CloudEndure confirms acquisition by Amazon

Israeli cloud computing company CloudEndure has confirmed that it has been acquired by Amazon's cloud services unit AWS, as first reported by "Globes" earlier this week. A notice on CloudEndure's website says, "CloudEndure is now…

Wind e-scooters begins Tel Aviv operations

German e-scooter company Wind launched its electric scooter services in Tel Aviv and will compete with Bird, which has been operating in Israel since last August. The company's plans were first reported by "Globes last…

Mitch Glazier becomes Chairman and CEO of RIAA

Mitch Glazier has formally taken office as Chairman and CEO of the Recording Industry Association of America (RIAA) – the trade body representing the US recorded music industry. The previously-announced succession arrives alongside the promotion…

More than 1/4 of all music streamed in…

Hip-hop’s domination of the modern American music streaming business is reaching new heights. ‘Hip-hop/Rap’ tracks accounted for more than a quarter of all on-demand plays on music streaming services in the US last year, according…

Merck Mercuriadis buys again, as Hipgnosis snaps up…

Hipgnosis Songs Fund Limited, the publicly-traded UK company set up by veteran artist manager Merck Mercuriadis, has acquired another catalog from a songwriter. This time, it’s the repertoire of multiple Grammy winner Giorgio Tuinfort, who has…

Shufersal mulls cutting store space 20% due to…

The switch in consumer habits to online shopping is leading Israel's largest retain chain to mull cutting store space, sending shock waves through the real estate sector. Sources inform "Globes" that Shufersal Ltd. (TASE:SAE), managed…