Israel based startup Shoppimon whose solution monitors online store performance by mimicking the experience of its customers, announced it has closed $2.3M in seed funding from participants including, AOL, StageOne Ventures, Explore and 2B-Angels. By focusing on a wide range of problems eCommerce sites face, Shoppimon identifies and alerts its users to a gamut of… Read More »

Facebook Inc. (Nasdaq: FB) is in advanced talks to buy Israeli navigation and traffic congestion app company Waze Ltd. The price tag has not been confirmed, though sources are pegging it to anything between $800 million and a billion dollars. This is the second time talks of Waze acquisition by Facebook are taking place. In… Read More »

Twitter Inc launched advertising services in the Middle East and North Africa on Sunday as the social media firm seeks to exploit a tripling of its regional subscriber base. Twitter will work in partnership with Connect Ads in MENA to keep companies and brands on the pulse of their consumers through Twitter’s suite of advertising… Read More »