Apple Overview
Apple Inc designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players, as well asa variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Apple's Israeli R&D centers in Haifa and Hertliyza currently employ 2,000 people. In addition to tools for the M chips, processors that are being designed to replace Intel chips in Mac computers, the Israeli development centers are responsible for Apple's internal identification technology, wireless technology for Apple watches, and data storage management technology for all the company's products. Additional R&D center is expected to open in in Jerusalem, Aple's Jerusalem development center will focus on hardware, and chip development as part of the processor development project for Mac computers.
Latest News
growth-positive
Latest News In Cloud AI - Cloud Security Transformed by AI-Driven Innovations
Check Point Software Technologies Ltd. has partnered with Wiz to launch a global integrated cloud security solution. This collaboration combines Check Points cloud network security with Wizs Cloud-Native Application Protection Platform (CNAPP), aiming to enhance cloud security through real-time visibility and AI-powered prevention capabilities. The partnership focuses on proactive threat prevention and automating risk assessment and remediation processes, marking a significant advancement in cloud security. The integration of AI is highlighted as a key factor in safeguarding digital environments. This strategic initiative is expected to drive growth for Check Point amidst analyst uncertainty.
Partners
UK considers cutting visa fees for highly skilled as US hikes H-1B prices
The UK government is considering abolishing visa fees for leading scientists, academics, and digital experts to stimulate economic growth. This proposal comes as a response to the US imposing a $100,000 fee on new H-1B visas, a move seen as anti-growth. The UK’s global talent visa, introduced in 2020, targets internationally recognized leaders in various fields and currently costs £766 per applicant. The number of these visas granted rose by 76% by June 2023. The US policy shift has provided momentum for UK advocates pushing for visa reform, aiming to boost growth ahead of the November 26 budget.
growth-positive
Latest News In Cloud AI - AI-Powered Security Boosts Cloud Protection in New Partnership
Radware has entered into a Managed Security Service Provider (MSSP) agreement with EPIC Cloud Company to enhance cloud application security using AI-powered solutions. This partnership allows EPIC Cloud to integrate Radware’s advanced security services, including web application firewalls, bot management, API protection, and DDoS mitigation, into their offerings. This collaboration highlights a trend of leveraging AI technologies to address challenges in cloud security. The article also mentions market movements of other companies like Sangfor Technologies, GDS Holdings, Alphabet, Microsoft, and Apple, focusing on their financial performance and strategic initiatives.
Partners
growth-positive
Amazon, Google, and Meta lead massive capital push as Apple plays catch-up in the AI race.
The article discusses the significant capital expenditures by major U.S. tech companies, including Meta, Amazon, Google, Microsoft, and Apple, in the AI race. Meta has doubled its capital spending to $17.01 billion, driven by the need to develop advanced AI models. Despite the high investments, the returns are modest, with Metas advertising revenue increasing by 21.5% last quarter. Amazon led in absolute investment volume but faced concerns over profit margins. Microsoft and Google also increased their spending to enhance AI infrastructure. Apple, however, lags behind in AI capabilities. The article highlights the gap between current spending and tangible business results, with investor optimism hinging on future AI-driven profits.
Investment
growth-positive
ChatGPT: Everything you need to know about the AI-powered chatbot
OpenAI, the company behind the AI chatbot ChatGPT, has experienced significant growth and challenges. With 300 million weekly active users, ChatGPTs popularity has surged, especially with the introduction of new features like Study Mode and ChatGPT Agent. OpenAI has partnered with Apple for its generative AI offering and released GPT-4o with voice capabilities. However, the company faces internal challenges, including the departure of key executives and legal issues such as lawsuits from Alden Global Capital-owned newspapers. OpenAI is also preparing for a major funding round and is working on a data center project while trying to maintain its competitive edge against Chinese rivals like DeepSeek.
PartnersManagement ChangesInvestmentLayoffs
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Employees: 500+
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86 articles
growth-positive
Latest News In Cloud AI - Cloud Security Transformed by AI-Driven Innovations
Check Point Software Technologies Ltd. has partnered with Wiz to launch a global integrated cloud security solution. This collaboration combines Check Points cloud network security with Wizs Cloud-Native Application Protection Platform (CNAPP), aiming to enhance cloud security through real-time visibility and AI-powered prevention capabilities. The partnership focuses on proactive threat prevention and automating risk assessment and remediation processes, marking a significant advancement in cloud security. The integration of AI is highlighted as a key factor in safeguarding digital environments. This strategic initiative is expected to drive growth for Check Point amidst analyst uncertainty.
Partners
UK considers cutting visa fees for highly skilled as US hikes H-1B prices
The UK government is considering abolishing visa fees for leading scientists, academics, and digital experts to stimulate economic growth. This proposal comes as a response to the US imposing a $100,000 fee on new H-1B visas, a move seen as anti-growth. The UK’s global talent visa, introduced in 2020, targets internationally recognized leaders in various fields and currently costs £766 per applicant. The number of these visas granted rose by 76% by June 2023. The US policy shift has provided momentum for UK advocates pushing for visa reform, aiming to boost growth ahead of the November 26 budget.
growth-positive
Latest News In Cloud AI - AI-Powered Security Boosts Cloud Protection in New Partnership
Radware has entered into a Managed Security Service Provider (MSSP) agreement with EPIC Cloud Company to enhance cloud application security using AI-powered solutions. This partnership allows EPIC Cloud to integrate Radware’s advanced security services, including web application firewalls, bot management, API protection, and DDoS mitigation, into their offerings. This collaboration highlights a trend of leveraging AI technologies to address challenges in cloud security. The article also mentions market movements of other companies like Sangfor Technologies, GDS Holdings, Alphabet, Microsoft, and Apple, focusing on their financial performance and strategic initiatives.
Partners
growth-positive
Amazon, Google, and Meta lead massive capital push as Apple plays catch-up in the AI race.
The article discusses the significant capital expenditures by major U.S. tech companies, including Meta, Amazon, Google, Microsoft, and Apple, in the AI race. Meta has doubled its capital spending to $17.01 billion, driven by the need to develop advanced AI models. Despite the high investments, the returns are modest, with Metas advertising revenue increasing by 21.5% last quarter. Amazon led in absolute investment volume but faced concerns over profit margins. Microsoft and Google also increased their spending to enhance AI infrastructure. Apple, however, lags behind in AI capabilities. The article highlights the gap between current spending and tangible business results, with investor optimism hinging on future AI-driven profits.
