Zebra Technologies buys Israeli retail analytics startup Profitect for $100 Million
Zabra Technology Corporation announced that it intends to acquire Israeli startup Profitect, which develops analytical software for the retail market. The product of Profitect is capable of tracking and identifying More...
Teddy Sagi sells SafeCharg at a profit of $700 million
SafeCharg, controlled by Teddy Sagi, reports today that it is being sold to Canadian company Nuvei in a cash transaction for $5.55 per share ($4.36), reflecting a value of $889 million. This is a 25% premium on More...
Mossad’s Venture Arm to diversify its Secretive Portfolio
Libertad Ventures, the Mossad newly established Venture Arm which keeps its portfolio companies secret, said Monday it is expanding its investments into sectors such robotics, fintech, and smart city technologies. After More...
MyHeritage launches a new DNA kit to provide personalized health diagnoses
MyHeritage, the Israeli family history and DNA testing, today announced a significant expansion of its genetics activities. The company has launched a new kit called MyHeritage DNA Health + Ancestry, to provide More...
I have a Huawei smartphone. Should I worry?
Huawei-Ascend-Mate-7 US President Donald Trump’s campaign against China’s Huawei has yielded dividends, and the company has to deal with severing relations with US technology companies – Google, More...
Website Builder WIX Acquires Israeli Creative Agency for $10-15 Million
Israeli-International website builder startup WIX has acquired a creative and innovative Israeli agency, Gefen Team. According to initial reports, the Gefen Team will work within the company as an advertising agency. All More...
Kibbutz Afikim to sell Afimilk at a company value of $110 million
Kibbutz Afikim in the Jordan Valley and the Fortissimo Fund are on the way to an exit, Calcalist report. Calcalist has learned that an international European company is negotiating to buy 50% of Afimilk’s More...
WhatsApp voice calls used to inject Israeli spyware on phones, Report
Facebook’s Whatsapp has identified an application security flaw that allowed attackers to install remote-controlled spyware on their smartphones, the Financial Times reported on Tuesday. It discovered the More...
A Long-Term View On U.S. Trade With China
Just hours after President Trump warned China not to retaliate against the U.S.’s latest tariff hike on Twitter, the Chinese Ministry of Finance did just that by raising the tariffs on thousands of American More...
How Uber’s IPO Valuation Measures Up
By Katharina Buchholz Uber stocks are hitting Wall Street today in an IPO that valued the company at $82.4 billion. Uber is selling initial shares at $45 a piece and raised $8.1 billion in the biggest IPO in More...