Intel's recent purchase of Mobileye almost doubled the worth of car importer Dr. Shmuel Harlap – and the billionaire wasn't exactly short of a shekel before the record sale.
Agreement to bring in thousands of Chinese building workers also signed on second day of Israeli prime minister's visit.
Successes like the self-driving tech company sold to Intel win the spotlight, while failures die quietly in the dark, encouraging an unrealistic attitude by entrepreneurs and investors about their prospects.
Prime minister has taken about 100 businesspeople as well as four ministers on trip this week.
This week’s milestone for Israeli technology was also a reminder that Israel is increasingly divided into a high-tech elite and those who have no way in.
Friedman is expected to run Apple's development center in Israel, which employs over 1,000 workers and focuses on augmented reality technology.
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The $15.3 billion sale proves that Israeli technology is unstoppable, but it also shows how little Israelis really profit from it. Meanwhile, the BDS movement should just throw in the towel.
Amnon Shashua defends the sale of the self-driving car technology firm to Intel as essential for the company’s growth.
With Uber Israel already threatened with prosecution, state turns its eyes on Israeli-designed navigation, public transport apps, taking aim at paid ride sharing.