Investment
growth-positive
ChatGPT: Everything you need to know about the AI-powered chatbot
OpenAI, the company behind the AI chatbot ChatGPT, has experienced significant growth and challenges. With 300 million weekly active users, ChatGPTs popularity has surged, especially with the introduction of new features like Study Mode and ChatGPT Agent. OpenAI has partnered with Apple for its generative AI offering and released GPT-4o with voice capabilities. However, the company faces internal challenges, including the departure of key executives and legal issues such as lawsuits from Alden Global Capital-owned newspapers. OpenAI is also preparing for a major funding round and is working on a data center project while trying to maintain its competitive edge against Chinese rivals like DeepSeek.
PartnersManagement ChangesInvestmentLayoffs
growth-positive
The Zacks Analyst Blog Highlights Taiwan Semiconductor Manufacturing, NVIDIA, Apple, Advanced Micro Devices, Broadcom and Intel
Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) reported a record surge in second-quarter profits, driven by strong demand for AI chips and advanced semiconductor nodes. The companys net income increased by 60.7% year over year, with revenues rising 38.7% to NT$933.80 billion. TSMCs high-performance computing division, which includes AI and 5G applications, contributed significantly to this growth. The company projects third-quarter revenues to increase further, driven by demand from major clients like NVIDIA and Apple. TSMCs stock has outperformed the industry, reflecting its market dominance and pricing power. The company expects a 30% revenue surge in 2025, highlighting its strong position in the semiconductor industry.
Customers
growth-positive
The Zacks Analyst Blog Highlights NVIDIA, SoundHound, Microsoft, Apple, Intel and Advanced Micro Devices
NVIDIA Corp. has achieved significant growth, with its market cap reaching nearly $4 trillion, driven by advancements in artificial intelligence (AI) and the popularity of its CUDA software platform. Despite challenges such as competition from DeepSeeks cost-effective language model and geopolitical issues like tariffs, NVIDIAs shares have risen by 24% over the past year. The company has successfully delivered its Blackwell chips, resulting in a 69% increase in sales to $44.1 billion in the fiscal first quarter. Meanwhile, SoundHound AI, Inc. has also experienced substantial growth, with its share price surging by 211.6% over the past year, driven by increasing demand for its voice AI solutions.
Customers
growth-positive
Apple acquires TrueMeeting to boost Vision Pro capabilities
Apple has acquired Israeli startup TrueMeeting, which specializes in digital avatar technology for video calls and augmented reality. The acquisition, completed in January 2025, aims to enhance Apples Vision Pro smart glasses by integrating TrueMeetings technology into its Personas feature. This move is part of Apples strategy to improve the realism of virtual interactions. TrueMeeting, formerly known as CommonGround, was founded by Amir Bassan-Eskanazi and Ran Oz. Prior to the acquisition, the company raised $45 million from investors including Grove Ventures and Matrix Partners. Approximately 20 employees from TrueMeeting will join Apples development center in Israel. The financial terms of the acquisition were not disclosed.
Acquired-byInvestment
חברת Apple רכשה סטארטאפ ישראלי שמאפשר לכם ליצור אוואטר לשיחות, ויכול להיות שכבר ראינו איך הוא משתלב במוצר של אפל ממש לאחרונה
growth-positive
המדור של גלובס מציג מדי שבוע את כל החדשות המעניינות בענף ההייטק ● והפעם: אפל רכשה את הסטארט-אפ הישראלי TrueMeeting, ג'ק דורסי ממציא את המסנג'ר מחדש, חברת החלל של אילון מאסק בוחנת גיוס בשווי עצום של 400 מיליארד דולר, ושני סטארט־אפים ישראליים מגייסים עשרות מיליונים לפיתוח סוכני AI שיחליפו מענה אנושי ● חדשות ההייטק
Apple has acquired the Israeli startup TrueMeeting, formerly known as CommonGround, which develops realistic digital avatars for video calls and augmented reality meetings. The acquisition, completed in January but announced this week, aims to integrate the technology into Apples Vision Pro smart glasses. TrueMeetings technology allows users to scan their faces with a phone to create a digital avatar that reflects real-time movements and expressions. The startup had raised approximately $45 million from investors including Grove Ventures, StageOne, and Matrix Partners before the acquisition. Around 20 employees from TrueMeeting are expected to join Apples development center in Israel.
Acquisition
growth-positive
Apple acquires Israeli 3D avatar co TrueMeeting
Apple has acquired the Israeli startup TrueMeeting, known for developing realistic digital avatars for video calls and augmented reality. The acquisition, which occurred in January, aims to integrate TrueMeetings technology into Apples Vision Pro smart glasses. TrueMeetings technology enhances user experience by creating digital images that reflect real-time movements and expressions, addressing previous criticisms of Apples system. TrueMeeting had raised $45 million from investors including Grove Ventures, StageOne Ventures, Matrix Partners, and Check Point founder Gil Shwed. Approximately 20 employees from TrueMeeting will join Apples development center in Israel. The financial details of the acquisition remain undisclosed.
AcquisitionProduct Stage
growth-positive
Apple quietly acquires Israeli 3D avatar startup TrueMeeting | CTech
Apple has quietly acquired Israeli company TrueMeeting, previously known as CommonGround AI, to bolster its capabilities in real-time 3D technology. The acquisition, approved in January, aligns with Apples strategy to expand its Israel-based R&D. TrueMeeting specializes in developing technology for creating responsive 3D avatars using smartphone facial scans, which can be integrated into various video applications. The company had raised approximately $45 million from investors such as Grove Ventures and Matrix Partners. The acquisition cost is estimated to be lower than the total amount raised by TrueMeeting. This move is part of Apples broader strategy of acquiring Israeli tech firms to enhance its product offerings and expand its development centers in the region.
