Posts Tagged: Calcalist
Hippo Insurance Lays Off 70 Employees, Cutting 10% of Workforce
CTech - Israeli-founded insurtech company Hippo has announced that it has laid off 70 employees, which represents approximately 10% of the company’s workforce. The company...
Israeli Taxi-Hailing Firm Gett Raises $80 Million From VW, Others
Israel-based ride hailing app Gett has raised $80 million in a funding round that values the company at $1.4 billion, it said on Thursday. All of...
Survey: Israeli Mobile App Use Ranks Highest in the World
Israelis love using their cellular applications, according to a new survey taken by Meidata on behalf of Export Institute, Israeli business website Calcalist reported Wednesday. At...
Palestinian Telecom Entrepreneur Pays $10.5 Million for Israel’s Alvarion
Israeli hi-tech district. Hani Alami, a Palestinian entrepreneur, has purchased Alvarion, a once-promising Israeli telecommunications company, for NIS 38 million...
Apple in Talks to Buy Israel’s PrimeSense for $280 Million
American tech giant Apple is in talks to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million,...
McDonald’s, ‘Bringing Politics Into Business,’ Boycotts Ariel
JNS.org - McDonald's Israel has said it will not open a branch in the city of Ariel, citing its location beyond the Green Line...
Report: Qatari Royal to Visit Israel in November
Qatar's Prince Khalifa Al-Thani, a member of the royal family of Qatar, is expected to visit Israel this November, Israeli website Calcalist reports. His visit...
Plaza Hotel Sold By Israeli Billionaire For $400 Million
Yitzchak Tshuva's Elad Group recently sold a 60% stake of the Plaza Hotel in Manhattan for nearly $400 million to the Sahara India Pariward conglomerate...