In the period of Israel's high-tech bubble, great amounts of easy, available money streamed into the industry and inflated it. After over two years of crisis, the money in the companies' coffers is starting to run out – and the price is painful.

A review by TheMarker indicates that a string of Israeli startups have shut down or significantly reduced their activity in the past year, with the trend being even more pronounced in recent months. Their common denominator is that their last significant funding round was in 2021 – the height of the high-tech bubble.

Some of these companies folded after the money ran out and they were unable to start a new round. In some cases, entrepreneurs report, the war in Gaza was another key cause of problems.

"It's directly tied to the war," says Kula. "Foreign investors disappeared, and those who wanted to work together said it wasn't the time. Investors in Israel who had expressed interest also decided to pull out. That's the situation in other companies, too. It's very hard to raise money, even small amounts. It's related to the decline in investments worldwide as well as with the economic and political uncertainty in Israel."

One of the largest GDPR fines ever imposed.

Walmart is recalling the Great Value brand of apple juice made by Refresco and sold across the US.

Walmart has recalled nearly 10,000 cases of apple juice sold in stores across the US that were found to contain potentially harmful levels of inorganic arsenic.

AG: Landlords use RealPage algorithm "to align their rents."

cross-posted from: https://lemmy.world/post/18958612

Source Nikkei article

cross-posted from: https://lemmy.world/post/18915848

DALLAS — American Airlines (AA) has decided to cancel all flights to and from Israel until April 2025 due to escalating regional tensions, particularly concerning Israel's ongoing military operations in the Gaza Strip.

According to the Israeli public broadcaster KAN, AA has extended its suspension of flights to Tel Aviv’s Ben Gurion Airport (TLV) until next April. However, the airline has not disclosed specific reasons for this long-term suspension.

cross-posted from: https://lemmy.world/post/18789701

So I posted this but I’m guessing people can’t think outside of the box and or connect idea together very well. Though here’s a deeper detail and apparently to the moderator they couldn’t see how my last post was related to business. Then I’m guessing many people are missing what this actually means.

Original post

“In a world where life has shifted from the age of knights and mystical adventures to a different era, the essence of creating meaningful stories and legacies remains unchanged. The key lies in channeling deep and relentless passion into what you do. By dedicating yourself fully and pursuing innovation, you create work that resonates and stands out. It’s about crafting narratives and achievements that leave a lasting impact, inspiring others and contributing to a legacy of excellence and creativity.”

Well; it’s saying become innovative the times of legacies and quest aren’t over just evolved.

Passion and Dedication

Just in the stories I’ve mentioned of knights and dragons. They had relentless passion and dedication. Now let’s all say this together. To start a business or be an entrepreneur requires passion and dedication unwavering am I wrong?

Innovation and Legacy

When talking about creating a legacy a lasting impact just as these knights have. We look at companies pushing the boundaries of what I know and accepted and create someone an innovation wonder. Leaving a mark on history a legacy to be added onto. The most successful businesses are those that evolve with the time similar to how knights or adventurers faced new challenges and adapted.

Crafting Narratives: In business, storytelling is a powerful tool. Whether it’s telling the story of a product, service, or brand, crafting a narrative that resonates with people helps to create a connection. This connection can build loyalty, inspire customers, and help a business grow.