Alan Gallindoss

2 weeks ago | jewishbusinessnews.com | Alan Gallindoss

Former WeWork CEO Adam Neumann has successfully raised over $100 million for his proptech startup, Flow, in a new funding round that values the company at approximately $2.5 billion, according to a report by Bloomberg. Sources familiar with the deal told Bloomberg that leading venture capital firm Andreessen Horowitz (a16z), an existing backer, participated in the latest round of financing.

3 weeks ago | jewishbusinessnews.com | Alan Gallindoss

The Israel Defense Forces (IDF) has completed its internal investigation into the recent incident in Gaza, where IDF fire mistakenly targeted rescue teams and vehicles. The investigation was led by the General Staff Fact-Finding Mechanism, under the direction of Maj. Gen. (res.) Yoav Har-Even, and findings were formally presented to IDF Chief of the General Staff, Lt. Gen. Eyal Zamir.

4 weeks ago | jewishbusinessnews.com | Alan Gallindoss

Meta CEO Mark Zuckerberg testified in U.S. District Court this week, acknowledging that Facebook acquired Instagram in 2012 because its in-app camera technology outperformed Facebook’s own. The revelation came during a high-stakes antitrust trial in Washington, D.C., where the Federal Trade Commission (FTC) is challenging Meta’s past acquisitions.

1 month ago | jewishbusinessnews.com | Alan Gallindoss

Safe Superintelligence (SSI), the secretive AI startup and super unicorn launched by former OpenAI chief scientist Ilya Sutskever, has secured a massive $2 billion funding round—catapulting its valuation to an astonishing $32 billion. Remarkably, the company has yet to release any public-facing product or service, signaling strong investor confidence in its vision for safe and scalable artificial intelligence.

1 month ago | jewishbusinessnews.com | Alan Gallindoss

Fitch Ratings has affirmed Israel’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’, maintaining a Negative Outlook. The decision reflects ongoing economic and geopolitical challenges that could impact Israel’s financial stability. This comes after Fitch downgraded Israel’s rating last August. Despite global uncertainties, Israel’s economy remains resilient, supported by strong fiscal policies, a robust tech sector, and steady foreign investment.