Banking Supervision Department is set to authorize Amnon Shashua taking full control of bank, after co-founder Marius Nacht bows out, person familiar says

Shashua to buy holdings of co-founder Marius Nacht and inject $60 million into the fully digital bank, which expects to start operations in 2021

Moovit's app provides real-time information about public transportation schedules; acquisition will help Intel's Mobileye become a complete mobility provider

Mobileye founder Amnon Shashua said to hold talks with leading rabbi in ultra-Orthodox city to get support for move, in bid to better gauge spread in hard-hit Tel Aviv suburb

Entrepreneurs Marius Nacht and Amnon Shashua, controlling shareholders of new bank, seek to raise funds needed for equity requirements from local, foreign investors

At CES in Las Vegas, Intel Corp. releases video of autonomous car navigating streets of the capital using cameras, but no other sensors

The approval marks the first time in 40 years a new bank will be set up in Israel; the plan is for a digital bank, without branches, that aims to compete with incumbent lenders

Calcalist: The co-founder and CEO of Mobileye is in advanced talks to join the new banking venture of billionaire Marius Nacht, also co-founder of Check Point Software

Eager for costs to drop, regulation to catch up and maps to improve, the auto industry is realizing that private autonomous cars have to wait their turn

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