Category: Business

This has been a dramatic week on the Israeli judicial front. Major amendments passed their first readings in the Knesset. First, it is proposed to prohibit judicial review of the reasonableness of government decisions. Second, it is proposed to abolish the Israel Bar Association. How will this impact the Israeli business scene? We briefly review […]

A Stability AI co-founder on Thursday sued the artificial- intelligence startup and its chief executive, claiming they defrauded him into selling his 15% stake for $100 just three months before the company reached a $1 billion market valuation. In a complaint filed in San Francisco federal court, Cyrus Hodes said CEO and co-founder Emad Mostaque […]

Like a plot from the anthology television series “Black Mirror,” the Screen Actors Guild says it is battling the studios for control over the digital replicas of performers that could be used “for the rest of eternity.” The studios counter that they have offered groundbreaking protections from misuse of images. Artificial intelligence has become a […]

The N7 Initiative is pushing for a regional free agreement between Israel and its Arab neighbors, starting with a trilateral one with the United Arab Emirates and Bahrain. “Israel of course has entered into multiple bilateral trade agreements with countries in the region,” said William F. Wechsler. He is the senior director of the N7 […]

UBQ Materials, an Israeli climate tech developer, was awarded the Plug and Play Sustainability Award for its work with Maxion, an automotive supplier, to create returnable plastic pallets and separators using UBQ, an innovative climate-positive material derived from unsorted and unrecyclable household waste. The material offers a sustainable alternative to oil-based resins, significantly reducing the […]

Israeli start-up Electreon is set to install an electric stretch of road that will charge passing electric vehicles in France, following its victory in a public tender. Together with European toll road operator VINCI, Electreon’s Wireless Electric Road System (ERS) will be built into a section of the A10 highway, South West of Paris.  Electreon […]

According to a new report by the UN Global Crisis Response Group, entitled A World of Debt, a total of 52 countries – almost 40 per cent of the developing world – are in “serious debt trouble”, Mr. Guterres said, backing calls for them to receive urgent fiscal relief. Last year global public debt reached a record […]

New social media network Threads, which launched July 5, continues to break records and cause a global storm as the number of users continues to rise, standing at around one hundred million worldwide.  However, as numbers continue to rise, those living in the European Union have been left out in the cold as various regulatory […]

Worldline is back with the 5th edition of the ​e-Payments Challenge, a collaborative and immersive hackathon experience. The Worldline e-Payments Challenge 2023 will span a six-month hybrid journey, combining onsite and online experiences for all participants. Fintech startups will have the chance to explore cutting-edge topics and tackle real-life challenges from Worldline partners. They will […]

The developer who leased a large portion of the Armenian Quarter has presented to the Jerusalem Municipality a concept for a luxury hotel complex that would encompass 10 to 20% of Armenian land with the potential to tack on “adjacent” properties during the duration of the lease. For more stories from The Media Line go […]