AcquisitionProduct StageExpand
growth-negative
Stock market today: Dow, S&P 500, Nasdaq rally to put records back in sight
FedEx shares fell by approximately 5% in after-hours trading due to a weaker-than-expected earnings forecast for the current quarter. The company anticipates adjusted earnings between $3.40 and $4.00 per share, below the $4.03 analysts had expected. This forecast reflects FedExs current economic outlook, assuming no further deterioration in global trade or geopolitical conditions. Despite a cautious outlook, FedEx reported stronger-than-expected results for its fiscal fourth quarter, with adjusted earnings of $6.07 per share, surpassing the average analyst estimate of $5.81. The article also discusses broader market trends, including a rally in US stocks, optimism around a US-brokered ceasefire between Israel and Iran, and Federal Reserve Chair Jerome Powells testimony regarding potential interest rate cuts.
Customers
growth-positive
Trump Trade: President said to weigh possible U.S. strike against Iran
The article discusses several key developments involving U.S. President Donald Trump. Notably, Trump plans to sign an executive order to delay enforcement of a law that could ban or force the sale of TikTok, allowing the platform to continue operating in the U.S. for another 90 days. This move is seen as growth-positive for TikTok as it provides more time to ensure data security and compliance. Additionally, the U.S. Senate has passed a bill to establish a regulatory framework for stablecoins, and there is growing support within the Trump administration for the use of psychedelics in mental health treatment. These developments could impact various publicly traded companies in the tech, cryptocurrency, and psychedelic sectors.
growth-positive
Trump tariff uncertainty still makes earnings estimates and guidance useless
The article discusses the recent IPO of eToro, highlighting its historical significance as the first father-son duo to take a company public on the Nasdaq. The broader market context includes a positive response to a US-China trade thaw and the performance of major tech stocks. The article also critiques the reliability of earnings estimates and corporate guidance in the current volatile market environment. Former Medtronic CEO Bill George advises against relying on such guidance, emphasizing the need for clear ground rules. The article underscores the challenges companies face in financial planning amidst unpredictable market conditions.
Public Trading
growth-positive
Speaking during a business summit in Doha, Trump said he met with Cook and asked him to stop building in India and instead increase production in the US.
Apple plans to import iPhones manufactured in India to meet U.S. demand, a move that has drawn criticism from U.S. President Donald Trump. Trump urged Apple CEO Tim Cook to increase production in the U.S. instead. Despite this, Apple is set to spend $500 billion over the next four years to expand U.S. manufacturing, creating over 20,000 jobs and opening new facilities. Meanwhile, India approved a $435 million Foxconn project to manufacture Apple chips, aligning with Apples strategy to diversify its manufacturing base away from China. Currently, 20% of iPhones are produced in India, with plans to import all U.S.-sold iPhones from India by 2026.
ExpandProduct Stage
growth-positive
Apple's next-generation version of its popular CarPlay infotainment software is finally launching three years after it was announced. The company said
Apple has launched CarPlay Ultra, the next-generation version of its CarPlay infotainment software, three years after its announcement. The software will be available on new Aston Martin vehicles in the U.S. and Canada, with existing compatible vehicles receiving updates soon. CarPlay Ultra integrates deeply with vehicle systems, displaying information like speed and fuel mileage, and allows control of certain settings via iPhone 12 or later. Hyundai, Kia, and Genesis have also partnered to make it compatible with their vehicles. The rollout, although delayed, marks a significant advancement from the basic CarPlay version, despite some brands like Mercedes-Benz opting out.
Product StagePartnersCustomers
growth-positive
Apple Selling Corporate Bonds For the First Time Since 2023
Apple Inc. is planning to sell investment-grade bonds, marking its first corporate bond sale in two years. The company aims to issue debt in up to four parts, with the longest portion being a 10-year note priced at 0.7 percentage points above Treasuries. This bond sale is part of a larger trend, with expectations of $35 billion to $40 billion in new issuances from industrial and technology firms. Barclays Plc, Bank of America Corp., Goldman Sachs Group Inc., and JPMorgan Chase & Co. are managing the bond sale. The event is expected to take place on Monday.
PIPE/PO
growth-positive
Jony Srouji: I am always filled with renewed energy and optimism about our shared achievements when I visit our R&D centers here.
Apples senior vice president of hardware technologies, Johny Srouji, visited Israel to meet with employees at Apples R&D centers in Herzliya, Haifa, and Jerusalem. The visit highlighted the importance of Apples Israeli team in developing innovative technologies. During the visit, it was revealed that Apples new headquarters in Herzliya, initially planned for completion in 2025, is now expected to be completed by early 2027. This delay follows a lease agreement signed in 2021 with Bayside Land Corporation for a significant space at the O2 Campus. The lease is set for seven years with an option to extend for 12 more years, generating substantial annual income for Bayside.
Product StagePartners
growth-negative
Apple's 'complete disaster,' Microsoft's tariff uncertainty, and Amazon's vibe: Tech news roundup
The article discusses the challenges Apple faces due to the escalating trade war initiated by President Donald Trump, particularly with China. Despite a temporary pause on tariffs, Trump has announced a significant increase in tariffs on Chinese goods, which could adversely affect Apple more than its Big Tech counterparts. In response, Apple plans to source more phones for the U.S. market from factories in India. The article also touches on broader concerns about AIs impact on the job market and a protest at Microsoft against its AI contracts with the Israeli military. Microsofts stock, along with other major tech companies, has seen a decline due to the uncertainty surrounding the trade war.
growth-positive
/PRNewswire/ -- BeeHero, the pioneer of data-driven precision pollination, announced today the expanded application of its Pollination Insight Platform (PIP)...
BeeHero has expanded its Pollination Insight Platform (PIP) to the apple market, providing apple growers with data-driven insights to optimize pollination strategies. The platform uses IoT sensors and AI-powered analytics to help growers maximize yield and efficiency by optimizing hive placement and timing. With the high loss rate of honey bee colonies, BeeHeros PIP offers real-time data and predictive models to ensure optimal pollination without exhausting resources. The platforms success in diverse crop systems has earned it global recognition, and its application in apple orchards supports BeeHeros mission to enhance global food security and sustainable agriculture.
Product StageCustomers
growth-negative
A 4% sales increase boosts Chinese brands, but Apple’s delayed AI system hinders iPhone 16 performance.
