The week of of December 14, 2008 was filled with news from the Madoff scandal, including reports that the Technion-Israel Institute of Technology lost $72 million. Israel’s clean technology continued to draw interest from different states in the United States and reports were releases that U.S. investors are still seeking to invest in Israeli companies. A partnership between IBM and Samsung led to the development of a software reuse technology and WorkLight announced that it partnered with NetVibes to develop new secure widget technologies for the enterprise. For these stories and more, check below for the 13 Israel-related headlines from the week of December 14, 2008.


1. State of Georgia looks to Israel for solutions to energy and water challenges

2. MRI, Israeli firm will create renewable energy technology center

Investments and Economy

3. US investors seek out Israeli high-tech opportunities

4. Peres calls for tax breaks for growth industries

5. Government Gives Boost to Hi-Tech

Information Technology

6. IBM Israel and Samsung develop software reuse technology

7. BitBand Introduces Leading-Edge Solid-State Video Server Line Based on Commercial-Off-The-Shelf (COTS) Hardware

8. WorkLight® and Netvibes Pair Up To Develop New Secure Widget Technologies for the Enterprise

9. Aternity Reports 2008 Milestones, Signals Industry-Wide Embrace Of Next-Generation Application Performance Management


10. Ron Yekutiel, Chairman and CEO of Kaltura (TV Week interview)

11. Terrorism spurs interest in Israeli tech

12. American Technion Society takes $72 million hit in Madoff scheme

13. USA Hockey to form Intelligym (Applied Cognitive Engineering Ltd.)

Bonus: Angel investor and Web 2.0 icon, Jeff Pulver hosted his famous real time social-networking breakfast twice in Israel this past week. The first one he hosted was in Tel Aviv on Tuesday, December 16th, which brought together over 400 people in Israel’s hi-tech industry. The second one was the following day, when Pulver hosted his first social networking breakfast in Jerusalem. The picture below is from the Jerusalem event. Pulver is in the center wearing a  Hawaiian shirt.