Posts Tagged ‘technology in israel;israel technology;Israeli technology’

HRG Appears at the China-Israel Investment Summit to Advise for Chinese Robotics Startups and Seek More International Cooperation

HARBIN, China, July 7, 2017 /PRNewswire/ — HIT Robot Group (« HRG », or the Group), China’s leading robot company, appeared at the Third China-Israel Investment Summit in Zhuhai, Guangdong Province, last week. In a panel discussion, HRG’s senior vice president Yu Zhenzhong shared his insights into Chinese robotics industry and expressed a wish for more cooperation with Israeli counterparts.

El Al Israel Airlines posts $25 million profit for 2013; launches subsidiary UP

Israeli carrier El Al Airlines has reported a full-year net profit of $25.4 million for 2013, reversing the $18 million loss the airline posted in 2012. El Al’s revenue increased 4.3% in 2013 to $2.2 billion as expenses for the year were up 3.1% to $1.8 billion, producing an operating profit for the year of […]

High Tech : Apple eyeing developers of Xbox Kinect technology

Apple is said to be in talks with Prime Sense to negotiate the deal estimated to be over 185 million pounds Software manufacturer Apple is reportedly eyeing Israel based developers of the technology used in Microsoft’s Xbox 360 gadgetKinect. According to the Daily Express, Apple is in talks with PrimeSense to negotiate the deal estimated to be […]

Charity Nation: Israeli Startups Donate To Charity In Stock Options

We’ve told you before about Tmura, the impressive Israeli charity that enables startups to give back to the community by donating equity stocks and stock options at an early stage. If the startups fail, Tmura doesn’t make any money, but when startups are sold or go public, Tmura gets to cash in its shares and donate […]

EZchip Discount Narrows on Earnings Forecasts: Israel Overnight

EZchip Semiconductor Ltd. (EZCH) rose in New York, narrowing the Israeli chipmaker’s discount to Tel Aviv-traded shares, on speculation that earnings growth will pick up in the second half of the year.

High Tech : Apple reportedly in talks to buy Israeli firm responsible for Xbox Kinect’s 3D sensor tech

Apple is rumored to be in acquisition talks with Israeli development company PrimeSense, which created the range camera technology Microsoft used as a base for the Xbox 360’s 3D-motion tracking Kinect sensor. According to Israeli publication Calcalist (via The Next Web), Apple and PrimeSense are in advanced talks for an acquisition reportedly worth $280 million. The company creates […]

Startup Stud Ori Allon And Knicks Star Amare Stoudemire Buy Israel Basketball Team

Ori Allon has been a fan of Israel’s Hapoel Jerusalem basketball team since he was 12. So when New York Knicks star Amare Stoudemire asked if he was interested in owning their home-town team, Allon jumped at the chance.Allon is well-known in the tech world as an engineer with a Midas touch. He sold his […]

Israel Bank Regulator Says Lenders Must Cut Costs to Spur Growth

Israeli banks, whose shares have underperformed the benchmark index this year, need to reduce costs to cope with lower interest rates and tougher competition, Supervisor of Banks David Zaken said.