Business
Warren Buffett steps down as Berkshire chair, becomes chairman emeritus
Howard Buffett will chair the $1 trillion conglomerate as his father remains on its board in an advisory role.
Is AI the end, or the means to the end? - opinion
Israeli AI English-learning startup Loora raises $22m. in Series B
Not ending at NIS 18m.: Additional fine for Central Bottling Company
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.
Seph Fontane Pennock: The serial entrepreneur who turned patient frustration into regenerated
Tiv Taam establishes a robotic fulfillment system for its online operations
The food group is establishing an advanced robot system using AutoStore technology at its logistics center in Rishon Lezion, which is expected to triple the order pace.
