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Israel Business News Feeds

Main Headlines from Globes

Israel Aerospace sets up aviation startup lab (Jun 28, 2017 12:37 PM)
The company hopes to obtain a franchise for the lab from the Israel Innovation Authority.

Fiverr buys Israeli video marketplace Veed.me (Jun 28, 2017 12:16 PM)
The Israeli freelancer marketplace company has acquired Veed.me with its community of 3,500 professional videographers.

Shekel gains against under-pressure dollar (Jun 28, 2017 11:32 AM)
The dollar has hit a new 3-year low against the shekel and a 10-month low against the euro.

Retail intelligence co Trax raises $64m (Jun 28, 2017 09:51 AM)
The proceeds will be used to continue Trax's innovation in providing customers with continuous and actionable in-store retail insights.

Ramat Gan approves 111-floor office high-rise (Jun 28, 2017 07:06 AM)
When completed, the building near the Diamond Exchange will be Israel's tallest, "Yediot Ahronot" reports.

Tue: Bezeq resumes slide on bear market (Jun 27, 2017 06:40 PM)
Bezeq and Teva declined while Gazit-Globe led the gains today.

Mossad sets up fund to invest in startups (Jun 27, 2017 06:27 PM)
The Libertad fund will invest in five startups each year in areas relevant to the Mossad's operations.

Adelson angry about Netanyahu-Mozes talks - report (Jun 27, 2017 05:33 PM)
The Adelsons told police they did not know about the prime minister's talks with the "Yedioth Ahronoth" publisher, Channel 2 News reports.

Adelson angry about Netanyahu-Mozes talks - report (Jun 27, 2017 05:31 PM)
The Adelsons told police they did not know about the prime minister's talks with the "Yedioth Ahronoth" publisher, Channel 2 News reports.

Treasury chief: 15% fall in home prices won't harm economy (Jun 27, 2017 04:53 PM)
Shai Babad said that it would be a problem if housing prices fall by more than 30%.

E-commerce fraud prevention co Riskified raises $33m (Jun 27, 2017 04:30 PM)
Riskified has reviewed hundreds of millions of transactions and approved billions of dollars of revenue for merchants across virtually all industries.

Yes Planet opens Zikhron Yaakov multiplex cinema (Jun 27, 2017 03:32 PM)
The new 6,000-square meter multiplex cinema has 12 screens and a VIP section.

Yes Planet opens Zikhron Yaakov multiplex cinema (Jun 27, 2017 03:27 PM)
The new 6,000-square meter movie house has 12 screens and a VIP section.

Smart home AI co TechSee raises $7.5m (Jun 27, 2017 02:07 PM)
The Israeli company also revolutionizes the customer support domain by providing the first intelligent visual support solution powered by artificial intelligence and augmented reality.

Personalized nutrition co DayTwo raises $12m (Jun 27, 2017 01:44 PM)
The company uses analysis of intestinal bacteria to design an optimal diet for each individual.

Neurological therapy co Mitoconix Bio raises $20m (Jun 27, 2017 01:17 PM)
The proceeds will be used to advance Mitoconix Bio's lead product for the treatment of Huntington's disease.

Shekel still gaining against dollar (Jun 27, 2017 01:04 PM)
The shekel-dollar rate is moving towards new three-year lows despite the widening interest rate gap between Israel and the US.

Steinitz: We'll bring large foreign cos to find gas (Jun 27, 2017 12:56 PM)
Minister of Energy: I'm convinced we'll succeed in bringing here at least three or four sizeable companies to take part in new gas tenders.

Shekel still gaining against dollar (Jun 27, 2017 12:46 PM)
The shekel-dollar rate is moving towards new three-year lows despite the widening interest rate gap between Israel and the US.

Eloxx Pharmaceuticals raises further $6m (Jun 27, 2017 12:07 PM)
Eloxx has expanded its Series C financing round to $30 million with an investment from Korean Investment Partners (KIP) and DSC Investment.  

Partner offers television for NIS 69 monthly (Jun 27, 2017 11:54 AM)
Any program can be viewed for up to two weeks after the original screening, without recording it.

Tshuva seeks to sell Phoenix shares via stock exchange (Jun 27, 2017 11:32 AM)
The move follows the cancellation of the deal to sell Delek Group's entire stake in insurance company Phoenix to Fujian Yango.