In 2024, global smartphone sales increased by 4% compared to 2023, but Apples iPhone sales declined by 2% due to the delayed availability of its AI system, Apple Intelligence. Despite maintaining its second-place position with an 18% market share, Apples share decreased from 19% in 2023. Samsung remained the largest smartphone manufacturer, while Chinese brands like Xiaomi and Vivo saw significant growth. The market for ultra-premium smartphones, priced above $1,000, grew rapidly, contributing to record-breaking revenue projections. Counterpoint anticipates an 8% revenue growth in 2025, driven by the rising average price of smartphones.
growth-positive
Aiming for mass production by 2026, Apple pivots its R&D priorities toward artificial intelligence breakthroughs.
Apple is pivoting its R&D priorities towards artificial intelligence, aiming for mass production of its first server AI chip by 2026. The development is led by a team of engineers in Israel, who previously worked on Apples transition from Intel to in-house Mac chips. The AI chip project involves collaboration with Broadcom for networking technology and an agreement with TSMC for advanced production processes. This strategic shift underscores Apples focus on AI, as it seeks to catch up with competitors like Google and Microsoft. The move highlights the importance of the Israeli R&D team and the AI chips role in Apples broader AI innovation plans.
Partners
growth-positive
The Israeli startup's app uses Vision Pro’s spatial scanning capabilities to identify the keys of a physical piano. It illuminates the keys to be played while displaying notes, instructions, and feedback above the piano.
Simply, an Israeli startup formerly known as JoyTunes, has launched a new app for Apples Vision Pro mixed reality headset, aiming to enhance music education through immersive learning. The app uses Vision Pros spatial scanning capabilities to identify piano keys, providing users with visual guidance and feedback. This innovation marks a significant advancement for Simply, which is known for its music-learning apps. The app offers both physical and virtual piano experiences, allowing users to learn songs like Beethovens Ode to Joy. Simply plans to expand its offerings with more content and potentially new applications, such as virtual drum lessons or vocal training. The launch of this app represents a growth-positive development for Simply, showcasing its ability to leverage cutting-edge technology for educational purposes.
growth-positive
From technical skills to collaboration, here's what it takes to stand out in the world's leading tech companies.
The article discusses the recruitment trends and desired qualities in job candidates at leading tech companies, collectively referred to as GAMPA—Google, Apple, Amazon, Microsoft, and Meta. These companies emphasize not only technical skills but also adaptability, collaboration, and a willingness to learn. Sundar Pichai of Google values honesty and eagerness to learn, while Tim Cook of Apple highlights collaboration and curiosity. Satya Nadella of Microsoft stresses the importance of a growth mindset and adaptability, especially in the evolving AI landscape. Mark Zuckerberg of Meta values depth of knowledge and alignment with company values, and Jeff Bezos of Amazon seeks individuals who can innovate and challenge the status quo. The article underscores that while technical skills are essential, soft skills and the ability to work well with others are crucial for standing out in a competitive job market.
growth-negative
Apple's $3,499 mixed-reality headset lacks the app ecosystem needed for mass appeal, with developers questioning the product's trajectory amid declining sales expectations.
Apples Vision Pro mixed-reality headset, priced at $3,499, is struggling to gain traction due to a lack of developer support and a limited app ecosystem. Despite Apples historical success with its developer community, the Vision Pro has not attracted the same level of enthusiasm, resulting in a declining number of new apps. This has impacted consumer adoption, with sales expectations reduced from 750,000-800,000 units to 400,000-450,000 units. Comparatively, Metas Quest brand has seen greater success due to lower pricing and a strong developer community. Apples strained relationship with developers, partly due to its App Store policies, further complicates the situation. Apple plans to release a cheaper Vision Pro model in 2025 and a Vision Pro 2 in 2026 to regain momentum.
Customers
Growth-Negative
Apple lays off over 600 California employees after shuttering car project
Apple is laying off 614 workers in California, marking its first significant round of job cuts since the Covid pandemic. The affected employees worked at eight different facilities in Santa Clara and were officially informed of the cuts on March 28, with the changes effective from May 27. The layoffs come weeks after Apple canceled a project to build an electric, self-driving car. The positions that were cut include machine shop managers, hardware engineers, and product design engineers.
Layoffs
growth-positive
אפל ממשיכה לגייס למרכז המחקר והפיתוח החדש בירושלים - וואלה! כסף
Apples Research and Development Center in Israel continues to recruit talent for a variety of new roles at the development center in Jerusalem. The first Apple R&D center in Israel opened over a decade ago and today employs over 2,300 employees at the companys three development centers in Herzliya, Haifa, and Jerusalem. The R&D center in Jerusalem is a new addition to Apples existing centers in Haifa and Herzliya. Apple continues to recruit engineers in Israel, including for the new center in Jerusalem, for various professions.
Expand
AI Is Coming to Your Smartphone. Samsung, Google Take On Apple’s iPhone at MWC Barcelona.
Growth-Positive
Apple Has Plans to Eventually, Maybe Revolutionize Health Care
Apple Inc. has been investing in healthcare technology, with a focus on diabetes care. The companys efforts to integrate health monitoring and disease prevention into its bestselling devices have resulted in breakthroughs, but have also been hindered by disagreements, conservatism, and technological challenges. Apple has scrapped or slowed work on a range of promising projects, frustrating some of the doctors and engineers it hired to work on them. Despite these challenges, the company continues to invest in healthcare technology, with plans for hypertension and sleep apnea detection for the Apple Watch and hearing aid capabilities for AirPods.
InvestmentManagement Changes
Growth-Negative
It’s a spooky Halloween for markets. Here’s why
Markets experienced a surge on Monday, following a 10% drop in the S&P 500 index the previous week. However, traders are wary of potential market surprises during the week. Factors contributing to market fears include high bond yields, the Federal Reserves upcoming interest rate decision, geopolitical strife, and mixed tech earnings. In other news, employees at CVS and Walgreens staged a walkout demanding better working conditions. Meanwhile, Apple unveiled its fastest iMac and MacBook Pro models yet.
CustomersManagement ChangesLayoffs
growth-positive
Apple Unveils New Laptops, iMac and Trio of More Powerful Chips
Apple Inc. has announced a new iMac, MacBook Pros, and the third generation of its in-house Mac processor line, the M3 chip. The new chip lineup relies on advanced 3-nanometer manufacturing technology and more efficiently handles graphics processing. The company also announced higher-end M3 Pro and M3 Max chips. New MacBook Pro models will run the new processors. The company’s homegrown semiconductor business, Apple Silicon, has become a prized asset. The M3 launch is meant to help restore Apple’s advantage in the industry and get the Mac business back on track.
