Connect with us

Hi, what are you looking for?

Jewish Business News


After Google, Online translation company Babylon announces Will Not Renew its Agreement decided not to renew its agreement with the online translation company.
Noam Lanir Wikipedia

CEO Noam Lanir

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Online translation company Babylon Ltd. (TASE:BBYL) has lost another partner. APN LLC ( will not renew its contract with the company. The three-month agreement signed in mid-September, will not be extended for another term, and will expire on December 14. Babylon said that it will provide users alternative service from the expiration date. It added, “Because the agreement will not be renewed after three months of operation, the effect of the non-renewal of the agreement will not have a material effect on the company’s income.”

Babylon continued, “Babylon has chosen to focus on deepening its cooperation with Yahoo, installing a range of additional monetization solutions, and it expanding the solutions provided to business customers.”

In October, Babylon suffered a grievous blow when Google Inc. (GOOG) notified the company that it would not renew its cooperation agreement, which was responsible for a third of Babylon’s revenue. Although Yahoo! agreed to continue its agreement with Babylon, after the latter fixed problems in its product, Babylon’s share price collapsed, and its planned merger with ironSource Ltd. was called off.

Published by



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News