Business

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Apple buys RealFace, fourth Israeli acquisition

02/23/2017 9:47 AM Updated: 2 days ago

(Israel 21C) U.S. tech giant Apple has bought Israeli startup RealFace Technology, a leading developer of facial recognition technology, Calcalist reported on Sunday. RealFace’s online presence

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A look at Israel’s suddenly booming Kosher savings industry

02/22/2017 3:45 PM

Israel has a new law just taking effect this year which grants 50 shekels a month to every Israeli child for savings. That’s not much money,

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Mark Zuckerberg’s lengthy Facebook letter proves he’d a Clinton-esque politician

02/19/2017 1:03 PM Updated: 6 days ago

Mark Zuckerberg posted an open letter on Facebook, the social network he created and now serves as C.E.O., which responds to some of the recent controversies

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While Time Warner waits for merger OK, Jared Kushner meets with execs to blast CNN coverage

02/17/2017 12:07 PM

The Wall Street Journal reports today that Jared Kushner, Donald Trump’s son-in-law and White House adviser, met with Time Warner executives to blast CNN, the news

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Even Goldman Sachs opposes Trump’s travel ban

01/30/2017 2:46 PM Updated: 3 weeks ago

President Donald Trump’s administration is bursting with former Goldman Sachs employees, with many of his appointees having worked at the mega-bank in the past, including Steven Mnuchin

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After backing Clinton, Google CEO Eric Schmidt jumps on Team Trump

01/18/2017 1:25 PM

Eric Schmidt, the executive chairman of Google parent company Alphabet Inc and a backer of Hillary Clinton, may be courting Republicans ahead of Donald Trump’s presidency.

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Amazon employee fired after sending Hitler message to Jewish customer

01/16/2017 12:17 PM Updated: 1 month ago

A note to a Jewish customer reading “greetings from Adolf Hitler” has led to the firing of an Amazon employee, the Daily Mail reported Monday.  The

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Watch how George Soros lost $1 billion when Trump won

01/12/2017 4:09 PM Updated: 1 month ago
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Art dynasty heir Wildenstein cleared of tax fraud in Paris

01/12/2017 3:32 PM Updated: 1 month ago

Paris (AFP) – The Franco-American patriarch of the Wildenstein art-dealing dynasty was cleared Thursday by a Paris court of massive tax fraud, in a long-running saga

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US job gains slow in December, while November added more jobs than expected

01/06/2017 10:03 AM Updated: 1 month ago

Washington (AFP) – Job growth in the world’s largest economy slowed in the final month of 2016 and the already-low unemployment rate rose marginally, the Labor

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Wait, is Mark Zuckerberg actually saying he’s Jewish?

01/02/2017 2:28 PM Updated: 1 month ago

On December 25th, Facebook CEO Mark Zuckerberg posted a rather innocuous holiday greeting on his wall, wishing his followers “Merry Christmas and Happy Hanukkah.” This led

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US fines Israeli drugmaker $519 million for foreign bribes

12/23/2016 10:03 AM Updated: 2 months ago

New York (AFP) – Israeli generic drug giant Teva will pay $519 million to settle charges that it paid bribes to foreign officials to win business

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Trump-adviser Carl Icahn: “I sort of believe that you need a rule of law”

12/23/2016 9:33 AM Updated: 2 months ago

  Washington (AFP) – Carl Icahn, a newly named adviser to President-elect Donald Trump, said Thursday that burdensome US regulations were hindering free enterprise, and oil

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Google eyes fix after snafu on Holocaust denial

12/22/2016 2:33 PM Updated: 2 months ago

Washington (AFP) – Google said Tuesday it was working to refine its algorithm to weed out “non-authoritative” information after a British news report showed a Holocaust

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Reports: Jared Kushner trying to sell Observer to Trump-friendly tabloid

12/22/2016 12:53 PM

  Alexandra Steigrad with Women’s Wear Daily reported yesterday that President-elect Donald Trump’s key adviser and son-in-law Jared Kushner is attempting to sell Observer Media, publisher

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Who benefits from Trump stock rally and for how long?

12/19/2016 7:03 AM Updated: 2 months ago

  New York (AFP) – As the Dow nears 20,000 amid a Trump rally, longtime financial insiders see a difference compared with prior Wall Street landmarks:

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CM Greenfield brings housing expertise to Israel

12/16/2016 12:43 PM Updated: 2 months ago

  David Greenfield represents Midwood, Borough Park and Bensonhurst in the New York City Council, but this past week found him very far away from the 44th

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Facebook will let users report fake news

12/16/2016 12:03 PM Updated: 2 months ago

  Washington (AFP) – Facebook on Thursday unveiled a tool that allows users to report fake news, a move aimed at stemming a wave of misinformation

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Amazon completes its first drone delivery

12/15/2016 7:03 AM Updated: 2 months ago

Washington (AFP) – Amazon said Wednesday it completed its first delivery by drone, in what the global online giant hopes will become a trend in automated

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Fed raises key interest rate, as expected

12/14/2016 2:33 PM Updated: 2 months ago

  Washington (AFP) – The US Federal Reserve on Wednesday raised the benchmark interest rate by a quarter percentage point as expected, citing an improving economy,