CustomersExpand
growth-negative
Warning Signs Grow Apple Is Losing China Consumers to Huawei
Apples latest iPhone series has seen a 6% decline in sales in its launch month in China compared to the previous year, according to data from GfK. IDC estimates Apples shipments were down 4% in the third quarter. The decline in sales is attributed to the strong growth of Huawei, whose Mate 60 series recorded sales of close to 1.5 million in its launch month. Apple, which gets about 20% of its revenue from China, has been facing challenges due to rising tensions between the US and China and is exploring ways to reduce its reliance on Chinese manufacturing.
Customers
growth-positive
Apple Looks to Capitalize on Computer Sales Comeback With New Macs
Apple Inc. is set to unveil two new Macs and processors, capitalizing on a resurgence in the computer market. The company is expected to announce a new iMac and updates to its high-end MacBook Pro, as well as the next generation of its computer chip, the M3. The new models are expected to benefit from an upswing in the computer business, with industry-wide shipments expected to grow again in 2024. Mac sales are forecast to climb about 5% in the holiday quarter, with the revenue growing 5.5% in the fiscal year that just started.
CustomersExpand
Growth-Negative
Stock Traders Face Pivotal Week as Apple Steals Fed Spotlight
Apple Inc., the worlds most valuable company, is facing a slump in smartphone sales and is expected to report a revenue decline for a fourth consecutive quarter, its longest streak in more than two decades. This has led to a decrease in its stock value, erasing about $460 billion in market value from a company previously worth about $3 trillion. The companys earnings report is being closely watched by investors, who are concerned about the impact of the slump on the overall stock market. Other big tech companies have also seen their shares drop after posting solid earnings this month.
Customers
growth-positive
Everything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac Event
Apple Inc. is set to unveil updates to its Mac product line, including fresh MacBook Pro laptops and iMac desktops, at an online event. The new models are expected to feature Apples first M3 3-nanometer processors, which are anticipated to be a significant improvement over the M2 line. This comes at a critical time for Apple, as the personal computing market recovers from a post-pandemic slump and new competitors, such as Nvidia Corp. and Qualcomm Inc., are entering the industry. The Mac division represents about 10% of Apples annual sales, and Wall Street estimates that the Mac will bring in just under $8.1 billion in the holiday quarter.
CustomersExpand
Growth-Positive
Huawei’s Profit Doubles With Made-in-China Chip Breakthrough
Huawei Technologies Co. reported a 118% surge in net profit to 26.4 billion yuan ($3.6 billion) in the September quarter, a slight rise in sales to 145.7 billion yuan, and a major achievement in chip technology. The companys Mate 60 Pro, housing a 7nm processor made by Semiconductor Manufacturing International Corp., sold out almost instantly, spurring expectations it could rejuvenate Huaweis fortunes and potentially cut into Apple Inc.s lead in China. A resurgent Huawei could pose problems not just for Apple but also local brands from Xiaomi Corp. to Oppo and Vivo.
CustomersPartners
growth-positive
Tata to Become First India iPhone Maker as Wistron Approves Sale
Tata Group is set to acquire Wistron Corps iPhone assembly plant in India for $125 million, making it Indias first homegrown iPhone maker. The deal, which has been in discussion for over a year, is part of Tatas strategy to forge closer ties with Apple Inc. and challenge Chinas dominance in the electronics industry. Tata has also been ramping up hiring at its factory in Hosur, where it produces iPhone components, and plans to launch 100 Apple stores in India.
AcquisitionExpand
Growth-Positive
Big Tech earnings can make or break this market
Big Tech companies, including Microsoft, Alphabet, Amazon, Meta, Nvidia, and Apple, are being closely watched by investors for clues about the direction of the volatile stock market. Microsoft and Alphabet have released strong third-quarter earnings, with Microsoft posting revenue of $56.5 billion, a 13% year-over-year sales growth, and Alphabet reporting quarterly sales of $76.69 billion, up 11% from the same period in the prior year. However, Alphabets shares fell by about 6% due to falling short in its cloud business. The earnings of these tech companies have a significant impact on the S&P 500s value.
Customers
Growth-Positive
Apple Announces ‘Scary Fast’ Oct. 30 Event to Roll Out New Macs
Apple Inc. is set to launch new Macs on October 30, 2023, in what is likely to be the companys last launch event of the year. The event, dubbed Scary Fast, will introduce new Mac computers, with the logo for the event morphing into the icon for the Macs Finder. The company is expected to unveil its M3 Mac chip, which will deliver significant performance improvements to the companys computers. Apple is also readying a new iMac with an M3 chip as well as new MacBook Pros with M3 Pro and M3 Max chips. However, updates to the iPad line are not expected until next spring.
CustomersExpand
Growth-Positive
Alphabet, Microsoft Have ‘No Room’ for Error as Tech Rally Fades
Investors are looking to earnings reports from Microsoft Corp. and Alphabet Inc. to help restart the rally in tech stocks. Rising rates and regulatory restrictions have made tech valuations look increasingly expensive, and the ongoing conflict in Israel has made risk assets a more dangerous bet. However, Big Tech remains the most-crowded trade among fund managers, according to Bank of America Corp. Investors are paying for protection against a selloff in Alphabet and Microsoft, two of the heavyweights responsible for all of the S&P 500 Index’s advance this year. The companies are expected to deliver earnings growth big enough to push the stocks higher.
Investment
growth-positive
Qualcomm Unveils New PC Chip in Challenge to Apple, Intel
Qualcomm Inc. has unveiled a new laptop processor, Snapdragon X, which it claims outperforms rival products from Intel Corp. and Apple Inc. The chip features 12 high-performance cores capable of crunching data at 3.8 megahertz, and is as much as twice as fast as a similar 12-core processor from Intel, while using 68% less power. Qualcomms CFO, Akash Palkhiwala, stated that this will make them the new CPU leader in mobile computing. The new processor will also have features specifically designed for artificial intelligence software. The announcement led to a 1.5% increase in Qualcomms stock.
