In honor of Israel’s ‘Science Day’, dozens of scientists, Nobel Prize winners, government ministers and representatives from the scientific community from around the world gathered at the Weizmann Institute in Rehovot last week.
Almost two years after Facebook’s controversial acquisition of Israeli facial recognition company Face.com, developers now integrated into Facebook’s team have significantly improved the system, together with researchers from Tel Aviv University.
The new system, dubbed ‘DeepFace’, can recognize faces at all angles with an accuracy of 97.2%, close to the accuracy of human recognition.
A new baggage scanning system is being put into general use in Israel’s Ben Gurion airport as of this week.
One of the most talked-about presentations at the recent Mobile World Congress held in Barcelona was Meta Pro, a pair of fashionable 3D augmented-reality glasses with five times the computing power of an iPhone. Comparisons were constantly with Google’s upcoming Google Glass: Meta claims to outdo Google in almost every respect, with a field of vision 15 times larger than Glass, faster computing power, and the ability to use the glasses while driving. This last factor is important, as Google Glass has already been banned for use while driving vehicles.
Rakuten Inc., a large e-commerce commerce operation in Japan, said last Friday that they intend to buy the instant messaging app provider Viber Media Ltd, a privately-held Israeli company, for 900 million dollars, in an effort to tap the company's growing business in emerging markets.
Earlier this year, it was reported that government officials from India and Israel are in talks to launch a venture fund that seeks to invest $40 million. The money will fund the participation of Israeli companies in large scale India-led projects.
Israel has been under the threat of global and regional terrorism for decades but a new problem has surfaced: cyber-terrorism. Various security breaches of online systems in Israel have taken place over the past few years. Now the first international cyber security conference hosted in Tel Aviv, Cybertech 2014 features a hundred new Israeli companies ready to commit to finding a solution to the cyber wars.
In light of the anti-monopoly law that was mandated and passed earlier this week, Cellcom, Pelephone, and Golan Telecom signed an agreement this past Monday to build and operate a shared LTE 4G radio network.
Cellcom and Pelephone has also agreed in sharing passive elements of cell sites for existing networks while signing an Indefeasible Right of Use (IRU) agreement with Golan Telecom in exchange for Cellcom's 2G and 3G networks.
This week Facebook acquired Onavo, an Israeli based company that develops technologies to make mobile data networks flow more efficiently. The world’s largest social network purchased the company for a reported $150 - $200 million according to Israeli media sources.
In 2010, a blazing forest fire in the Carmel region of Israel claimed 44 lives and caused the evacuation of over 17,000 people. In response to this deadly fire and the other 1,000 forest fires that frequently occur throughout Israel, the research department of the Ministry of Public Security developed Matash, a fire forecasting system.