SOLD! Israeli Chat App sold to Japanese Web Giant




The Cost of Doing Business show

Summary: On this episode of the Cost of Doing Business: -Viber goes Japanese: the Israeli instant messaging app sells to Japanese retailer Rakuten for $900 million. Why will Israel not make any tax off of this and why does this not actually matter? Orr Hirschauge, high-tech reporter and editor of TheMarker's TechNation, explains -Another day, another exit: Google acquires Israeli start-up SlickLogin, despite having no revenues, no users, no offices and a hypothetical product. What is this product? Assaf Gilad, high-tech reporter at Calcalist, has the answers. -Teva becomes the biggest holding of billionaire George Soros' fund - Why is that? Does he know something we don't? Perhaps Teva's future is not so grim afterall... Gilad Alper, Senior Analyst at Excellence, knows what's what. -In other news: Israel Chemicals opens a potash mine in Ethiopia following a lousy 2013. Is it expanding overseas in reaction to Israeli tax policies? Gilad Alper says: Yes -Israeli growth is slumping: GDP grew only 2.8% in the second half of 2013 - the lowest growth rate in four years. What does it mean and can the government do anything to stop the economic slowdown? Yossi Freiman, CEO of Prico Risk Management and Investments, shares his insight. -Israel's Electric Company (IEC) may forgive the Palestinian Authority's debt, totaling 1.3 billion NIS. Given its financial state, can the IEC afford for this move? And what if the Palestinian can't pay its debt? Lior Gutman, Energy and Infrastructure reporter at Calcalist, explains The Animals - We’ve got to get out of this place of Montreal - Fugitive Air Therapy? - Screamager Sun Kil Moon - I Can't Live Without My Mother's Love Rollins Band - Low Self Opinion