InvestmentExpand
Growth-Positive
Apple to Revamp TV App in Step Toward Simplifying Video Services
Apple Inc. is planning to redesign its TV app as part of its strategy to consolidate its various video offerings and become a bigger player in the streaming world. The new version of the app is expected to be released around December as part of an upcoming tvOS software update. The app will aggregate content from iTunes, the Apple TV+ subscription service, live sports networks, and third-party offerings like Amazon Prime. As part of the overhaul, Apple will discontinue its dedicated apps on the Apple TV set-top box that let users rent and buy movies and shows. The company is aiming to become consumers’ go-to hub for streaming content.
CustomersExpand
Growth-Negative
China Rattles Foreign Firms Again With Arrests, Foxconn Probe
Chinese authorities are investigating Foxconn Technology Group, Apple Inc.’s most important partner and one of the largest employers in China, over tax audits and land use. This has led to a fall in the companys stock. The government has also arrested an executive and two former employees of WPP Plc, one of the world’s biggest advertising companies. This series of actions has shaken the confidence of foreign companies operating in China. The opaque approach to oversight of the economy by the Communist Party has unsettled foreign executives.
Management ChangesCustomers
growth-positive
Taylor Swift Tops Scorsese, Holding Hollywood Royalty at Bay
Apple Inc.s first-ever big-screen release, Killers of the Flower Moon, directed by Martin Scorsese and starring Leonardo DiCaprio, opened with sales of $23.3 million. However, it was outperformed by the film version of Taylor Swift’s stadium tour, The Eras Tour, which brought in $33.2 million in North American ticket sales. Apple plans to spend $1 billion a year on films that will be released in theaters, in a bid to boost demand for its streaming service, Apple TV+. The companys ultimate goal is not ticket sales, but generating awareness and increasing subscriber numbers for its online platform.
CustomersInvestment
Google and Apple Want You to Log In With Passkeys. Here’s What That Means.
China vice premier pushes for more Apple investment, cooperation
Apple Investors Face $340 Billion Hole as Woes Mount
Tech Bellwether Murata Sees Smartphone Market Growing This Year
Apple’s Cook Cheers on Tencent Game Gala in Rare China Visit
Goldman Sachs Wants Out of Consumer Lending. Employees Say It Can’t Happen Fast Enough.
Google’s Deals Lock Up 50% of US Searches, DOJ Expert Says
Apple’s iPhones Off to Disappointing Start in China, Study Shows
Big Tech’s Profit Machine Is Propping Up S&P 500 Earnings
How Global Conflict Led to a Surprising Plan to Make Apple Chips in a Desert
America’s ‘Gold Standard’ GPS Risks Falling Behind Rival Systems
growth-positive
Microsoft Completes $69 Billion Activision Blizzard Purchase
Microsoft Corp. has completed its $69 billion acquisition of Activision Blizzard Inc. after a nearly two-year fight with global regulators. The acquisition makes Microsoft a more formidable competitor in the video game industry, moving it from fifth to third place globally. The deal was approved after Microsoft agreed to make alterations to its merger agreement to win over UK authorities. The company plans to make Activisions games library available on Game Pass, its cloud-streaming service. Activision CEO Bobby Kotick will stay on as chief executive of Activision Blizzard through the end of the year.
Acquisition
growth-positive
Corporate Giants Are the New Hedge Funds of the Global FX Market
Apple Inc. and Alphabet Inc. are holding $135 billion and $60 billion respectively in foreign exchange derivatives, used to hedge against currency fluctuations. This reflects a shift in the currency trading market, with Wall Street banks increasingly catering to large companies. Revenue in corporate currency business at the worlds five biggest banks has increased about 30% in the past five years. The shift is partly due to new regulations and a decline in currency volatility. Despite a slump in trading revenue, banks are focusing on steady relationships in the corporate bank for underlying real-economy business.
CustomersInvestment
Growth-Negative
Apple’s Top Suppliers in Taiwan Weather Worst Month Since June
Apple Inc.s key suppliers in Taiwan experienced a significant sales drop in September, despite the launch of a new iPhone and several Android handsets. The worlds largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., recorded a 13.4% drop, while the wider group of major assemblers and component makers fell 16.4% to NT$1.24 trillion ($38.7 billion) from a year earlier. Device assemblers Hon Hai Precision Industry Co., Compal Electronics Inc., and Quanta Computer Inc. led the declines. The slump extended Augusts double-digit decline, leading to an 8.8% slump for the first nine months of the year.
Customers
Meta and Alphabet Stocks Are Soaring, Leaving Apple in Their Dust
growth-positive
Dow Jones Rallies As Treasury Yields Slide; 6 Best Stocks To Buy And Watch
The Dow Jones Industrial Average rose Tuesday, with Tesla stock reversing from early losses after an analyst price-target cut. PepsiCo reported better-than-expected earnings results, sparking a near-2% rise in morning trade. Truist popped more than 3% on reports it was in talks to sell the remainder of its insurance brokerage business for $10 billion. Chevron and UnitedHealth are among the best stocks to buy and watch in the new stock market uptrend. Arista Networks, Duolingo, DraftKings and Meta Platforms also saw gains.
CustomersPartners
growth-negative
Google’s Pichai Decried Bad ‘Optics’ of Search Engine Deal With Apple
Google CEO Sundar Pichai expressed concerns about the companys deal with Apple years before he became CEO, according to emails introduced as evidence in the Justice Departments antitrust case against Google. The emails show Pichai was worried about Googles agreement to pay Apple to be the pre-selected search option on the Safari browser. The Justice Department alleges that Google has paid Apple and other smartphone makers billions of dollars in revenue-sharing agreements to keep rival search engines from gaining users. Google denies that the agreements harm competition.
Partners
growth-positive
PC shipments hit rock bottom: Could Q4 2023 be a reset for PC makers?
After two years of consecutive declines, the PC market is expected to recover, according to Gartner Research. The recovery is anticipated despite the challenges faced by computer companies like Intel, Apple, Microsoft, and HP, including inflation and pandemic-era supply chain slowdowns. The PC market hit rock bottom with shipments falling 9% in the third quarter compared to last year. However, the market is expected to recover in the fourth quarter of this year and return to growth in 2024.
Customers
Apple iPhone 15 Pro Demand May Be Fading: J.P. Morgan
Growth-Positive
Apple is working on making devices less distracting
Apple is introducing widget features to its devices to help reduce screen time and make the devices less distracting for users. The widgets will provide users with information without the need for notifications. This is part of Apples strategy to ensure that their devices are used, but not seen as a distraction that could negatively impact the brand. The widgets will be integrated across Apples ecosystem and will allow users to access information when they want to, rather than when apps want them to.
