25 May 2022
Warner Music launches in Israel
Warner Music Israel will market and promote WMG’s international star artists as well as local stars like Noga Erez and Noa Kirel.
Amdocs buys UK SaaS co MYCOM OSI for $188m
The Israeli IT solutions company said that the acquisition would expand its portfolio with comprehensive solutions for managing and optimizing network resources and the services on it.
Strauss Group's Q1 profit plunges 79%
Salmonella outbreaks in Israel and the US hit the food company hard. CEO Giora Bardea: The resilience of our brands, finances and people will enable us to return to growth in the near term.
24 May 2022
Elbit Systems dips as profit disappoints
Stock-based compensation cut into the defense company's bottom line. CEO Bezhalel Machlis: Elbit is well positioned to benefit from acceleration in defense budget growth.
23 May 2022
eToro SPAC merger likely to be canceled
The Israeli online trading platform could raise up to $690 million in a private financing round, probably at well below the $8.8 billion valuation of the planned merger.
BeyondMinds shuts down, lays off 65
The Israeli enterprise AI solutions startup is closing after advanced talks to sell the company to a tech giant broke down, CEO Roey Mechrez told "Globes."