More than 1/4 of all music streamed in…

Hip-hop’s domination of the modern American music streaming business is reaching new heights. ‘Hip-hop/Rap’ tracks accounted for more than a quarter of all on-demand plays on music streaming services in the US last year, according…

Merck Mercuriadis buys again, as Hipgnosis snaps up…

Hipgnosis Songs Fund Limited, the publicly-traded UK company set up by veteran artist manager Merck Mercuriadis, has acquired another catalog from a songwriter. This time, it’s the repertoire of multiple Grammy winner Giorgio Tuinfort, who has…

Aaron Frenkel buys 13% Aeronautics stake

Israeli real estate and aviation entrepreneur Aaron Frenkel has bought a 13.3% stake in Israeli drone manufacturer Aeronautics Ltd. (TASE:ARCS) including the 5.5% stake sold by The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5). Frenkel paid NIS…

Israels population 8.972m on eve of 2019

Israel's population grew 2% in 2018, the Central Bureau of Statistics reports. On 31 December 2018, the population of Israel is estimated at 8.972 million, the Central Bureau of Statistics reports. Of this number, 6.668…

Price determines destination for Israeli tourists

Overseas flights have become a regular part of many Israelis' lives in recent years, rather than a once-a-year event. Israelis made over 8.5 million Israelis trips overseas in 2018. They chose destination they heard about…

Africa-Israel settlement on verge of collapse

The second bond settlement for Africa-Israel Investments (TASE: AFIL) is on the verge of breaking down after the mediation between the company's bondholders and investor Moti Ben-Moshe reached a dead end. The two sides moved…

Cannabis smart inhaler co Syqe Medical raises $50m

Israeli startup Syqe Medical, which develops and markets inhalers for administering precise dosages of medical cannabis, has raised $50 million, the largest financing round ever by an Israeli cannabis company. Syque founder and CEO Perry…