Have you ever tried to read an article on your smartphone without expanding the picture? The small words are hard to read, and you end up losing your place as you scroll down. This is the inspiration for Wibbitz according to Zohar Dayan, the CEO and co-founder of the Israeli start-up company.
Most patients, after suffering a cerebral stroke or other neurological injuries, are paralyzed or seriously weakened, and rehabilitation can take anywhere from a few months to many years. BioXtreme claims they can reduce that time by half.
Last week’s deal whereby Google acquired the Israeli mapping company Waze for $1 billion in cash was big news in the tech industry. Although $1 billion is certainly a lot of money, it still isn’t the largest exit of an Israeli company in the high-tech space. That honor goes to last year’s deal between Cisco Systems and NDS. Cisco shelled out an astounding $5 billion to buy this Israeli-founded firm and integrate its products and intellectual property into their company.
It was just last week that I received a slick brochure in the mail from Better Place with their latest deal to purchase one of their electric vehicles (EV). For a down payment of $7,000 I could get a Better Place EV with full road service and a home charging station. The monthly payment is $700 for 72 months. Total price tag comes to about $57,400 at the end of the six year period. The new campaign was just kicked off in conjunction with one of Israel’s largest department stores. Apparently the marketing department didn’t get the memo that Better Place is planning of filing for bankruptcy this week.
The global energy sector is abuzz about developments with the natural gas industry in Israel. The deepwater Tamar field, located in the Mediterranean, has been developed by Texas bases Noble energy and the Israeli Company, Delek Group. This huge gas find is Israel’s ticket to energy independence, but this doesn’t mean all is well for Israel’s export based economy.
As far as navigation apps go, nothing is more popular with smartphone users than Waze. At the end of 2012 the social mapping service counted 34 million users. While most people simply launch their Waze app without much thought in order to get from point A to point B, many don’t know that it is an Israeli company.