Customers
Apple Could See a Hit to Profit if Google Loses DOJ Search Lawsuit: Analyst
Growth-Negative for Tesla and Rivian, Growth-Positive for Netflix and Apple
Tesla's Q3 flop; Netflix's price hike; Rivian's plunge: Weekly tech roundup
Tesla missed its Q3 EV delivery estimates and announced price cuts for some of its popular EVs. Netflix plans to increase the price of its ad-free service in several markets globally. Rivians shares plunged after it announced a $1.5 billion green convertible senior unsecured note offering and disappointing preliminary Q3 results. Apple is now requiring new apps to provide proof of a Chinese government license before they can be published on its platform.
CustomersInvestment
Smartphones Are Stuck in a Rut. AI Could Be the Cure.
growth-negative
Move Over, San Francisco: The Suburbs of Silicon Valley Are Calling
San Franciscos Westfield mall is struggling with empty storefronts and falling foot traffic, leading owners Unibail-Rodamco-Westfield and Brookfield Corp. to give the mall up to lenders. Meanwhile, Westfields shopping center in San Jose, located in Silicon Valley, is booming with increased sales and new stores. The article highlights the changing fortunes of San Francisco and Silicon Valley, with the former facing an exodus of people and empty office buildings, while the latter benefits from remote work and the success of tech companies. San Franciscos downtown is lagging behind in its post-pandemic recovery, while Silicon Valleys economy is holding up relatively well. The article discusses the challenges faced by urban centers, high housing costs, and the shift of people in the Bay Area.
CustomersPartners
growth-positive
Apple Sets Sept. 12 Date for Launch of iPhone 15, New Watches
Apple Inc. has announced September 12 as the date for its major product upgrade event of the year, where it plans to unveil the iPhone 15 line and next-generation smartwatches. The event will be streamed online and will also take place at Apples Steve Jobs Theater in Cupertino, California. The iPhone 15 lineup will include two entry-level models and two high-end models. The company is also planning to increase pricing on some of its higher-end models. Alongside the new iPhones, Apple will introduce updated AirPods that include a USB-C charging port. On the Apple Watch front, the company will unveil the Series 9 lineup and a second-generation version of the high-end Ultra.
CustomersExpand
Growth-Positive, Growth-Positive, Growth-Negative
30 Most Important Economies in the World
The article discusses the state of the global economy, highlighting the impact of the Covid-19 pandemic, Russia-Ukraine conflict, and inflation on economic growth. It mentions that the reopening of the Chinese economy, supported by companies like Alibaba, will boost global economic growth. Despite economic challenges, Apple Inc. saw an increase in sales, particularly in India, while Alphabet Inc. experienced a slower revenue growth. The article also ranks the 30 most important economies in the world based on their GDP.
CustomersPartners
growth-positive
20 Largest Economies in Asia
The article discusses the growing economic power of Asian economies, highlighting the rise in Foreign Direct Investment (FDI) in developing Asian countries. It mentions that Apple Inc. earns a significant portion of its revenue from China and has opened its first retail store in India. Microsoft Corporation is also mentioned for its plans to establish a new datacenter in Indonesia. The article further discusses the contributions of Asian corporations, such as Toyota, Alibaba, and Baidu, to the global economy. It provides a list of the 20 largest economies in Asia, with China having the largest GDP. The article concludes by mentioning projections that three of the five largest economies in the world by 2050 will be Asian countries.
InvestmentCustomers
growth-positive
ChipEx2023: הצצה לתהליך פיתוח השבבים באפל ישראל - Chiportal
The article discusses the chip development process at Apple Israel and the principles they have adopted. It highlights Apples focus on developing high-performance and energy-efficient products. The company has been successful in implementing these principles in their chip architecture, resulting in efficient performance. The article also mentions the use of integration and the importance of efficient transitions between different work points. Overall, Apples chip development approach allows them to provide a wide range of chips for their products.
CustomersPartners
growth-positive
Apple to open Jerusalem development center
Apple is opening a new development center in Jerusalem, Israel, focused on hardware and chip development for Mac computers. This will be Apples third development center in Israel, following Herzliya and Haifa. The center was revealed in a LinkedIn post, which is unusual as most tech giants announce such openings through press releases. The decision to open the center comes at a time when Apple is slowing new hires, but the Jerusalem center is expected to be relatively small. Apple currently has 2,000 employees in Israel and also operates a development center in Ramallah. The Israeli team played a central role in developing Apples M1 processor. The article was published on July 27, 2022.
Expand
growth-positive
Apple to expand Palestinian R&D center
Apple has announced the expansion of its R&D center in the Palestinian Authority city of Rawabi. The center, which has been operating since 2018, will continue to develop hardware technologies in collaboration with Israeli teams. Apple has hired ASAL Technologies, a development contractor that works with various US tech corporations in Israel, to recruit and manage engineers for the center. The establishment of the Rawabi R&D center has been supported by Palestinian-American billionaire Bashar Masri, who is also a member of ASALs board of directors. Apples Israeli R&D centers currently employ 2,000 people and are responsible for developing tools and technologies for Apples products.
Expand
growth-positive
Apple's R&D footprint in Israel is growing and so is its local headquarters | AppleInsider
Apple has signed a seven-year lease on an extension to its existing Research and Development facility in Herzliya Pituach, Israel. The move is primarily aimed at providing more workspace for its engineers. The tech giant originally opened a new research and development office in Herzliya Pituach in February 2015 and by April that year, it was already planning to expand the site. The new construction is said to extend a current two-story wing of the existing site. The lease will take effect when the building is complete, with construction expected to end in 2025.
Expand
growth-positive
Apple boosts Haifa's tech credentials
Apple has announced that it will lease a 28,000-square-meter building in Haifas Matam High Tech and Business Park for the next seven years. The building is being leased from Bayside Land Corp. Ltd. for NIS 210 million. The move is seen as an expansion of Apples development activities in Israel and a consolidation of its operations near Intel, which is also expanding in the city. The park is home to various high-tech companies, including Intel, Annapurna Labs (acquired by Amazon), Google, IBM, and Yahoo. Apples decision to locate in the park is expected to bring about 1,500-2,000 employees to the Haifa industrial zone. The parks location, proximity to the Technion Institute of Technology, and shuttle service from the train station make it an attractive choice for tech companies.
