13 Dec
The Law Society of England and Wales on Monday called on the Iranian government to give protesters access to legal representation and end the arrest, detention and ill-treatment of lawyers. The occasion was the Iranian government`s reaction to the nationwide protests following the death of Masha Amini. A recently released JURIST Iran cable described how […] Covid-19 has led to a significant increase in demand for data center services that can host and channel the huge amount of data and cloud-based services. With social distancing rules in place, countless employees, students and consumers have had to work, study and shop from home in comfort and safety. The natural effect of this has been the subsequent shift of physical interactions into the online domain, resulting in businesses and government agencies and organizations struggling to maintain their operations despite overload or adapt to a virtually virtual world. Data centers came into play as a solution for internet traffic, providing businesses with backup components and infrastructure for power, data communication links, environmental controls, and various security issues. A recent significant transaction in this sector was the sale of 49% of the share capital of Med-One Ltd from the Livnat family (represented by our company) to the famous American private equity firm Berkshire Partners and the van Rooyen Group for consideration representing a valuation of the company of approximately NIS 1.5 billion. And we expect continued growth in all things data centers and solutions. Recent events around the world have also inevitably led to a drastic increase in the use of online food delivery services and the flourishing of e-commerce culture, with restaurants and malls forced to close their doors to customers and shoppers for long periods of time. This has led to a surge in valuations for companies that operate food and goods delivery platforms and have managed to control growing consumer demands through contactless delivery and electronic payment solutions. We acted as Israeli advisors to DoorDash, a NYSE-listed company that operates an online food ordering and delivery platform with the largest market share in the U.S. and made headlines when it announced plans to acquire 100% of the shares of technology company Wolt Enterprises Oy, based in Helsinki. including its dominant Israeli subsidiary.
in a share exchange transaction reflecting an $8.1 billion valuation of Wolt. Throughout different global events and trends, cybersecurity has remained an unwavering sector that has always proven relevant. Industries and industries, all of which were experiencing increasing demand to adapt to virtual services, were also faced with the need to further protect their critical systems and sensitive information from fraud, theft and corruption. The cyber solutions developed in the Israeli market are advanced and extensive, and companies operating in this field have gained an excellent reputation worldwide, making them desirable investment prospects. For example, in the summer of 2021, Rapid7, a NASDAQ company that is a leading provider of security analytics and automation services, acquired Israel`s IntSights Cyber Intelligence Ltd., which specializes in external threat contextual intelligence and proactive threat remediation, for $335 million (paid in cash and equity). just months after its $30 million investment cycle in the series. D. The country`s legal institutions have evolved into “wartime marketable” enterprises. It is no secret that the events of recent months have led to a dramatic shift in the global economic outlook from last year`s recovery. Despite the shadow of the Covid-19 pandemic raging in many parts of the world, a decline in consumer confidence caused by the Russian invasion of Ukraine, persistent global supply chain issues, and rising inflation rates mean almost all jurisdictions are experiencing a slower 2022. Israel is no exception. Continue reading “Focus Israel: A Fundamental Change” The contents of lawyer Tom Girardi`s hanging mansion in Pasadena, California, are set to go up for auction Wednesday, more than a year after his law firm collapsed, his marriage to “Real Housewives of Beverly Hills” star Erika Jayne Girardi collapsed and he and his law firm went bankrupt.
The increasing shift of face-to-face interactions into the online domain has also sparked greater curiosity about AI and how it can be applied to improve the quality of many services. With the increasing use of AI, the demand for synthetic data has increased, i.e. information produced artificially rather than generated by real events or models. Synthetic data is created algorithmically to be used as production or operational data test datasets, validating mathematical models, and training machine learning models. The benefits of using synthetic data include reducing restrictions on the use of sensitive data, such as complying with privacy regulations, tailoring data needs to specific conditions, and preventing bias between race, gender, and age. As the metaverse begins to take shape and the scope of virtual reality and augmented reality to create a 3D virtual world is wider than ever, synthetic data will certainly play a crucial role in its development, enabling interaction with virtual objects, optimizing rendering and introducing photorealistic representations of user avatars. A good example of a company that has achieved outstanding results with AI to train synthetic data is our client Datagen Technologies Ltd, which recently successfully closed a $50 million Series B funding round led by new investor Scale Ventures and backed by existing investors Viola Ventures and TLV Partners.