Category: Business

PepsiCo has announced that it will acquire the remaining 50% stake in Sabra and Obela from Israel’s Strauss Group, making it the sole owner of both companies. Sabra and Obela are currently 50/50 joint ventures between PepsiCo and Strauss Group, focused on producing, distributing, and selling refrigerated dips and spreads. The deal is worth approximately […]

Have you heard of “Sledging?” Well, don’t be disappointed if you haven’t. Let’s just say that Gen Z has done it again when it comes to coming up with new ways to prove that the entire generation is selfish and narcissistic. Now they hold onto people they plan on dumping just so as not to […]

Israel Tech Startups and Innovations: Weekly Roundup November 16 – November 22, 2024New Startups / VC FundingIsraeli Startup Twine Launches AI Employee ‘Alex’ for Automated Identity Management and SecurityTwine is an Israeli-based cybersecurity startup. The firm raised $12 million in seed funding co-led by Ten Eleven Ventures and Dell Technologies Capital, with participation from angel […]

Dazz, an Israeli startup that offers AI-powered cloud security remediation, was acquired by Israeli cyber unicorn Wiz. While the terms of the deal were not disclosed, the Israeli financial publication Calcalist said it could be worth as much as $450 million. Dazz’s platform will enhance Wiz Code, a powerful tool that helps developers and security […]

Prompt Security is an Israeli startup that offers generative AI security for enterprises. The firm raised $18 million in a Series A funding round led by Jump Capital, just ten months after raising $5 million in a Seed round of funding. The alarming reality of AI security is underscored by Gartner’s findings that nearly 30% […]

Stephen Schwarzman’s private equity firm Blackstone has acquired sandwich restaurant chain Jersey Mike’s Subs. The terms of the deal for the Subway rival were not released, but according to the New York Post it is valued at $8 billion. Blackstone said Jersey Mike’s is teaming up with Blackstone to accelerate its growth and innovation. Founder […]

CommBox is an Israeli startup that offers an enterprise-grade omnichannel, AI-powered customer experience platform. The firm raised $15 million growth investment round from PSG Equity. This investment follows PSG Equity’s original 2021 investment and will be used to help enhance CommBox’s AI-powered solution. An enterprise-grade, omnichannel, AI-powered customer experience platform is a sophisticated software solution […]

Have you heard of a “Red Pill Guy?” This is a type of man that women are being warned to stay away from: men who see women in a relationship as inherently their inferior partner who must submit to their will. In recent decades, a new wave of men’s rights activism, often termed the “manosphere,” […]

Will Jared Kushner play a significant role in the second Donald Trump Administration? While the former and soon to be again first son-in-law and his wife Ivanka Trump were not involved in Trump’s 2024 campaign and have said they do not plan on participating in the new Trump White House, sources told CNN that Jared […]

Israel Tech Startups and Innovations: Weekly Roundup November 9 – November 15, 2024 New Startups / VC FundingIsraeli Cloud Security Startup Upwind Nears $900 Million Valuation with Real-Time Protection PlatformUpwind Security is an Israeli startup that develops a security platform that protects cloud infrastructure in real time. The firm is set to hit a valuation […]