Ipo
US gaming company sues Israeli game developer who claims no connection to company's failure
The American gaming company has sued the Israeli game developer for millions, claiming that the use of bots harmed its revenues. Papaya responds: we have no connection to Skillz’s business failure.
SpaceX acquires xAI for $250 billions, positioning itself for potential IPO worth $1.5 trillion
OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation
Thoma Bravo in talks to buy Israeli cybersecurity firm Armis at $5b. valuation
Israel Philharmonic releases film detailing its origins - watch
The Orchestra’s opening concert was conducted by Arturo Toscanini, the greatest conductor of his time, in Tel Aviv on December 26, 1936.
2021 set to be a huge year for Israeli IPOs
Several factors have come together that make the current environment better than ever for public stock offerings.
Despite coronavirus, 2020 was a record year for Israeli tech exits
Israeli IPOs and acquisition deals of technology firms soared by 55% to a whopping $15.4 billion in 2020, as the average deal size more than tripled.
Israeli insurance start-up Lemonade files for US IPO
The company intends to list its shares on the New York Stock Exchange under the symbol “LMND”, it said in a filing with the U.S. Securities and Exchange Commission.
Israeli hi-tech exits surge to decade high of $21.7b. in 2019
The past year represented the most prolific year for venture capital funds to date
Fitch downgrades WeWork's credit rating after aborted IPO
WeWork, whose parent We Company lost $1.9 billion in 2018, had hoped to raise at least $3 billion in the abandoned IPO and borrow a further $6 billion in a loan from banks.
WeWork CEO Adam Neumann steps down amid company’s major drop in value
The company was valued at the beginning of the year at $47 billion, but that figure has fallen to about $15 billion.
Israeli Fiverr stock spikes 90% on first day on the NYSE
As the day wore on, it was clear that stocks and share prices were on the rise with share sales closing on Thursday at $39.90.