
Israel’s Formula Systems to Pay Out $8 Million in Dividends
Israel’s Formula Systems, a provider of software consulting services, computer-based business solutions and proprietary software products, announced that its Board of Directors has declared a cash dividend More...

Kaspersky Rarely Opens Labs Outside Russia, and the One It Does Is in Jerusalem
Russian software security giant Kaspersky Lab, known for its popular anti-virus system, will open a development center in Jerusalem next year – one of its few outside of Russia. In its first stage, More...

Lawrence Stroll’s Bid May Not Be High Enough for Sauber
– The brakes might have been put on Lawrence Stroll’s bid to buy Swiss Formula One racing team, because some say he isn’t offering enough money. Spain’s El Mundo reported the More...

Canadian Billionaire Lawrence Stroll Sells Kors Stake to Buy Swiss Formula One Team
Canadian billionaire Lawrence Stroll is reportedly looking to buy the troubled Swiss Formula One racing team, Sauber F1. The fashion tycoon sold his 5.7% stake in Michael Kors, and has sufficient funds More...

Aaron Spelling’s Mansion Asking $150 Million, Highest Ever for US Private Home
– A mansion that was personally designed for television producer Aaron Spelling (The Mod Squad, The Rookies, Charlie’s Angels, Beverly Hills 90210, 7th Heaven, Charmed, Jane’s More...

First Formula Car Launched by Israeli students
– Ahmed Omri unveiling the new formula vehicle / Moran Maayan, Technion Spokesperson The Technion’s first Formula car was unveiled at an exhibition of design projects held by the Faculty More...