Teddy Sagi sells further block of Playtech shares (Jun 27, 2017 11:01 AM)
Sagi sold 11.5% of the shares in Playtech for £337 million.

Teddy Sagi sells further block of Playtech shares (Jun 27, 2017 10:54 AM)
Sagi sold 11.5% of the shares in Playtech for 337 million pounds.

William Hill closing Israel software operations (Jun 27, 2017 10:11 AM)
Most of the UK bookmakers 250 software employees in Tel Aviv's Azrieli Towers will be laid off.

Nimrodi to build 60-floor tower at Maariv Junction (Jun 27, 2017 09:21 AM)
The Carlebach light rail station will be located underneath the intersection.

NanoVibronix files to raise $10m on Nasdaq (Jun 26, 2017 11:17 PM)
The medical device company plans to move its headquarters to the US, while leaving production and R&D in Israel.

IAI to lead IDF computing centers project (Jun 26, 2017 11:14 PM)
Three computing centers will replace dozens of centers currently scattered all over Israel.

Bezeq loses NIS 2b market cap in 4 days (Jun 26, 2017 11:07 PM)
Rosario: The recent plunge in the share price is likely to create a buying opportunity.

Nimrodi to build 60-floor tower at Maariv Jnct (Jun 26, 2017 06:34 PM)
The Carlebach light rail station will be located underneath the intersection.

Leumi launches digital bank Pepper (Jun 26, 2017 06:29 PM)
Pepper will initially offer current accounts, and later securities and mortgages.

Mon: Bezeq bounces back (Jun 26, 2017 06:14 PM)
Bezeq led the market higher as Teva climbed again but the banks fell back.

Hagshama fund raises NIS 30m in third round (Jun 26, 2017 05:44 PM)
The money will be used for a residential project in Connecticut.

Israeli defense cos to team on foreign tenders (Jun 26, 2017 05:42 PM)
New regulations introduced by the Defense Ministry and Antitrust Authority will allow Israeli defense companies to bid together overseas.

Israeli defense cos to team on foreign tenders (Jun 26, 2017 05:28 PM)
New regulations introduced by the Defense Ministry and Antitrust Authority will allows Israeli defense companies to bid together overseas.

William Hill closing Israel software operations (Jun 26, 2017 05:14 PM)
Most of the UK bookmakers 250 software employees in Tel Aviv's Azrieli Towers will be laid off.

Delek's sale of Phoenix to Fujian Yango falls through (Jun 26, 2017 02:11 PM)
Delek Group cited difficulties in obtaining approvals from the Capital Market, Insurance and Savings Authority.

Car cyber security co Upstream Security raises $2m (Jun 26, 2017 01:59 PM)
The Israeli company leverages advanced cloud technologies, big data, and machine learning to provide OEMs and large fleets with non-intrusive defense.

Israeli V2X co Autotalks extends funding round to $40m (Jun 26, 2017 01:14 PM)
Toyota investment arm Mirai Creation Investment Fund is a new participant in the company's D round.

Did Communications Ministry chief try to help Elovitch? (Jun 26, 2017 11:58 AM)
A letter by Ministry of Communications director general Shlomo Filber backs a move that would have enabled Bezeq to pay a huge dividend.

Municipality plans makeover for main Tel Aviv artery (Jun 26, 2017 10:59 AM)
According to the plan, Begin Road will turn from a noisy, polluted highway into a tree-lined street.

GE orders 12 CT systems from Israeli co Arineta (Jun 25, 2017 08:54 PM)
These are the first commercial orders for Arineta's unique cardiac CT scanner.

Hapoalim ordered to disclose Fishman loan documents (Jun 25, 2017 08:48 PM)
Court: There is a factual basis for a derivative suit against the bank.

WeWork in talks to lease 15 floors in Tel Aviv tower (Jun 25, 2017 06:35 PM)
The deal in the 30-floor ToHa tower would be the company's biggest in Israel.

BARDA to invest $22m in Mediwound's burns treatment (Jun 25, 2017 06:31 PM)
The investment is part of a five-year $112 million agreement signed in 2015.

WeWork in talks to lease 15 floors in Tel Aviv high rise (Jun 25, 2017 06:28 PM)
The deal in the 30-floor ToHa tower would be the company's biggest in Israel.

