Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

MagicJack Chairman Resigned, Vento May Replace Him

MagicJack VocalTec Ltd., whose founders invented the technology to make phone calls over the Internet, fell the most in two months in U.S. trading after Ilan Rosen resigned as chairman.

Shares of Netanya, Israel-based MagicJack slid 7.2 percent to $20.73 as of 2:52 p.m. in New York. They earlier lost as much as 9 percent, the most intraday since Feb. 1.

Rosen resigned as chairman of MagicJack as of April 1, and Gerald Vento, currently a board member, will probably replace him, Chief Executive Officer Dan Borislow said in a telephone interview. Rosen didn’t have any disputes with the company, Borislow added.

“Gerald has a tremendous amount of telecom experience,” Borislow said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.