Tech Roundup / Losing the Waze to a Better Place

Shai Agassi's electric-car battery venture implodes; Facebook veers away from Waze; oligarch invests in Israeli startup; Webcollage makes inglorious exit; mobiles move around and rumblings inside Kiryat Gat.

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There was only one story this week in Israeli tech circles: the dog-bites-man implosion of Better Place, the electric-car battery venture founded by technology talent Shai Agassi.