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Apple acquires Israeli Facial Recognition Software

in Economy & Innovation
Credit: Pixabay

The fourth time is the facial recognition charm. The giant US corporation, Apple Inc, has acquired RealFace, an Israeli invented software with built in facial recognition. This is the fourth time that Apple has hit the Israeli market to snatch up a genius software, and they report spending about $2 million dollars. RealFace is a…

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Israel Leads in Corporate Social Responsibility

in Economy & Innovation

The first ever corporate social responsibility (CSR) conference is being held in Israel this week. A natural born leader when it comes to environmental sustainability and innovation, Israel was named Top Innovator in Clean Technology by the Global Cleantech 100 Index, and is continuing to lead the world in its CSR endeavors. While many companies…

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Volkswagen invests $300m in Gett

in Economy & Innovation
Gett Headquarters in Tel Aviv (Credit: Okatah/Wikimedia)

Israeli much-praised startup company Gett (previously Get Taxi) raised $300 million from Europe’s largest carmaker Volkswagen. Volkswagen chairman Matthias Muller said, “Alongside our pioneering role in the automotive business, we aim to become one of the world’s leading mobility providers by 2025. Within the framework of our future Strategy 2025, the partnership with Gett marks…

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