Following years of severe disruption to Israel’s tourist industry, by the Covid-19 pandemic and by…
Category: Venture Capital
Former Nice CEO Barak Eilam to chair UK fintech co
Nearly two years have passed since Barak Eilam stepped down as CEO of Nice (TASE:…
AI-based workspace startup Zenzap raises $44b
Zenzap, developer of an AI-based collaborative workplace environment (Multiplayer AI), has raised $44 million in…
Ya’akov Shahar puts Maccabi Haifa up for sale
After 35 years of owning Maccabi Haifa, during which he led the club to achievements…
Elbit Systems building European LWS production center
Elbit Systems (TASE: ESLT; Nasdaq: ESLT) shares are surging by nearly 8% on the highest…
Gov’t diverts NIS 1b from Arab society to defense
The government approved an across-the-board budget cut today (Wednesday) totaling approximately NIS 2.6 billion to…
Employee evaluation co Pilat Group to list in Canada
An Israeli company is heading to the Canadian stock market: Pilat Group, active in employee…
Smotrich slams Apache deal – Globes
After the government approved an urgent NIS 1 billion defense procurement deal for Apache helicopters…
New Herzliya-based co aims to shake up AI chip market
Axonica Labs, a chip company founded last June in Herzliya Pituah, is arousing great interest…
Ayalon eyes CAL acquisition – Globes
The sale of CAL Israel Credit Cards to the Union-Harel group for NIS 4 billion…
Shashua: Israel must invest in AI infrastructure to compete
“There is a significant, fundamental difference between the traditional high-tech industry and the era of…
Who will occupy the old office towers?
Tel Aviv’s skyline is rapidly changing as new office towers go up one after another.…
Doral to expand Israel’s largest solar power plant
The expansion of the company’s Hadarey Shean project will utilize agrivoltaic technology. At…
Israel in standoff with Dubai over resumption of flights
An Israeli delegation headed by Minister of Transport Miri Regev and including various security personnel…
CrowdStrike buys Israeli-German co XM Cyber’s IP
Israeli-German cybersecurity company XM Cyber, among the founders of which was former Mossad chief Tamir…
Treasury plans spending cut to fund increased defense budget
The Ministry of Finance is preparing an across-the-board cut in government spending even before the…
Ondas, Palantir launch joint AI company
Defense technology company Ondas and American software giant Palantir Technologies today announced the founding of…
Dudu Ezra completes NIS 680m acquisition of Stop Market
The Shuk Herzl chain, owned by Dudu Ezra Holdings and Marketing, has completed the acquisition…
Israel’s fiscal deficit narrows, thanks to Nvidia
The Israeli economy’s dependence on technology giant Nvidia is rising. The company not only rescued…
Salesforce buys Israeli AI company Loops
Loops, which has developed a platform for explaining changes in enterprise performance and suggesting action, will…
Microsoft cutting R&D jobs in Israel
US software giant Microsoft is carrying out a global restructuring that is impacting its activity…
Smotrich opposes plan to hike tax on tech workers’ options
Minister of Finance Bezalel Smotrich opposes reported proposals by the special team formulating reform of…