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Clooney, Gerber & Meldman Sell Tequila Co. for as Much as $1B

Casamigos, the tequila company, is being sold to Diageo for as much as $1 billion. The company was formed and is currently owned in...

‘Workey’ Start-Up Raises $8M, Heads to New York

Israeli startup uses artificial intelligence to help millennials find a career. The company’s beta test clients include Amazon, Yahoo and Oracle Israeli startup Workey...

In $4.5M Buy of Yahoo, Verizon  Gets Dominion Over 1B Users 

As of Tuesday June 13, Verizon Communications Inc. has officially purchased Yahoo! Inc.  The much anticipated $4.5 billion acquisition gives Verizon dominion over 1...

Israeli Company, Voiceitt, Raises $2M in Capital To Enable People 

With Speech Disabilities To Speak Using Their Own Voice Voiceitt (Technologies of Voice Interface, Ltd), a developer of innovative speech translation technology for...

Tesla’s Elon Musk Quits as WH Tech Adviser After Trump Bolts Paris Climate Deal

On Thursday June 1st, Elon Musk made good on his threat to bail as one of White House’s top tech advisers, after President Trump...

Viacom Shares Get Needed Boost from Altice Cable Deal

On Thursday, May 25, just two days before Sumner Redstone’s 94th birthday, the media mogul received an early gift. Redstone and his family’s...

J’lem Startup Aims to Crystallize Home-Made Jewelry

When Mor Cohen began her undergraduate studies at the Bezalel Academy of Arts and Design in Jerusalem, marketing do-it-yourself (DIY) jewelry sets was the...

JPMorgan Chase Shows Preference for ‘Occupied Palestine’ Over Israel

JPMorgan Chase lists the “State of Palestine, Occupied” as a fraud-free country, while it deems Israel a scam-ridden state. The Jerusalem Post reported Thursday...

Billionaire Bill Ackman is  Hoping for a Comeback

The billionaire founder and CEO of the hedge fund Pershing Square Bill Ackman is hoping for a turn around after two years of major...

New CEO at Israel Discount Bank of NY Pledges Personal Touch at a “Full-Service American Bank with an Israeli Soul” 

When Uri Levin, the newly installed President & Chief Executive Officer of Israel Discount Bank New York (IDB Bank or IDB), describes his...

Urbancorp Fiasco Behind Them, Israeli Investors Welcome US Developers Again

From 2015 to early 2016, the Israeli bond market heartily welcomed U.S. developers and their investments. Hundreds of millions of dollars were raised,...

Jeff Bezos Sells Off $1B in Amazon Stock to Fund Rocket Company

Amazon CEO Jeff Bezos sold almost $1 billion in Amazon Stock last week in order to fund his rocket company Blue Origin, reports the...

Arconic CEO Resigns Over  Letter to Elliott Management

Klaus Kleinfeld, the Chief Executive of Arconic Inc, sent a letter to Elliott Management Corp. last week, which was not approved by his...

Competition Builds & Verizon Customers Bail

In an attempt to halt a severe defect of customers, Verizon Communications Inc. is sacrificing their bottom line and offering customers more data for...

Israeli Entrepreneurs See a Bright Future for Solar Technology

In October 2016, SpaceX and Tesla founder Elon Musk unveiled Powerwall II, a new high-performance rechargeable battery powered by a solar roof. These...

China Feasts on Israeli Tech

In its endless quest for resources and technology, the world’s largest nation is increasingly looking at one of the world’s smallest. Twenty-five years ago,...

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