Invest in Israel: The February Newsletter
Today I received the latest newsletter provided by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor. Below is the full newsletter, for your reference.
ISRAELI ECONOMY GREW BY 6.4% IN Q4 2007
Despite global slowdown, Israel’s economic growth accelerated to an annualized 6.4 percent in the fourth quarter, [...]
eBay’s Paypal acquires Israel’s Fraud Sciences for $169 million, 12 times the return for investors
In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash.
Fraud Sciences is has developed online risk management tools over the course of five years, creating propitiatory technology that identifies fraudulent transactions [...]
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About VC Cafe
VC Café covers early stage startups, innovative technologies and venture capital news with a spotlight on Israel. Started in 2005 by Eze Vidra, VC Café has been featured on the Wall Street Journal and ranked as one of the top 100 VC blogs.
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