Author: David Rutman

Imperva Acquires CloudVector The price was not revealed. Israeli Cybersecurity company Imperva has revealed that it plans acquire application programming interface (API) security company CloudVector. The acquisition price has yet to be disclosed. IBM explains that Application programming interfaces, or APIs, simplify software development and innovation by enabling applications to exchange data and functionality easily […]

Taboola Under American Antitrust Investigation Its too early to know if this will effect its planned IPO. Taboola, the Israeli web content recommendation company, has revealed in an SEC filing that it is currently the subject of an antitrust investigation being conducted by the U.S. Department of Justice. The criminal investigation is related to the […]

Astonishing: an animal in the Gulf of Eilat could regenerate all of its organs This animal, a chordate, can regenerate all of its organs even when it is cut to three parts, and each piece knows exactly how to regain functioning in short time Tal Gordon underwater / Photo credit Tal Zaquin An extraordinary discovery […]

Israeli VC Fund Disruptive AI Expands Israel Arab Ties with AI-SQUARE Forum The project brings Israelis and Emiratis together. Yorai Fainmesser, Founder & Managing Partner of Disruptive AI Venture Capital. (pr pic) Disruptive AI, an Israeli venture capital fund which specializes in artificial intelligence, is expanding its operations into Turkey as part of its work […]

Israeli Video Startup Innovid Looks to $1.2 Billion IPO It will do so in an SPAC merger. Innovid CEO Zvika Netter (company PR pic) Innovid, an Israeli startup in the field of video advertising, is planning an initial public offering through a Special Purpose Acquisition Company (SPAC) Calcalist reports that the company expects a $1.2billion […]

Spotify Could Bring Down Apple in EU Spotify, the streaming provider of music and other audio content, finds itself at the EU’s current ant-trust charges which it were brought against Apple. The European Commission, the executive body of the 27 member nation EU, has determined that Apple’s payment system unfairly forces competitors to pay it […]

Intel, Mobileye Expands R&D Facilities and Manufacturing Capacity in Israel Intel has already begun the first phase of construction and will invest $10 billion to increase capacity and capability. L-R Mobileye’s Amnon Shashua, and Intel’s Pet Gelsinger. Credit Lior Deskel/ PR Intel has will expand its current investment in Israel to grow its product offering, […]

U.S. Investments Firm BlackRock Buys 3% Stake in Israel’s Bank Hapoalim The shares previously belonged to Shari Aronson. Bank Hapoalim Offices (Wikipedia) BlackRock, an American asset management firm, has revealed that it is the buyer of Shari Arison’s shares in the Israeli Bank Hapoalim (TASE: POLI) which she sold two weeks ago. According to the […]

Billionaire Philanthropist Eli Broad Dies at 87 Eli and his wife Edythe endowed two different foundations. Eli Broad (From memorial video on YouTube) Billionaire entrepreneur and philanthropist Eli Broad died on Friday. He was 87. He was best known as an art collector who was crucial in helping to promote the art scene in Los […]

Israel Startup Nation Raises More Than $2 Billion for New Tech Companies in April This included three new unicorns. Joel Bar-El and Dror Feldheim, Trax promo pic In total, Startup Nation brought in $2.2 billion in new funding in just the month of April alone. Three new companies hit unicorn status, a valuation of more […]