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Groupon buys into Israeli market

American grouped purchases giant Groupon has acquired the Israeli coupon website, Grouper, in a multi-million dollar deal. Local media reports estimated the deal at $8- 15 million. And that’s an impressive feat for Grouper, considering the Israeli social shopping company …

Israeli confidence levels hit 10-year high

Israelis are feeling good. According to a new report on social confidence put out by the Taub Center for Social Policy Studies, Israeli society is feeling more socially and economically stable than in years past. In fact, the Taub Center …

Panama children get gift of life from Israeli charity

Photo by Sheila Shalhevet, SACH Israel Migdalia, with her mother, Rosa, after undergoing successful heart surgery at Wolfson Medical Center in Israel. Panamanian toddlers Jeremi and Migdalia have been given a new lease of life after successful heart surgery in …

GM inks $5m deal with Israel’s Powermat

Thanks to a new deal between American car manufacturer General Motors and Israeli company Powermat, charging your digital gadgets while driving could soon become the norm. GM Ventures, the American company’s venture capital subsidiary, said it will invest $5 million …

ZAKA launches firefighting ATV unit

Photo by ZAKA New ZAKA Firefighting ATVs are equipped with special 50 liter pulse water guns. The ZAKA Rescue and Recovery organization recently launched a new firefighting unit, established in memory of the 44 victims of last month’s Carmel Forest …

Israel wins at world debating championships

Photo by Anat Zeidenberg/Haifa University Haifa students Michael Shapiro and Meir Yarom celebrate their win at the Worlds debating championship. Two Haifa students took first place in the English as a Second Language (ESL) division of the World Universities Debate …

Disney invests in Haifa entertainment complex

The city of Haifa is already on the tourist map of Israel, but now it’s likely to get an even bigger chunk of the market with its new Disney-style theme park. The Walt Disney Company investment arm Shamrock Holdings and …

Can Quantum Mechanics cure the flu?

Three physicists – one from the from the Hebrew University of Jerusalem and two others from Michigan State University- say the Quantum Mechanics theory may hold the cure for the common cold. In a report released by the Hebrew University …

World’s oldest human remains in Israel

Eight ancient teeth dating back 400,000 years, found in a cave in Israel, could now rewrite the history of modern man. Prof. Avi Gopher and Dr. Ran Barkai of Tel Aviv University’s Department of Archeology made the finds while digging …