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From six-person startups to a $6.3 billion take-private: October's extraordinary month for Israeli tech exits
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Israeli startup Coldi is deploying AI agents to take over the cold call
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Perion to be acquired by India’s Affle for $420 million, marking a steep fall for a once-billion-dollar Israeli company
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Skillz
5 stories about Skillz
Court appoints administrator for Papaya Gaming, demands stronger debt plan
26.08.26
|
Meir Orbach
With only $151 million in cash to cover $754 million in liabilities, the gaming company has 45 days to draft a realistic settlement after a judge found its current seven-year repayment strategy inadequate.
Papaya Gaming wins U.S. bankruptcy protection after $719 million ruling
09.08.26
|
Meir Orbach
A Delaware judge temporarily blocked collection efforts against Papaya’s U.S. assets as the Israeli gaming company seeks Chapter 15 recognition and prepares to appeal a ruling over the use of bots.
Papaya creates $100 million safety net while appealing $719 million Skillz ruling
03.08.26
|
Meir Orbach
The Israeli gaming company says the supervised payment arrangement will preserve its operations and protect creditors if the U.S. judgment ultimately stands.
Papaya ordered to pay $719 million in Skillz dispute as Israeli gaming company prepares appeal
28.07.26
|
Meir Orbach
The ruling follows an April jury decision that found Skillz suffered hundreds of millions of dollars in damages. Papaya said it was “deeply disappointed” and will continue pursuing its legal claims.
Is your solitaire opponent actually a bot?
14.01.24
|
Viki Auslender
A dispute between two gaming companies over a patent has turned into a criminal investigation and a lawsuit for running an illegal gambling business. The outcome may end up revolutionizing the competitive online gaming industry