Bezeq CEO tries to lift employees' morale (Jun 25, 2017 06:24 PM)
A huge wave is engulfing us - a foul wave full of unclear information and spin, Stella Handler said, but we will come out stronger. 

Sun: TASE rises as Bezeq continues to plunge (Jun 25, 2017 06:19 PM)
Bezeq fell sharply while Teva rose by more than 2%.

Apartments sold and rented (Jun 25, 2017 05:13 PM)
A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Ramat Gan, Gedera, and Arad.

Outbrain to lay off 4% of workforce (Jun 25, 2017 03:40 PM)
The company is concentrating on automated media commerce, instead of assistance for site editors.

May mortgage taking hits 2017 peak (Jun 25, 2017 03:06 PM)
The volume of mortgages was still 15% less than in May 2016.

Israeli startup develops innovative suitcase (Jun 25, 2017 01:59 PM)
The Samsara suitcase project achieved its target on the Kickstarter crowdfunding website in just four hours.

Yes CEO received NIS 2m bonus for Bezeq merger (Jun 25, 2017 01:50 PM)
The bonus was given before the merger, which enabled Bezeq to avoid reporting it to the TASE.

Yes CEO received NIS 2m bonus for merger with Bezeq (Jun 25, 2017 01:46 PM)
The bonus was given before the merger, which enabled Bezeq to avoid reporting it to the TASE.

Gov't to allocate NIS 280m for Israel-India cooperation (Jun 25, 2017 12:45 PM)
The new fund will increase exports to India, boost cooperation in water, agriculture and higher education, and encourage investments and tourism in Israel.

Gov't to allocate NIS 280m for Israel-India cooperation (Jun 25, 2017 12:41 PM)
The new fund will increase exports to India, boost cooperation in water, agriculture and higher education, and encourage investments and tourism in Israel.

Israeli social payments co PayKey raises $6m (Jun 25, 2017 12:09 PM)
PayKey lets people transfer money instantly using popular social networks and messaging apps such as Facebook’s Messenger, WhatsApp and Twitter.

Frutarom buys Brazilian flavors company (Jun 25, 2017 11:54 AM)
In its largest acquisition in 2017 so far, Frutarom has bought 80% of Brazilian company SDFLC for $33 million.

Leumi sees no medium term change in home prices (Jun 25, 2017 11:48 AM)
"Supply is inadequate, construction is slow, investors are fleeing, and young couples are waiting."

Frutarom buys Brazilian flavors company (Jun 25, 2017 10:22 AM)
In its largest acquisition in 2017 so far, Frutarom has bought 80% of Brazilian company SDFLC for $33 million.

Frutarom buys Brazilian flavors company (Jun 25, 2017 10:20 AM)
In its largest acquisition in 2017 so far, Frutarom has bought 80% of Brazilian company SDFLC for $33 million.

ISA questions Bezeq CEO Stella Handler (Jun 23, 2017 04:14 PM)
Handler joins Bezeq controlling shareholder Shaul Elovitch and Yes CEO Ron Eilon on the list of  those questioned in the Bezeq-Yes affair.

Bezeq leaving Tel Aviv (Jun 23, 2017 06:50 AM)
Bezeq is moving its HQ out of the Azrieli Triangle Tower and looking for a company to build new offices at Mesubim Junction.

Thu: Bezeq slips further, Kamada crashes (Jun 22, 2017 08:04 PM)
The main indices fell today, with Bezeq and Kamada the most notable decliners, but the Tel Aviv 35 still ended the week 1% ahead. 

Kamada withdraws European drug marketing request (Jun 22, 2017 07:54 PM)
The European Medicines Agency is demanding additional data that require another trial.

ISA questions Bezeq CEO Stella Handler (Jun 22, 2017 07:34 PM)
Handler joins Bezeq controlling shareholder Shaul Elovitch and Yes CEO Ran Eilon on the list of  those questioned in the Bezeq-Yes affair.

Kamada withdraws European drug marketing request (Jun 22, 2017 06:43 PM)
The European Medicines Agency is demanding additional data that require another trial.

Yes valuation dispute escalates (Jun 22, 2017 06:29 PM)
A Bezeq director tried to get Merrill Lynch to raise its valuation for Yes, in opposition to his company's interests.

Bezeq leaving Tel Aviv (Jun 22, 2017 04:07 PM)
Bezeq is moving its HQ out of the Azrieli Triangle Tower and looking for a company to build new offices Mesubim Junction.

