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Author: David Rutman

Active adult users create majority of TikTok content in US

February 22, 2024February 22, 2024David Rutman

A new study published by the Pew Research Center on Thursday reveals the way in which US adults use TikTok.  Figures show that 98%, of the majority of public content posted on TikTok is created by 25% of users, in fact, a minority of very active adult users. In accordance with these findings, half of […]

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New technology created for seeing through objects

February 22, 2024February 22, 2024David Rutman

Science fiction writers can dream up any advanced technology without having to build anything. Many of them “invented” fantastic devices before they actually came onto the market and into homes and cities.  How about an algorithm that computes highly accurate, full-color, three-dimensional reconstructions of areas behind obstacles – a concept that can not only help […]

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Housing market shift: 2023’s impact on buyers and contractors

February 21, 2024February 22, 2024David Rutman

In 2023, approximately 66,590 apartments (both new and second-hand) changed hands, marking a 35% decline compared to the previous year, as per a report released by the Central Bureau of Statistics. Of these, 42% were new apartments, totaling around 27,930 units, reflecting a 30.7% decrease from 2022. About 6,860 of these new units were sold […]

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Urban Renewal Capital: This is a massive plan approved in Jerusalem

February 21, 2024February 21, 2024David Rutman

The municipality of Jerusalem, through the local planning and building committee, approved four plans on February 11 for deposit in the district committee for urban renewal in Kiryat Menachem, within which 1,709 housing units will be built, including two giant towers of 41 stories each. In addition, the plan includes an area for public use […]

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Oil prices rise as investors weigh Red Sea attacks, US rate cut outlook

February 21, 2024October 9, 2024David Rutman

Oil prices regained some ground in Asian trade on Wednesday amid concerns over attacks on shipping in the Red Sea and growing expectations that cuts to US interest rates will take longer than thought. Brent crude futures rose 24 cents or 0.3% to $82.58 a barrel by 7:21 GMT, while US West Texas Intermediate crude […]

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Major Israeli banks to pay millions in fines due to poor service

February 20, 2024February 20, 2024David Rutman

Bank Hapoalim and Bank Leumi will each pay a fine of NIS 1 million, and Isracard will pay a fine of NIS 250,000, the Bank of Israel announced. This comes as part of financial sanctions against banks due to service disruptions and consumer issues, which were investigated by undercover Bank of Israel officials.  Bank Hapoalim […]

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Will Apple give up on its foldable iPhone?

February 20, 2024February 20, 2024David Rutman

Apple froze development of its new foldable iPhone after screens provided by manufacturers did not meet the company’s strict testing standards, according to a report by Chinese technology blogger Fixed Focus Digital. The report claimed that Apple tested a number of foldable devices from other companies as part of its research and development process, which […]

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Israeli firm Partner to enter electricity market

February 20, 2024February 20, 2024David Rutman

The Partner Internet and phone service group is preparing for its upcoming entry into the residential electricity consumer market, by launching the Partner Power brand. In recent weeks, the company has started a pilot program with its employees, leading up to the official launch to the general public. It will offer three plans: a fixed […]

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Mekorot to increase the amount of water supplied to Israel’s North  

February 19, 2024February 19, 2024David Rutman

In the upcoming years, Israel’s North will enjoy an increase it in the amount of water it receives thanks to a new project by the country’s national water company. Mekorot, which celebrated its 87th anniversary since its establishment on Thursday, has launched a project to supply more water to the Haifa, Nesher, and Carmel regions. […]

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Netanyahu lost his credit rating, Israel needs a new statesman – opinion

February 18, 2024February 18, 2024David Rutman

As Israel experiences a downgrade in its credit rating, a similar fate has befallen its leader. Prime Minister Netanyahu, once considered a respected statesman on the international stage, has lost his rating. And similar to Moody’s forecast, the forecast is negative. Until last year, the free world regarded Netanyahu as a statesman, one with whom […]

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