800- Mobileye  Ziv Aviram and Amnon Shashua Photo PR
By Shai Genish On Monday, March 13th, 2017
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The Biggest Ever Exit in the History of Israeli Industry: Intel Buys Mobileye for Over $15 Billion in Cash

  Mobileye N.V., the Israeli vehicle safety and automation systems company, was acquired by Intel Corp. for $63.54 per share in cash – an equity value of about $15.3 billion and an enterprise value More...

paid content -VR. Virtual reality
By Shai Genish On Wednesday, March 8th, 2017
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WATCH: Mobileye Sets a Guinness World Record With VR of Riding in a Driverless Car

  1,867 global business leaders from 130 countries surprised with a virtual reality experience of riding in a driverless car at the 2017 YPO EDGE in Vancouver. The premier chief executives became a part More...

gauzy
By Jewish Business News On Tuesday, February 21st, 2017
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Mercedes Benz Team With Israeli Startup Gauzy for Messages on a Car Window

 Israeli start-up Gauzy, the developer of a sophisticated method to communicate location and time based messages on a car window is collaborating with German automaker Daimler, the manufacturer of Mercedes cars. More...

A Honda dealership sign is shown at a car lot in Carlsbad,   California
By Jewish Business News On Wednesday, February 15th, 2017
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Honda, Volvo and Hertz Open DRIVE Innovation Center in Israel

  Honda, Volvo, Hertz and Ituran have opened an innovation center in Israel. The DRIVE innovation hub in Tel Aviv launched by the Mayer Group, the Israeli importer of Honda and Volvo cars, to promote the development More...

uber-elevate
By Jewish Business News Correspondent On Monday, February 6th, 2017
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Uber Hires Veteran NASA Specialist to Develop Flying Cars

Uber Elevate Uber Technologies Inc. hired NASA veteran engineer Mark Moore, who worked at the federal agency as an advanced aircraft engineer. Moore will act as Director of Engineering at Uber Elevate, which is More...

Uber Steals Amit Singhal from Google
By Gil Tanenbaum On Thursday, January 26th, 2017
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Uber Snatches Senior Google Exec

Ride share service Uber scored a coups over Google. It has hired away Google’s former senior vice president for search Amit Singhal. Fifteen years ago Google was still in its infancy, but within just a few More...

John Elkkan,    fiat-chrysler
By Shai Genish On Monday, January 9th, 2017
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Fiat Chrysler to Spend $1 Billion to Make Jeep Pickups in U.S Midwest Plants

Fiat Chrysler Automobiles, lead by John Elkkan, will invest $1 billion in two of its factories in the Midwestern states of Michigan and Ohio to assemble new SUVs which will create 2, 000 jobs. The American-Italian More...

bmw-intel-and-mobileye-self-driving-car
By Shai Genish On Thursday, January 5th, 2017
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BMW, Intel and Mobileye, Will Have Self-Driving Car Fleet in 2017

BMW, Intel, and Mobileye announced today their intention to deploy 40 self-driving BMW 7 series cars by the second half of 2017 for testing on the roads in the US and Europe. This commitment demonstrates More...

el-al_boeing_737
By Jewish Business News On Monday, January 2nd, 2017
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El Al Defies German Court Order Over Flight Delays

  El Al, Israel’s national airline, is snubbing its nose at a German court order requiring the company to compensate all of its passengers whose flights were delayed both coming to and going from European More...

Senator Al Franken
By Carl Kaminsky On Monday, January 2nd, 2017
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Uber Responds to Al Franken’s Concerns

  Uber and Lyft have responded to Senator Al Franken’s concerns about racism but not consumer privacy. Last month Senator Franken sent the companies an open letter on the matter. In the letter to Uber More...

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