Manufacturers Limit Product Repairs to Block Competition — FTC report Says That’s why its so hard to get spare parts. According to the U.S. Federal Trade Commission, manufacturers restrict repairs on their products in a deliberate effort to stifle competition. The report, which was submitted to the U.S. Congress, singled out mobile phone and automobile […]
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Israeli Insurance Company Migdal Invests $355 Million in $355 Million in Global Energy Generation Doral LLC Doral has solar power projects. Doral Energy Solar Field in Israel (company pic) Migdal, an Israeli insurance giant, is expanding into the renewable energy business with an investment in the fellow Israeli firm Doral LLC. Migdal paid about $355 […]
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Fintech Firm Global-e Looks Too $3.5 billion NASDAQ IPO Fintech and cybersecurity startups are worth billions these days. Global-e co-founders Amir Schlachet (from right), Shahar Tamari, and Nir Debbi. (Company PR pic) Israeli fintech startup Global-e is planning an initial public offering. The company submitted a revised F-1 filing with the U.S. Securities and Exchange […]
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Israel’s Simplex Fintech Firm Acquired by Nuvei for $250m Million Simplex deals with Cryptos. Simplex co-founders CEO Nimrod Lehavi (center), Chief Technology Officer Erez Shapira (right) and Chief Analytics Officer Netanel Kabala. (Simplex PR Pic) Nuvei Corporation (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, entered into a definitive agreement to […]
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Afghanistan – has Biden taken a wrong turn? Taliban execute Zarmeena in Kabul in 1999 / RAWA by Neville Teller On April 14, 2021 President Joe Biden announced that he was abandoning the timetable for withdrawing US troops from Afghanistan that his predecessor, Donald Trump, had agreed with the Taliban. He had decided that the […]
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