Category: Business

Jeff Weiner, executive chairman of LinkedIn funds Israeli startup Loris.AI Loris has developed a system that helps customer service agents provide an adequate response instead of bots that may estrange customers Jeff Weiner/ Wikipedia. Photo source: TechCrunch on Flickr  Jeff Weiner, executive chairman of LinkedIn, funds the startup company Loris.AI as part of a $5.1 million […]

Taboola Beats Q1 Expectations Ahead of Planned IPO It brought in more than $300 million. Taboola, the Israeli web content recommendation company, had a better than expected first quarter for 2021. Taboola reported revenues of $300 million to $303 million, versus the prior projection of just $286 million. Hopefully this is a sign that the […]

Nano Dimension Acquires Israeli Machine Learning Co DeepCube for $70 Million Nano Dimension produces 3D printing tech. DeepCube Management (From Press Release) Nano Dimension, an Israeli company in the 3D printed electronics (Additively Manufactured Electronics (AME)/PE) field, has bought out fellow Israeli company DeepCube Ltd. The Machine Learning/Deep Learning (ML/DL) technology was acquired for $70 […]

Israeli Digital Insurance Company Lemonade Expanding Into Car Insurance It began in the real estate insurance field. Lemonade Car Insurance (compony Twitter post) Lemonade is an Israeli digital insurance company powered by artificial intelligence and behavioral economics. Until now it has concentrated in the real estate / home owner’s field of insurance. But that is […]

Canadian ZoomerMedia will broadcast ILTV’s news Israel Daily Canadian Jewish media tycoon Moses Znaimer, owner of five television channels and two radio stations will broadcast news from Israel. ZoomerMedia Photo via PR Israeli independent online News Channel ILTV and the Canadian television corporation ZoomerMedia (ZML) have signed a two-year cooperation agreement. As part of the […]

Facebook Adds New Audio Services It is also adding a podcast service. Like all companies, Facebook must expand its services or be relegated to history along with other one time monster internet successes like Yahoo and America On Line. This is why it acquired Instagram and WhatsApp early on. This is why it continues to […]

Jstay: The Jewish Travel App It was founded by Sholli Kestecher, the JBN entrepreneur of the month. Sholli Kestecher (Official profile pic) Jstay wants to be the Jewish AirBNB. Founded in October 2019, it is the brainchild of British immigrant to Israel Sholli Kestecher. The new service offers a free app for Jewish travelers to […]

Europe’s Footballing Elite Plans Breakaway League The world of football, or soccer for our American readers, was rocked by an earthquake on Sunday, as twelve of the largest European clubs announced the formation of a breakaway league, that would effectively upend the current structure of the world’s most popular sport. Named “European Super League” – no points […]

Ampa Group Signs Franchise Agreement for WeWork Israel Ampa Group is now the WeWork Israel franchise holder. WeWork Offices Tel Aviv Company Pic Workspace sharing company WeWork has signed an agreement with Ampa Group, one of the leading real estate companies in Israel, giving Ampa the exclusive right to operate WeWork Israel as a franchise. […]

Israeli Startup Affogata Offers a Customer Intelligence Platform The company just raised $5.5 million in seed money. Affogata Team (Photo Reiss Studio) Affogata is a new Israeli startup which offers businesses a customer intelligence platform. The company just completed a $5.5 million seed financing round co-led by Mangrove Capital Partners and PICO Venture Partners. Wix […]