Category: Business

Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country’s counter-terror authorities show. Israel’s National Bureau for Counter Terror Financing (NBCTF) […]

SodaStream, the Israeli-based company that manufactures home carbonation devices, has announced that it will be laying off 70-80 employees, which accounts for approximately 3% of its total workforce. The decision is the third wave of layoffs for the company in the past 18 months, with 300 employees losing their jobs in October 2021 and another […]

A rare first-of-its-kind collaboration took place between the Israeli IL MAKIAGE makeup brand and the British Arsenal women’s soccer team, managing to grab the attention of the audience, with the brand’s logo appearing on the team’s uniforms and in the stadiums. The multi-year agreement is designed to promote collaborative efforts between the brands and to […]

Catalyst Investors’ Club aims to democratize the field of private investment and touts itself as “the Netflix of private investment.” It operates much like the media streaming giant, serving private investors video on demand (VOD) from a wide array of companies, whose short-pitch videos give a quick and comprehensive understanding of their investment potential. Hundreds […]

Financial statements were affected in 2022 by several key factors, including interest rate hikes that continued to rise in the first quarter of 2023, the Ukraine-Russia War that led to oil and gas shortages and rising food prices and the proposed legal reforms which accelerated the trend of falling profits.  The increase in interest rates […]

Twitter chief Elon Musk has “threatened” to reassign National Public Radio’s (NPR) Twitter account to another company, the US-based broadcaster said on Tuesday. Musk suggested that he would reassign the network’s main account, under the @NPR handle, to another organization or person, NPR said. Why did NPR leave Twitter? NPR stopped posting content to its […]

Israel’s ambassador to the United Nations Gilad Erdan is slated to host an event at the UN headquarters in Manhattan on Wednesday to showcase drone technologies to ambassadors from around the world.  The event is a collaboration between Israel’s mission to the UN, Israel’s National Drone Initiative led by the Ministry of Transport and Road […]

Today, the global hi-tech industry relies heavily on utilizing cloud infrastructure to host its latest and greatest innovations, and Israel’s local hi-tech industry is no different. To facilitate the pressing needs of Israel’s industry, Vultr, the world’s largest privately-held cloud computing company, has announced the expansion of its global footprint with the addition of a […]

Given its rapid advancement in recent months, AI has become the preeminent technology to watch, and one facet of the technology that uses machine learning to produce new content continues to make headlines: Generative AI. Thanks to its ability to compose music and artwork, emulate celebrity voices and even write your med school homework assignments, […]

The cost of price-controlled dairy products in Israel such as milk and sour cream is set to rise by 9% on Monday. This increase is only half of what was announced earlier this week and comes as a result of a deal with the Agriculture Ministry cut by Finance Minister Bezalel Smotrich, who sprang into […]