PartnersExpand
growth-positive
Israel R&D team said likely behind Apple's 'revolutionary' chip for laptops
Apple has unveiled its new line of Mac computers equipped with the M1 chip, Apples first chip developed in-house. The M1 chip delivers faster processing, graphics, and machine learning, as well as longer battery life. This marks a significant change for Apple, as it moves away from relying on Intel chips and builds its own. The development of the M1 chip likely took place in Israel, where Apple has R&D centers and a team of engineers led by Johny Srouji. Srouji is responsible for the development of Apples system-on-chip technology and has been with the company since 2008. Intel, Apples previous chip supplier, stated that it will continue to support Apple as a customer.
Partners
growth-negative
Apple Passes Over Intel in Search for Chips for a Future iPhone
Apple has notified Intel that it will not use a Wi-Fi and Bluetooth component developed by the chipmaker in its next-generation mobile device. Intel executives described Apple as the key mobile customer for the component. The decision by Apple is seen as a setback for Intels growth in the mobile device market. Intel is now looking to improve the component to get it into Apples 2022 mobile devices. The company is also at risk of losing Apples modem business, with the possibility of being displaced by Taiwanese modem manufacturer MediaTek Inc. Apple is reportedly phasing out Intel chips in Mac computers by 2020.
CustomersPartners
growth-positive
Apple looking to Israel for camera technology
Apples Israeli engineers in Herzliya are developing advanced camera technology for the next iPhone models. The company is recruiting engineers in various fields related to camera development, sensors, image processing, computer imaging, optics, and electro-optics. The positions being sought suggest that the iPhone 8 may include a three-dimensional camera, allowing for the identification of depth in pictures and videos. This could enable the creation of 3D models, objects, and advanced applications or games. However, it is believed that these capabilities may not be ready for the September release of the new iPhone and may be featured in later models. Apple has been increasing its efforts in developing cameras and computer vision in Israel in recent years.
Expand
growth-negative for Intel Israel, growth-positive for Apple Israel
Intel senior exec Rony Friedman set to become Apple Israel's new CEO
Rony Friedman, vice president and general manager of Intel Israels Integrated IP and Technology Group, is leaving the company to head Apples research and development operations in Israel. This comes after Aharon Aharon stepped down as head of Apple Israel to become head of the government’s National Innovation Authority. Meanwhile, Maxine Fassberg, who headed Intel Israel until January, will reportedly not be leaving the company after all. Fassberg received an offer to take a temporary management role in connection with Intel’s $15 billion purchase of Mobileye.
Management ChangesAcquisition
growth-positive
Apple takes a bite out of Israel's high tech scene
Apple has invested $1.2bn in Israel, employing 800 locals, most of whom are hardware and software engineers. The company has also acquired two other companies for hundreds of millions of dollars, and a year ago opened a large office building in Herzliya Pituach, as well as a branch that occupies several floors in Haifa. It continues to recruit employees according to its evolving needs. Apples activity in Israel has so far centred on hardware engineering and technology development. It does not itself deal with retail sales and marketing itself, but rather uses local distributors.
InvestmentExpand
growth-positive
Apple to expand Israel development center
Apple is expanding its operations in Israel by leasing additional space in the Herzliya Industrial Zone. The company will hire hundreds more employees for its Israel development center. The new space, along with Apples current offices, will house about 800 employees, including sales and marketing operations. Apple is leasing 16,000 square meters from Bayside Land Corp. Ltd. The expansion is seen as a positive growth move for the company.
Expand
growth-positive
A Look at LinX Camera Technology That Could Appear in Future iOS Devices
Apple recently acquired LinX Imaging, a company specializing in multi-aperture cameras for mobile devices. This acquisition could lead to significant improvements in camera quality for future iOS devices. LinXs technology allows for impressive image quality in a smaller size, potentially eliminating the need for protruding camera lenses on iPhones. The multi-aperture cameras offer SLR-like images in normal lighting conditions with low noise levels and improved low light performance. LinXs depth mapping technology can create detailed 3D models and has various applications, such as object scanning and image refocusing. Apples acquisition of LinX could enhance its iPhone camera capabilities and maintain its position as a leader in smartphone photography.
Acquisition
growth-positive
http://www.jpost.com/Israel-News/New-Tech/Apple-CEO-Tim-Cook-to-inaugurate-new-Israeli-headquarters-next-week-390866
Apple CEO Tim Cook is planning a visit to Israel to inaugurate Apple Israels new headquarters in Herzliya. During the trip, Cook is expected to meet with former President Shimon Peres and other high-tech figures in the country. The new headquarters will house Apple Israels development center, marketing, and sales division, and will employ 800 employees.
Expand
growth-positive
Apple to open R&D center in Israel?
Apple is rumored to be planning to open a research and development center in Israel, which would be its first and only R&D facility outside California. This move is seen as a preventative step to stay ahead of competition in the software and hardware space. Additionally, Apple is said to be in talks to acquire Israeli flash memory developer Anobit for $500 million, which would give Apple exclusive access to Anobits flash controllers. The visit of Apples corporate vice president for R&D to Israel further supports the rumors of an R&D center. Apple is recognizing that Israel is a hub of high-tech innovation.
PartnersInvestment
Employee Info
| Employees (range) | 500+ |
| Exact count | 2000 |
| Team members | 2 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
Apple Internal
Recent Updates
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-10-19 13:58:52.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-03 08:21:03.000000
Yanina Wainscheinker
· yanina.wainscheinker@sncentral.org · Manual · 2023-05-16 12:25:23.000000
Eran Levin
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Jenny Sotnik-Talisman
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Maor Perlov
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Maor Perlov
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Maor Perlov
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Yanina Wainscheinker
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Maor Perlov
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Yamila Silbert
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· genys30@yahoo.com · Manual · 2016-01-12 12:51:39.000000
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 69/100 |
| Missing | product stage, sector, business model, video or image, funding rounds, markets, not claimed |
| BI Verification | Yamila Silbert |
| Crunchbase | apple |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2022-11-03T00:00:00.000Z |
| Created | 2016-01-12T00:00:00.000Z |
| Status detail | Public on NASDAQ on Jan, 1980; |