Author: David Rutman

Despite significant declines in funding for Israeli hi-tech companies, microalgae-based alternative protein start-up Brevel has announced the successful completion of a seed funding round which secured a hefty $18.5 million in investments, a feat which highlights investors’ belief in the potential of alternative protein solutions. The funds raised by Brevel will be used to further […]

Mattel is banking on the box office success of the Barbie movie to help drive doll sales in the second half of the year, CEO Ynon Kreiz said on Wednesday, as the toymaker recorded a strong performance in July following the buzz around the film. The California-based company also posted a surprise profit in the […]

Sygnia, a prominent Israeli cybersecurity company, has recently released updated details on the activities of the Casbaneiro attack group, which has been wreaking havoc on organizations globally, with a specific focus on targeting the financial sector in Latin America since 2018. Sygnia’s investigations reveal that the threat actors behind the Casbaneiro campaign have continued their […]

The casino company controlled by Jewish megadonor Miriam Adelson is paying its shareholders dividends again, potentially paving the way to a rebound for the family’s foundation.  The Adelson Family Foundation — founded by Adelson and her late husband, Sheldon Adelson — has been a prolific giver to Jewish organizations, including Birthright Israel. The couple was […]

Aman Group is one of Israel’s leading IT companies, having generated over NIS 810 million in revenue this year. The company is a member of Israel’s Business Forum, and as such was a participant in the nationwide corporate strike on Monday, when the country’s top 150 companies ceased to work in protest of the Knesset […]

After 17 years with an iconic blue bird that came to symbolize the broadcasting of ideas to the world, billionaire Elon Musk renamed Twitter as X and unveiled a new logo, marking a focus on building an “everything app.” On Monday, a stylized white X on a black background became the new logo on Twitter’s […]

As of 17 July, Russian government employees are prohibited from using Apple devices for official state use, the Financial Times reported earlier this month, adding that the ban will apply to all Apple products. The commerce department will ban iPhone use for all work purposes. Other agencies, including Minkomsvyaz, the Ministry of Digital Development, Communications, […]

Elon Musk and Twitter Chief Executive Officer Linda Yaccarino unveiled a logo for the social media platform on Monday that featured a white X on a black background as a replacement for the familiar blue bird symbol. “X is here! Let’s do this,” tweeted Yaccarino, who also posted a picture of the logo projected onto […]

Isracard credit card is reaching out to teens and young adults by launching a digitally loaded card called Netanchik. The card allows transactions up to NIS 1,000 at a time and can be recharged up to a maximum amount of NIS 4,000 per month.  The card can be integrated into a digital wallet, and its […]

An artificial intelligence (AI) system that identifies violations of social norms has been developed by a researcher at Ben-Gurion University of the Negev (BGU). The project – one of the first to tackle the automatic identification of social norm violations – was financed by the US Defense Advanced Research Projects Agency (DARPA).  While many social […]