CTech by Calcalist

FireDome nets $4.5 million to transform autonomous wildfire defense The company was inspired by the country’s Iron Dome missile defense system to apply the same technology to autonomously detect and suppress wildfires.

Ousted Intel CEO Pat Gelsinger set to receive $10 million in severance. Leadership transition at the semiconductor giant includes a significant payout for the departing CEO, amid ongoing challenges and strategic shifts. Intel Corporation

Capitolis acquires CAPITALAB for $46M to expand derivatives optimization offering. The acquisition by the fintech unicorn comes one week after it announced a $20 million funding round from leading global financial institutions Citi, Morgan Stanley, State Street, and UBS.

Revolution or red tape? Australia blocks under-16s from social media. Legislation aims to delay exposure to online risks but raises enforcement challenges.

Can Intel recover? Gelsinger’s exit sparks speculation and uncertainty. In a volatile chip market, Intel’s survival hinges on finding the right leadership fast. Intel Corporation

Appointment | Finout appoints Idan Bauer as VP Engineering Before joining Finout, Bauer served as CTO at Dynamic Yield, owned by MasterCard, and before that, as R&D Director at Micro Focus.

Musk’s X leads in antisemitic content related to US elections, CyberWell reports. According to CyberWell, which monitors antisemitic discourse online, social media platforms removed only 20% of antisemitic content in the months leading up to the U.S. elections. X (formerly Twitter), owned by Elon Musk, stood out with the highest number of antisemitic posts among major platforms.

Droxi secures $21M Series A to ease doctors' administrative burdens. The Israeli startup’s platform simplifies operations, helping medical professionals to focus on patient care.

Opinion | Agritech as the key to economic recovery in northern Israel "Effectively seizing this opportunity could not only rehabilitate the region but also establish it as an agricultural powerhouse," writes Dana Keidar, Director at GrowingIL.