Mar 14, 2017

What Mobileye deal means for Israel's tech sector

Pride has quickly given way to consternation in some parts of Israel's tech community, following yesterday's news that Intel will buy hometown hero Mobileye for $15.3 billion. In short, there accusations that Mobileye sold out to Silicon Valley.

But Israeli venture capitalist Mike Eisenberg isn't going with the local crowd. Instead, he argues in a blog post that the Intel purchase will increase global attention on Israel's machine learning sector and, more importantly, inspire new entrepreneurs:

Given Israel's competitive nature (and abounding Chutzpa), people want to beat their icons. Now, they know it is possible to build a global $15 billion company in 10+ years. They will aspire to build a $25 billion company and keep it independent or sell it.

Go deeper

Joe Biden places second in Nevada caucuses, ahead of Pete Buttigieg

Democratic presidential candidate and former Vice President Joe Biden a Nevada Caucus watch party in Las Vegas on Saturday. Photo: Ronda Churchill/AFP via Getty Images

Former Vice President Joe Biden secured second place in the Nevada Democratic caucuses with former Southbend Mayor Pete Buttigieg third, according to NBC News projections Sunday.

Why it matters: It's a boost for Biden, who's widely tipped to be endorsed by House Majority Whip Jim Clyburn (D-S.C.) on Wednesday, ahead of this week's South Carolina primary.

Go deeperArrowUpdated 2 mins ago - Politics & Policy

Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Exclusive: Trump's "Deep State" hit list

Illustration: Aïda Amer/Axios. Photos: WPA Pool/Getty Pool, Drew Angerer/Getty Staff

The Trump White House and its allies, over the past 18 months, assembled detailed lists of disloyal government officials to oust — and trusted pro-Trump people to replace them — according to more than a dozen sources familiar with the effort who spoke to Axios.

Driving the news: By the time President Trump instructed his 29-year-old former body man and new head of presidential personnel to rid his government of anti-Trump officials, he'd gathered reams of material to support his suspicions.