Tova Cohen

Nov 29, 2024 | usaherald.com | Tova Cohen |Ari Rabinovitch

By Tova Cohen and Ari RabinovitchJERUSALEM (Reuters) – U.S. chipmaker Intel <INTC.O> agreed to buy driverless car-technology firm Mobileye <MBLY.N> for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54-per-share cash deal marks the largest purchase of a company solely focused on the self-driving sector.

Apr 13, 2023 | infodig.com.ng | Tova Cohen |Steven Scheer

TEL AVIV (Reuters) – U.S.-Israeli startup Curv, which provides security infrastructure for digital assets, said on Wednesday it raised $23 million in an early-stage funding round. It received investments from CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8 and Digital Garage Lab Fund. The investment will be used to fund the company’s international growth, for new solutions, product innovations, and hiring of new employees.

Mar 20, 2023 | infodig.com.ng | Ari Rabinovitch |Tova Cohen |Timothy Heritage |Giles Elgood

TEL AVIV (Reuters) – Israel, a leading provider of hacking and surveillance tools known as cyber weapons, or spyware, is easing requirements on selling the technology abroad. * Global demand for offensive cyber systems is expected to rise 39% by 2027 to $9.7 billion, according to defense research group Market Forecast, which identified companies in the United States, Israel and the European Union as dominating the market.

Mar 16, 2023 | infodig.com.ng | Tova Cohen |Steven Scheer |Kirsten Donovan

TEL AVIV (Reuters) – Online payment company PayU, a subsidiary of Naspers NPNJn.J, said on Monday it agreed to acquire Israeli payment technology provider Zooz to support its expansion in high-growth markets. PayU’s statement, which confirmed an earlier report by Israeli news website Calcalist, did not disclose the size of the acquisition but said it brings its total investments and acquisitions in financial technology to more than $350 million since 2016.