Author: David Rutman

Teva Pharmaceutical Industries TEVA.TA on Wednesday agreed to pay Nevada $193 million to settle claims that its marketing practices fueled opioid addiction, the state announced. Nevada was one of two states, along with New Mexico, that did not join a $4.35 billion nationwide settlement with the Israel-based drugmaker last year. New Mexico has also since […]

The gender wage gap between men and women in Israeli hi-tech currently stands at 30%, and only 3% of CEOs in the industry are women, newly published data revealed ahead of the Mind the Gap conference that will take place later in June. The findings were published by the company Compete ahead of the conference, […]

Britain has committed to the removal of Chinese-made surveillance equipment from sensitive government sites as part of its latest plans to address national security concerns related to China. Under Prime Minister Rishi Sunak, who has cast China as the world’s greatest challenge to security and prosperity, the government told its departments last year to stop […]

Reports of an Artificial Intelligent (AI) drone killing its military operator in a simulation in London have made appearances in global media over the last week. However, the US military denies that this simulation ever happened.  The alleged simulated death occurred during a simulation test ran by Air Force Colonel Tucker Hamilton.  According to reports, […]

Dozens of senior executives in Artificial Intelligence, academics and other famous people have signed a statement warning of global annihilation by AI, stating emphatically that fighting this threat of extinction should be a global priority and calling to reduce the grave risks of AI. “Reducing the risk of extinction from AI should be a global […]

President Isaac Herzog of the State of Israel held a significant meeting with Sam Altman, the CEO and co-founder of OpenAI, during Altman’s visit to Israel during a global tour of AI development hotspots around the world. OpenAI is the world’s leading research laboratory for artificial intelligence (AI), best known for its flagship product ChatGPT, […]

Tesla projects that its electric crossover car, the Model Y, will become the best-selling car in the world in 2023 – a first for Tesla and an electric vehicle. That’s what Tesla CEO Elon Musk said in a mid-May investor call. The Model Y was already the fourth best-selling car worldwide in 2022, selling 759,000 […]

Lior Simcha, CEO of the Milk Producers Association, stated that he hopes that the price of dairy products will drop soon, in a conversation with Anat Davidov on radio station 103FM. Milk prices, which are under government supervision, rose by 1% recently, on May 31, one day after Simcha spoke with Davidov, yet he hopes […]

Intense competition between Gulf Cooperation Council members and geographical neighbors Saudi Arabia and the United Arab Emirates to attract foreign investments and foreign billionaires has reached the point where they have begun enacting laws that contravene their common GCC orientation. For more stories from The Media Line go to themedialine.org In 2022, Saudi Arabia, the […]

When I arrived a few months ago at one of the largest oil and gas industry conferences in Madrid, for a moment I thought I had come to the wrong place. The display of heavy and expensive machines, which opens every conference, was replaced by a display of autonomous submarines and advanced, small autonomous robots. […]