Israel Chemicals to sell non-core assets worth $500m (Jun 22, 2017 03:27 PM)
Acting CEO Asher Grinbaum has been cutting spending and costs to deal with lower potash prices.

Herzliya Mayor withdraws city's masterplan (Jun 22, 2017 03:21 PM)
Moshe Fadlon: There wasn't enough consultation with the residents.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 01:57 PM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar, in the biggest ever TASE offering.

Herzliya Mayor withdraws city's masterplan (Jun 22, 2017 01:37 PM)
Moshe Fadlon: There wasn't enough consultation with the residents.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 01:29 PM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

Police to question Welfare Minister in IAI probe (Jun 22, 2017 01:06 PM)
Investigators in the fraud unit will question Haim Katz about the manipulation of tender for service providers.

Teva loses $235m patent trial to GSK (Jun 22, 2017 12:54 PM)
A US court dismissed Teva's claim that GlaxoSmithKline's patent for the Coreg drug was invalid.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 12:21 PM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

Diamond Exchange to set up startup incubator (Jun 22, 2017 12:00 PM)
The new center for diamond and jewelry technologies will be with a consortium including Brinks, and China's Pantheon Pacific.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 10:26 AM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 10:19 AM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

OurCrowd launches strategic network of global cos (Jun 22, 2017 09:05 AM)
25 global corporations have already signed up for the Israeli company's OurNetwork including Honda, GE, Samsung Ventures Israel, Intuit, SAP, Autodesk,and YESBank.

Rafael unveils laser based drone interception system (Jun 22, 2017 08:36 AM)
The Israeli defense company's Drone Dome uses radar and a laser beam in order to locate and destroy hostile drones.

China's Innovative Medical cancels Pluristem investment (Jun 22, 2017 07:25 AM)
Pluristem blamed Chinese foreign current regulations, but the Chinese company said it was dissatisfied with the results of due diligence.

Hot seeks to replace Fox News with i24news (Jun 22, 2017 06:28 AM)
The Knesset has passed a bill allowing Hot and Yes to broadcast Patrick Drahi-owned i24news, which is produced in Israel.

Elovitch barred from Bezeq offices (Jun 21, 2017 08:42 PM)
The Tel Aviv Magistrates Court today imposed restrictive conditions on the main suspects in the Bezeq-Elovitch affair. Yes CEO Ran Eilon is under house arrest.

Wed: Bezeq stabilizes as TASE edges up (Jun 21, 2017 06:22 PM)
Bezeq was down only slightly as Mylan led the gains on the market today.

Bar Refaeli testifies in tax assessment appeal (Jun 21, 2017 05:24 PM)
The Israeli super-model is appealing an assessment by the Israel Tax Authority, which claims she lived in Israel in 2009-2010.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:55 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:18 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:10 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Elbit, Israel Aerospace target German market (Jun 21, 2017 02:54 PM)
Israel Aerospace Industries will open a new branch in Berlin.

Court declares Eliezer Fishman bankrupt (Jun 21, 2017 02:51 PM)
Judge Eitan Orenstein has appointed Adv. Joseph Benkel trustee for Fishman's assets in the bankruptcy proceeding.

Israeli co helps Mexican gov't spy on opponents (Jun 21, 2017 02:42 PM)
The Pegasus program breaks into smartphones and eavesdrops and monitors calls, text messages, and e-mails.

El Al orders three more Boeing Dreamliners (Jun 21, 2017 12:56 PM)
The 787 will provide El Al with unmatched fuel efficiency and environmental performance.

Israeli Startup Companies and Venture Capital from Globes

Retail intelligence co Trax raises $64m (Jun 28, 2017 09:51 AM)
The proceeds will be used to continue Trax's innovation in providing customers with continuous and actionable in-store retail insights.

Mossad sets up fund to invest in startups (Jun 27, 2017 06:27 PM)
The Libertad fund will invest in five startups each year in areas relevant to the Mossad's operations.

E-commerce fraud prevention co Riskified raises $33m (Jun 27, 2017 04:30 PM)
Riskified has reviewed hundreds of millions of transactions and approved billions of dollars of revenue for merchants across virtually all industries.

Cloud-based security co Octopus raises $5.2m (Jun 27, 2017 03:44 PM)
Octopus has developed a cloud-based security platform that makes it possible to detect, prevent, and neutralize physical and cyber attacks against enterprises.

