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Snapchat stocks falls 40% after profit warning issued
Snap shares were trading at $13.3, lower than their 2017 IPO price of $17.
Tech & Start Ups
Israel and Morocco are tightening their business relationship
The two nations are focusing on collaborating in the innovation space following their normalization.
By ZACHY HENNESSEY
23/05/2022
WhatsApp to stop supporting old iPhone OS - time to upgrade
Famed text messaging application WhatsApp notifies it will stop support for old versions of iPhone OS from October 2022.
By Yinon Ben Shushan/Walla!
22/05/2022
SavorEat Robot Chef's plant-based burger, as you like it
SavorEat leverages the Internet of Things and cloud systems, digital manufacturing and artificial intelligence to customize plant-based patties based on consumer preferences.
By ARIEL SHAPIRA
22/05/2022
Banking & Finance
Bank Hapoalim reports strong first quarter of 2022
The bank's net profit totaled NIS 1.654 billion, and its return on equity (ROE) for the quarter stood at 15.6%.
By JERUSALEM POST STAFF
24/05/2022
Bank of Israel hikes interest rate to 0.75%, second increase in two months
The interest rate was raised from 0.1% to 0.35% last month in an attempt to stabilize Israel's economy.
By JERUSALEM POST STAFF
23/05/2022
Credit Suisse CIO says not to panic as stock market swings
"As unnerving as the sharp ups and downs may be, investors should not sell into the market lows in a panic," Strobaek said.
By ZACHY HENNESSEY
22/05/2022
Market Data
Currency
by TradingView
Opinion
If Elon Musk’s Twitter plan falls through, it wouldn’t be the first time
Elon Musk, the erial entrepreneur, controversy-stirring celebrity, terminally online gadfly and the richest man in the world abruptly tapping the brakes on the $44-billion Twitter acquisition
The path to autonomous vehicles in Israel - comment
Israel will only reap the benefits of the new legislation if the regulators can demonstrate their professionalism and efficiency on an ongoing basis.
It’s time for the fourth technological revolution: AI - opinion
The regulation of AI technologies presents a further challenge, particularly in highly regulated industries such as digital healthcare and finance
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Energy & Infrastructure
Mekorot named as one of world’s top water companies
Mekorot recently signed agreements to develop Azerbaijan’s water sector, to plan Bahrain’s water sector and to double the water supply to Jordan.
By JERUSALEM POST STAFF
24/05/2022
URBAN-X joins forces with JVP on climate and livable cities
New partnership between MINI and JVP to accelerate the next phase of URBAN-X and support high-impact startups from around the world.
By JERUSALEM POST STAFF
24/05/2022
Real Estate
Angolan government and Mitrelli group’s Haim Taib inaugurate project to house 20,000 people
Innovative model focusing on community building is designed to be replicated across the continent and beyond.
By JERUSALEM POST STAFF
18/05/2022
Three-billion-dollar life science real estate fundraise sets record
“We look forward to putting these resources to work in support of the next generation of critical discoveries,” said Dan Belldegrun, Breakthrough Properties CEO.
By ZACHY HENNESSEY
01/05/2022
News Updates
BBB, Make-A-Wish team up
US to sell up to 40.1 mln bbls crude oil from SPR
US bank profits dip as loan loss provisions jump in response to global uncertainty - FDIC
EU set to clear without conditions $28.3 bln Oracle, Cerner deal - report
German-Israeli 'Tel Aviv Air' goes bankrupt after one year
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