Israeli Consumers Prefer ONLINE Media

In a survey released this week by Google and BCG, among the 11 countries surveyed, Israelis ascribed the most value to their online media. The value that Israeli consumers attach to online media suggests that business models will need to rapidly adapt to this new environment. Continue Reading

2012 – The Year in Apps

Nearly 100,000 new developers created applications this year for the App Store, which rakes in 4x more revenue than Google Play. With the number of App Store applications now topping 1 million, application discovery platform Appsfire has released a fascinating end of year infographic about the App Store. Continue Reading

Waze Raises $30M to Expand into China

Waze, the social GPS and traffic app, has raised a fresh $30 million from Li Ka-shing’s Horizon Ventures, and Kleiner Perkins Caufield & Byers’ iFund and Digital Growth Fund. This brings their total funding to over $57 million. Waze is headquartered in Israel but has another main office in Palo Alto. Continue Reading