A conference specifically aimed at linking up hot new Israeli start-up firms with American investors is kicking off in New York this week, with high-profile industry leaders expected to attend.
Remnants from a 2,300 year old village have been located by the Burma Road, a main route on the way to Jerusalem. Dating back to the Second Temple era, this rural town was first uncovered six months ago during the construction of a gas pipe line and has been under excavation ever since.
Rakuten Inc., a large e-commerce commerce operation in Japan, said last Friday that they intend to buy the instant messaging app provider Viber Media Ltd, a privately-held Israeli company, for 900 million dollars, in an effort to tap the company's growing business in emerging markets.
As a fierce competitor with SodaStream International Ltd., the Coca-Cola Company has sought to acquire 10 percent of Green Mountain Coffee Roasters Inc. for $1.25 billion.
Earlier this year, it was reported that government officials from India and Israel are in talks to launch a venture fund that seeks to invest $40 million. The money will fund the participation of Israeli companies in large scale India-led projects.
An ancient Hebrew engraving on a 3,000 year old artifact that was discovered back in July. This vessel, a clay jug, is deemed to be the most ancient artifact with the oldest inscriptions to have ever been uncovered in Jerusalem.
Israel waits on the brink of war as U.S. President Barack Obama’s decision to strike Syria remains inconclusive. On August 21, Syria attacked its own citizens using chemical weapons, shocking and infuriating nations around the world.
Last week’s deal whereby Google acquired the Israeli mapping company Waze for $1 billion in cash was big news in the tech industry. Although $1 billion is certainly a lot of money, it still isn’t the largest exit of an Israeli company in the high-tech space. That honor goes to last year’s deal between Cisco Systems and NDS. Cisco shelled out an astounding $5 billion to buy this Israeli-founded firm and integrate its products and intellectual property into their company.
