Author: David Rutman

Petah Tikva Mayor Rami Greenberg announced on Thursday that the Tel Aviv light rail is expected to open in July, although the company that operates the line stressed that there is still no confirmed opening. “This morning [I held] a meeting with the head of the NTA – Metropolitan Mass Transit System and the CEO […]

An Australian cyber regulator on Thursday said it has demanded Twitter explain its handling of online hate as the microblog has become the country’s most complained-about platform since new owner Elon Musk lifted bans on a reported 62,000 accounts. The demand builds on a campaign by the eSafety Commissioner to make the website more accountable […]

Teddy Sagi continues to write off public companies where he is invested while injecting tens of millions of dollars out of his own pocket to privatize them. After cybersecurity developer – kape, comes Best of the Best (BOBT), which is traded on AIM. The company, where Sagi holds 29.9%, informed the Tel Aviv Stock Exchange […]

According to a report by BDO, Israel’s natural gas revolution has had a profound impact on the country’s economy, resulting in substantial savings and positioning the Jewish state as a natural gas powerhouse, according to a report by BDO, the largest economic consulting firm in Israel. The country has saved over NIS 316 billion over […]

The risks of artificial intelligence to national security and the economy need to be addressed, US President Joe Biden said on Tuesday, adding he would seek expert advice on the subject. “My administration is committed to safeguarding Americans’ rights and safety while protecting privacy, to addressing bias and misinformation, to making sure AI systems are […]

Space Florida, the state’s leading aerospace finance and development authority, has joined forces with the Israel Innovation Authority, an independent agency focused on fostering innovation ecosystems, to unveil the winners of the highly anticipated tenth round of funding from the Space Florida-Israel Innovation Partnership Program. With a substantial $2 million available for allocation, this program […]

Credit card spending in Israel has grown in recent months, with a 7.2% jump in May 2023 in comparison to May 2022, according to data from Sheba Automated Bank Services. According to the data, total expenses amounted to NIS 40.942 billion, a marked increase of 9.2% compared to April. In addition, the average daily expenditure […]

One of Israel’s leading organic soda brands, Growper, is set to make its debut in the Netherlands, marking a significant milestone in the company’s expansion strategy as well as a strong step toward stronger Israel/Netherlands business ties. In order to finance the expansion, Growper launched a successful crowdfunding campaign, relying on the strength of its […]

Jerusalem Venture Partners (JVP) and Margalit Startup City New York announced a new “ClimateTech insurance” collaboration with the corporate venture arm of Australia and New Zealand’s largest general insurer, IAG Firemark Venture, to develop technologies and discover startups that could measure and mitigate climate change risks. “As extreme weather conditions and climate change are increasingly […]

The largest US-based Israeli-owned bank is launching a project to support Israeli Defense Force (IDF) veterans experiencing Post Traumatic Stress Disorder (PTSD) following active military service – in cooperation with an Israeli NGO. IDB Bank (IDB), a New York-based private and commercial bank, has partnered with Israeli nonprofit organization Invisible Album to raise both awareness […]