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Special to DOW JONES NEWSWIRESJERUSALEM--Israeli online translation company Babylon Ltd. (BBYL.TV) said Tuesday it has signed a four-year revenue-sharing agreement with portal Yahoo Inc. (YHOO).The two companies will share revenue from Internet advertising, including from mobile applications, Babylon said.Although it didn't say how much it expected the agreement to boost its bottom line by, Babylon said the agreement will result in a "substantial contribution" to its revenue.According to the agreement, the cooperation may also be extended beyond four years.Babylon has filed for an initial public offering on the Nasdaq to raise $115 million, but hasn't set a date for the offering.Founded in 1997, Babylon has traded on the Tel Aviv Stock Exchange since 2007. It recently launched a free version of its online translation software. The company said it is holding an IPO to raise money to expand its base of users and market its products through third-party software distributors.At 0929 GMT, s...
Limiting the holdings of large investment companies is key to increasing competition in Israel and also to lowering overall risk in the economy, according to a gover...
In tandem with the increasingly anti-capitalistic ideology of cyber evildoers, the digital target on the New York Stock Exchange and Nasdaq Stock Market appears to h...
Tel Aviv Stock Exchange CEO Ester Levanon on why the European debt crisis is a major concern to the Israeli economy and markets.
Strauss Group Chairperson Ofra Strauss weighs in on the Israeli economy and joint ventures with Pepsi and Virgin.
Israeli Finance Minister Dr. Yuval Steinitz on the sovereign bond that will be listed on the NYSE.
Tel-Aviv Stock Exchange CEO Ester Levanon on the country's continued financial growth and her outlook on investing in Israel.
December 6, 2010 06:53 PM UTC by Liz ClamanShalom, Profits! How Do Gains of 63% Sound To You?That’s what the Tel Aviv Stock Exchange (TASE) has returned over the pas...
Tel Aviv Stock Exchange CEO Ester Levanon on the change in the market and stock exchange.
Israeli Finance Minister Dr. Yuval Steinitz on the sovereign bond that will be listed on the NYSE.
July 17, 2009 03:22 PM UTC by Liz ClamanHow a Sliver of Land in the Middle East Avoided the Credit CrisisHi gang,I’ve been in Israel the entire week for vacation but...
War in Gaza
Israeli conglomerate Delek Group Ltd. (DLEKG.TV) Tuesday said it plans to delist its local retail fuel subsidiary from the Tel Aviv Stock Exchange.Delek Group said i...
Tel Aviv Stock Exchange CEO Ester Levanon on automating the stock exchange and investment in Israel.
Evogene CEO Ofer Haviv on helping crops fight drought conditions.
Israeli real-estate development company Azrieli Group Ltd. (AZRG.TV) Tuesday said it has signed an agreement to purchase a shopping and commercial center near the so...
The Bank of Israel on Wednesday said the country's banking system is "robust," following Moody's Investor Services' downgrade of the banking system's outlook.On Tues...
The New York Stock Exchange has received a credible threat to disrupt its external website as part of an apparent cyber attack attempt against a number of U.S. excha...
Mellanox Technologies Ltd., the Israeli telecom- equipment producer, on Sunday was cut to market perform from buy at Clal Finance, where analyst Jonathan Kreizman ra...
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