Category: Business

New York State is now home to a record-breaking 30 Israeli-founded unicorns, according to the United States – Israel Business Alliance (USIBA). These privately held companies are valued at $1 billion or more and all 30 have their global or US headquarters in New York City, making it the city with the most Israeli-founded tech […]

SASA Setton is a social-educational organization, in partnership with the Education Ministry, that promotes education for hospitalized children in Israel.  Established in 2009 by the late Philippe and Hilda Setton, the organization provides educational solutions for 140,000 hospitalized children annually in 41 general, psychiatric, rehabilitative and nursing hospitals. Since its inception, SASA Setton has provided […]

For the last decade, autonomous vehicle technology has been a hot topic in the automotive tech industry, and for good reason — once the technical and regulatory issues standing in the way of its implementation are overcome, the way that people interface with their daily transportation will change forever. Israel is home to many start-ups […]

Israeli renewable energy company Teralight, the Moshavim movement and the Environmental Protection Ministry have launched the country’s largest solar project in the Jezreel Valley. Known as the “Ta’anakh” project, it is expected to provide electricity for around a quarter-million Israelis living in more than 60,000 households by the end of the first half of next […]

It’s perfectly possible to make money in Israel and keep most of it. According to the OECD, Israeli tax revenues amounted to 32.2% of GDP in 2021, which was better than the OECD average of 34.1%. You are probably doing taxable business in Israel if you conduct business activities in Israel or operate in Israel […]

Twitter removed the blue checkmark on Thursday for all users who have chosen not to pay the monthly cost for it for it. Notable academics, celebrities, journalists and public figures, who had the verified status and now do not, include Beyonce, Donald Trump, Pope Francis, Mark Hamill, Bill Gates, Twitter founder Jack Dorsey and many […]

Migdal Insurance, controlled by Shlomo Eliyahu, lost approximately NIS 468 million in the past year compared to a profit of NIS 1.73 million in 2021, according to reports released late last month.  In the fourth quarter of 2022, the group earned NIS 388 million, compared to a profit of NIS 747 million in the corresponding […]

Israel will give regulatory approval to a company to produce non-animal cow’s milk for the first time in the coming days, Prime Minister Benjamin Netanyahu announced on Wednesday. He made the statement during a visit to Steakholder Foods in Rehovot, a company that uses 3D printing to produce real meat from ethically harvested cells, known […]

Iranian hackers known as “Mint Sandstorm” have been refining their tactics and targeting energy and transportation infrastructure in the US, including ports, energy companies and transit systems, Microsoft Threat Intelligence reported on Tuesday. Mint Sandstorm is the new name used by Microsoft to track the activity of the collection of hacker groups formerly known as […]

Roman Badanin, an independent Russian journalist who fled Russia after receiving death threats and was in danger of imprisonment, gave an interview to CNN where he discussed his investigation into the secret luxurious lifestyle of Russian President Vladimir Putin and details about his mistress, Alina Kabaeva. Badanin gave CNN this new and exclusive information about […]