High-tech industry coming to terms with sobering reality

High-tech industry coming to terms with sobering reality. With employees being fired, recruitment coming to a grinding halt, and traveling and parties being canceled, there seems to be little doubt that the age of abundance and excess in high-tech is over. Read more

Unicorn Cloudinary cuts 8% of workforce. The company, which has developed a platform to manage media assets, has been bootstrapped since it was founded and announced a secondary investment of $110 million at a company valuation of $2 billion earlier this year. Read more

Israel Police using controversial profiling algorithm at airport in fight against drugs. The AI profiling system being used by police at Ben-Gurion Airport aims to identify who might be smuggling drugs based on undisclosed data and regardless of any actual suspicion. Read more

Opinion | Legal uncertainty holding back metaverse adoption. "More than just another iteration of the internet, the metaverse, and the technologies employed to access it, create a host of potentially novel legal concerns that ought to be dealt with sooner rather than later if we want multinationals to invest in this space," writes Dov Greenbaum JD PhD . Read more

Opinion | Foodtech: the morally nutritious sector. There are many industries that seek to change the world, but foodtech has a direct impact on more than just ourselves. Read more