Category: 6. Business
-
Sweden’s MTG buys Israeli gaming co Plarium for up to $820m
Australian company Aristocrat is selling Plarium after buying the company in 2017 for $700 million. Sweden’s Modern Time Group (MTG) has announced the acquisition of Israeli gaming… Continue Reading
-
Here’s Where Gold & Silver Stand After the Big Election
U.S. presidential elections are always high-stakes events, filled with tremendous uncertainty, and this trend has only intensified over time. Significant volatility and market turbulence are common, especially when results are announced…. Continue Reading
-
How did El AL gain a monopoly during the Israel-Hamas War?
Israel’s flag carrier, El Al, has had a record-breaking past year. Its share price has risen 173% as the Israel-Hamas War has caused cancellations from other airlines, giving El Al near monopoly status on many routes, Globes reported last… Continue Reading
-
Israeli cloud management co ScaleOps raises $58m
Israeli real-time automated cloud resource management company ScaleOps today announced the completion of a $58 million Series B financing round led by Lightspeed Venture Partners, with participation from previous investors NFX and… Continue Reading
-
As Bitcoin soars Israelis missing out on cryptocurrencies
Cryptocurrency investors abroad are in euphoria over the election of Donald Trump who has promised to back digital currencies. Many major investment institutions overseas have put flagship cryptocurrency Bitcoin, which has reached a… Continue Reading
-
Kikar Atarim plan set for final approval
The plan for Kikar Atarim on Tel Aviv seafront, which is meant to enhance one of the most famous locations in the city, is set to be approved for deposit this week by the Tel Aviv Local Planning and Building Committee, after an… Continue Reading
-
Over 1,000 Intel Israel employees leave the company
The corridors in Intel Israel’s development center have been much quieter these days, as the biggest wave of layoffs the company has ever known is about to be completed, and those remaining get used to a new reality. Former Intel… Continue Reading
-
Bill seeks to regulate messenger service employment model
A private member’s was laid before the Knesset today aimed at regulating the status of employees of digital platforms. This will cover thousands of delivery operatives of Wolt, and some delivery operatives at Mishloha, Haat,… Continue Reading
-
Monday.com plunges despite beating analysts, raising guidance
The share price of Tel Aviv-based Monday.com (Nasdaq: MNDY) fell by about 20% after the company released its third quarter results today, despite the fact that it beat market estimates and raised its annual guidance. The share price… Continue Reading
-
Hansen: ‘We see no reason to alter our bullish stance’ on precious metal
Saxo Bank Head of Commodity Strategy Ole Hansen believes gold and silver’s recent drop in price is temporary amid a climate ripe for higher prices. “Precious metals, which had enjoyed a strong run-up ahead of the election, turned sharply… Continue Reading
