Israel has modified its tax policy to ensure that digital multinationals, including Google and Facebook, operating in the country are now required to pay value-added tax of 17%, reports Bloomberg….
Tel Aviv-based business newspaper Calcalist today reported that Microsoft is set to buy the Israel-based cyber security company Adallom for $320 million. The newspaper added that Adallom is expected to form…
Apple has acquired Israel-based motion technology company PrimeSense for an undisclosed sum. PrimeSense spokeswoman Kayla Egbert confirmed the deal, but says the company isn’t revealing additional details. Founded in 2005,…
GSMIsrael, an Israeli tech website, has published a video of what they are saying is a mockup of the iPhone 5. Reportedly, the mockup was produced by a major case…