, a progressive neurodegenerative disease that affects nerve cells in the brain and spinal cord.

Separately, the company said it has signed a definitive agreement with Massachusetts General Hospital in Boston to conduct a Phase II clinical trial of NurOwn in ALS, pending FDA approval. The other two clinical sites slated for the trial are the University of Massachusetts Memorial Hospital and Mayo Clinic.

"The recent bill introduced to the U.S. Senate to support regenerative medicine research is yet another indication of the increasing recognition that stem cells hold the promise for curing life-threatening and debilitating conditions like ALS," said Chaim Lebovits, BrainStorm's president.

"We are very encouraged by the bill's proposal to appoint a council that would develop and maintain a national strategy for the promotion of regenerative medicine research and development."
What follows is a clip from Israel's Channel 2 television. The patient is a well-known Rosh Yeshiva in the Haredi community.

Let's go to the videotape.



הפוך בה והפוך בה דכולה בה.

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