MAGAZINE ABOUT LIFE IN ISRAEL

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Innovation

Israeli Unicorns Doubled in 2021

in Economy & Innovation

Israeli technologies are flying up, with 33 new Unicorns “born” this year alone, which means startups that are valued at over $1 billion. In 2020, there were only 20 Israeli unicorns. The three dominating sectors are fintech, cybertech, and tech infrastructure, which have led the way bringing in a total of $24.5 billion in the…

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Waze Algorithm Faults its Million Users

in Economy & Innovation

For the million users who trust Waze to navigate roads in real time, CEO Guy Berkowitz recently admitted that the algorithm is no longer accurate and has been skewing people’s routes. With the lack of travel in a post-pandemic world, traffic in Israel increased by 23%, and the Waze algorithm hasn’t yet caught up, sending…

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Innovating Israel’s Transport Infrastructure

in Economy & Innovation

Travel, from big to small missions, is being impacted and continually optimized by artificial intelligence. One of the major obstacles to living and driving in Israel is traffic. Busy roads during all times of day can add 60-120 minutes to any journey. As more people head into Tel Aviv as the urban center for work,…

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American-Israeli Professor Wins Nobel Prize in Economics

in Economy & Innovation

Last Monday saw The Nobel Prize in Economic Sciences from the Nobel Institute granted to Israeli-American professor and economist Joshua Angrist, alongside two others Guido Imbens and David Card. The trio was awarded the esteemed prize for pioneering the use of “natural experiments” or real-life situations, to understand the causal relationship between economic policy and…

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Jerusalem Park Named Top 8 for Climate Protection

in Tourism & Nature

Three months ago, the International Union for the Conservation of Nature, or IUCN, set a global standard focusing on nature-based solutions to manage ecological crises and climate change. The mission is to use nature to mitigate the effects of climate change and create natural solutions to flooding, extreme heat, or endangerment of wildlife.  In perusing…

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