Business
Meta's Zuckerberg says AI agent tech progressing slower than expected
Meta is projected to spend as much as $145 billion on AI infrastructure this year, yet the company's bets on AI agents "haven't come to fruition yet"
Tel Aviv’s Shuk Olim brings out dozens of immigrant entrepreneurs to showcase goods
Wet wipes company sold for NIS 178 million
Why AI is raising the bar for business credibility, not lowering it
From two construction families in Even Yehuda to leading real estate group: Shponder & Fadlon story
From family firms of Herzl Fadlon and Yehoshua Shponder in the 1970s to a Israel real estate group focused on development execution and urban renewal across Israel with large-scale portfolio.
The businesses that will make a killing in the World Cup, and those that will take a hit
The late broadcasting hours of the current tournament are going to keep you at home, punish the bars, and inflate the pockets of one specific industry.
Record sale for a women's basketball team: Connecticut Sun sold for $300 million
Huge deal in the WNBA: The Fertitta family, owners of the Houston Rockets, purchased the team for the highest amount in league history.
Intel, Startup Nation Central name three Israeli start-ups as Edge AI Tech Challenge winners
Taking first place was Secondly, a startup founded by serial entrepreneur Adam Cohen Hillel, which is developing an AI assistant designed to maintain long-term memory of a user's preferences.
Former Austrian chancellor Kurz's Dream hits $3b. valuation in AI funding round
Dream raised $260 million in a new funding round, bringing its valuation to $3 billion and total capital raised to $412 million as governments race to control their own AI systems.
Why do businesspeople buy sports teams?
From sophisticated tax benefits, through a shortcut to regulators, to critical real estate engines – the hidden premiums of the football and basketball world.
SailPoint acquires Israeli startup Entro for approximately $200 million
The Tel Aviv–based company, a leader in non-human identity (NHI) security, will assist the American giant in sealing security breaches in the era of autonomous agents.
GMT is acquired by Western Union for NIS 200 million
The Ramat Hachayal–based fintech company, which employs approximately 100 workers, is being acquired by Western Union in a transaction valued at approximately NIS 200 million.
Israeli supermarket chain made NIS 99m. from Gaza sales in one quarter
The list of companies that sell goods to the Gaza Strip is not publicly available but any approved business in the Gaza Strip that meets the criteria of COGAT is allowed to buy from Israeli suppliers
El Al signs codeshare deal with Latvian flag carrier airBaltic, expanding northern European network
El Al has signed a new codeshare agreement with airBaltic, expanding access to European destinations via Riga starting July 1.
