Human error is still the primary cause of traffic accidents. Israeli company AutoTalks is therefore enabling cars to "talk" to each other and warn drivers of potential accidents. The company envisions that by 2015 the first cars manufactured with these talking chipsets will be on the market.

After months of rumors and speculations – it's official! Israeli social GPS startup Waze has been acquired by Google for $1.03 billion. Waze's operations will stay in Israel for the time being.

Google is reportedly buying Israeli social GPS startup Waze for a whopping $1.3 billion. It is not the first Israeli startup to be sold for big bucks, nor will it be the last – here are six companies that might be next.

Though video has become a major part of the smartphone world, it has not quite replaced voice-calls or texting. Israeli company Glide, who recently won "Crowd Favorite" on TechCrunch Disrupt, claims to have found the winning formula.

For many people, the simple task of reading a street sign or a restaurant menu is impossible due to visual impairment. Israeli startup OrCam is using sophisticated artificial intelligence to give these people a solution.

When it comes to sensitive data, most companies would rather destroy and not recycle old hard drives, since even deleted data can be recovered. Israeli startup Sure Erasure can make sure the data is gone for good.

Though decorated glass is nothing new, using state of the art printers to make intricate and durable designs on glass is. And that's exactly what Israeli company Dip-Tech does worldwide.

Some 300 million children go to school in areas prone to earthquakes. An Israeli design student and his instructor have come up with a table designed to protect them. Their creation will be on permanent display at the Museum of Modern Art in New York.

Microsoft PowerPoint facilitates presentation design and startups like Prezi provide well-designed templates to help you communicate what matters. Now an Israeli startup called Emaze is trying a different take by offering a much simpler presentation template system.

After establishing itself as a startup hub second only to Silicon Valley, Tel Aviv has set its sights on a new goal. The ambitious project will take all municipal services online, offer free citywide wifi and an array of digital services.

Another international company is eyeing Israeli startups and this time it's retail giant eBay. The company is setting up an incubator, which will help young Israeli startups develop their products.

More than a century after it was devised, Einstein's theory of relativity still makes the headlines. A team of Israeli researchers has used a method based on the theory to discover a previously unknown planet outside the solar system.

Beyond Verbal, an Israeli startup, claims to take computer-based voice recognition one step further by creating software that is able to detect not just the words, but the emotional nuances of a voice to decipher how a person is feeling.

After months of speculation and reports of an offer by Apple that was rejected, it seems that Waze has found a buyer. Israeli financial magazine Calcalist reports that Facebook will pay up to $1 billion for the Israeli social GPS startup.

When it comes to website development, it is often difficult to find a designer who can also write code. Israeli startup Webydo is trying to eliminate the code-writer by offering a platform that takes a design – and generates code automatically.