Israel's JFrog buys US DevOps co CloudMunch (Jun 27, 2017 03:24 PM)
CloudMunch is democratizing DevOps and accelerating the process with a powerful, full stack Intelligence solution.

Smart home AI co TechSee raises $7.5m (Jun 27, 2017 02:07 PM)
The Israeli company also revolutionizes the customer support domain by providing the first intelligent visual support solution powered by artificial intelligence and augmented reality.

Personalized nutrition co DayTwo raises $12m (Jun 27, 2017 01:44 PM)
The company uses analysis of intestinal bacteria to design an optimal diet for each individual.

Neurological therapy co Mitoconix Bio raises $20m (Jun 27, 2017 01:17 PM)
The proceeds will be used to advance Mitoconix Bio's lead product for the treatment of Huntington's disease.

Eloxx Pharmaceuticals raises further $6m (Jun 27, 2017 12:07 PM)
Eloxx has expanded its Series C financing round to $30 million with an investment from Korean Investment Partners (KIP) and DSC Investment.  

Researching the researchers (Jun 27, 2017 12:02 PM)
BeaconCure CEO: When the algorithm is finished, customers can decide whether we are offering them real value.

Israeli-UK fund to invest in education technologies (Jun 26, 2017 05:49 PM)
MindCET CEO Avi Warshavsky: Education is a conservative field.

Car cyber security co Upstream Security raises $2m (Jun 26, 2017 02:01 PM)
The Israeli company leverages advanced cloud technologies, big data, and machine learning to provide OEMs and large fleets with non-intrusive defense.

Israeli startup develops innovative suitcase (Jun 26, 2017 01:15 PM)
The Samsara suitcase project achieved its target on the Kickstarter crowdfunding website in just four hours.

Israeli V2X co Autotalks extends funding round to $40m (Jun 26, 2017 01:14 PM)
Toyota investment arm Mirai Creation Investment Fund is a new participant in the company's D round.

GE orders 12 CT systems from Israeli co Arineta (Jun 25, 2017 08:54 PM)
These are the first commercial orders for Arineta's unique cardiac CT scanner.

Outbrain to lay off 4% of workforce (Jun 25, 2017 03:40 PM)
The company is concentrating on automated media commerce, instead of assistance for site editors.

Israeli startup develops innovative suitcase (Jun 25, 2017 01:59 PM)
The Samsara suitcase project achieved its target on the Kickstarter crowdfunding website in just four hours.

Chinese fund MizMaa to invest $100m in Israeli startups (Jun 25, 2017 01:46 PM)
The fund, which has already invested in six startups, will invest in cyber security, auto technology, fintech, AI, cloud computing, and robotics.

Israeli social payments co PayKey raises $6m (Jun 25, 2017 12:09 PM)
PayKey lets people transfer money instantly using popular social networks and messaging apps such as Facebook’s Messenger, WhatsApp and Twitter.

Diamond Exchange to set up startup incubator (Jun 22, 2017 12:00 PM)
The new center for diamond and jewelry technologies will be with a consortium including Brinks, and China's Pantheon Pacific.

OurCrowd launches strategic network of global cos (Jun 22, 2017 09:05 AM)
25 global corporations have already signed up for the Israeli company's OurNetwork including Honda, GE, Samsung Ventures Israel, Intuit, SAP, Autodesk,and YESBank.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:55 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:18 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Women dominate Israel's life science industry (Jun 21, 2017 01:09 PM)
70% of employees are women says the Nisha placement company. Salaries are generous but not as high as in IT.

SoftBank invests $100m in Israeli co Cybereason (Jun 21, 2017 09:43 AM)
Cybereason’s proprietary, automated SaaS cybersecurity technology and advanced monitoring services have protected hundreds of Fortune 1000 companies.

Art Medical seeks to make hospitals safer (Jun 12, 2017 02:19 PM)
The company has developed a solution designed to reduce mortality among patients on respirators and fed through tubes. It has just raised $20 million.

"8200 graduates aren't like 23 year-olds in Texas or Norway" (Jun 5, 2017 07:10 PM)
Team8 CEO and former Unit 8200 commander Brig. Gen. (res.) Nadav Zafrir explains how much Israeli high tech owes to the army's technological units.


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