Tech & Finance
Israeli tech, startups, markets, and the shekel economy.
The Democrats gave us the Highest Inflation in History, and the Highest Prices to go with it and, as soon as l came into Office, they…
The Democrats gave us the Highest Inflation in History, and the Highest Prices to go with it and, as soon as l came into Office, they started screaming, "AFFORDABILITY." They are the ones that created…
Examining the History of Israel-Sri Lanka Ties
Date palm trees are seen in the middle of the road in Kattankudy, Sri Lanka, June 11, 2019. Picture taken June 11, 2019. Photo: REUTERS/Alexandra Ulmer Sri Lanka’s earliest arms deal with Israel dates back…
TTM buys Ophir Photonics optics division for $650m
The deal does not include Jerusalem-based Ophir’s laser division, which will remain with MKS, nor does it include the sale of the Ophir brand
What is happening with the Israeli economy – CBS report
Israel's Central Bureau of Statistics (CBS) has revised upward its estimate of the pace of recovery of the national economy in the second quarter of 2026, returning to the initial figure of 15.4% on an…
Rub Your Eyes: You Won't Believe How Much Money Naftali Bennett Has
Economic commentator Evyatar Ben Porat presented on the program "The Analysts' Table" the figures behind the fortune of former Prime Minister Naftali Bennett • From multi-million-dollar exits, through an investment of 250,000 shekels that became…
Less than a week after the disaster: suspected leak of hazardous materials at Intel factory
Days after the nitrogen tank explosion in Kiryat Gat, in which Ilya Chechulin and Yakir Kosashvili were killed, a suspicion of a similar incident was reported. Workers say they were instructed to shelter inside the…
Arms deal worth $235 million: Elbit to supply rockets and launchers to European country
Elbit Systems announced a contract win worth $235 million to supply EXTRA-MR rockets and PULS launchers to a European country. The deal was signed as part of an agreement between the Israeli Ministry of Defense…
Controversial Acquisition of McDonald's Israel
A consortium of high-tech investors, led by Asaf Rappaport, has just finalized the acquisition of the McDonald's franchise in Israel, for an amount approaching one billion shekels. This major transaction, which comes shortly after the…
Right-wing activists affiliated with Otzma Yehudit invade Arab Joint List Tel Aviv headquarters
The Joint List said MK Ofer Cassif intended to contact the Tel Aviv District police commander that evening to demand the swift arrest and prosecution of those involved
Israeli-founded cybersecurity firm Varonis to be acquired by Proofpoint for $6.3 billion
Proofpoint agrees to acquire Israeli-founded cybersecurity company Varonis for $6.3 billion in cash, combining their data protection and AI security capabilities
Elon Musk on the development of artificial intelligence:
"You don't exactly program it. You kind of grow it like a kid. So then it's like, what values are we teaching it?" He added that the priority, in his view, is building a maximally…
President Trump: “Iran is a failed country. They have no economy. They have 300% inflation. They have no money. They're not paying their troops. They're not paying anybody. We'l…
President Trump: “Iran is a failed country. They have no economy. They have 300% inflation. They have no money. They're not paying their troops. They're not paying anybody. We'll make a decision on Iran very…
Israel’s capital markets are surging while domestic prosperity slips away
Israel’s innovation engine continues to generate global impact, yet the domestic financial system has not evolved at the same pace, creating growing pressure on Israel’s ability to retain economic value. Israel’s capital markets delivered exceptional…
The Houthis are behaving very badly. I thought they learned their lesson a year ago when we bombed the HELL out of them and, at their…
The Houthis are behaving very badly. I thought they learned their lesson a year ago when we bombed the HELL out of them and, at their request, stopped. They’ve been silent for a long time,…
Israel’s Economy Continues to Grow, Defying Three Years of War, Global Pressure
People sit at an outdoor restaurant where Israeli flags are displayed, amid the ongoing conflict between Hamas and Israel, in Tel Aviv, Israel, July 12, 2024. REUTERS/Eloisa Lopez Israel’s economy has shown a striking display…
For $650 million: The veteran Jerusalem optics company being sold
The Israeli optics and laser company Ophir Optronics, whose shares were previously traded on the local stock exchange, is being sold to the American technology company TTM • According to estimates, the deal was executed…
How Israelis can save on shopping – new discount program
The popular international marketplace AliExpress announced the official launch in Israel of the consumer club Elite, aimed at the most active buyers. The loyalty program is created for users whose annual spending on the platform…
Will it arrive before the elections? The tool we all needed is on its way to the iPhone
Tired of election-related spam calls? Apple is expected to introduce several upgrades to the Phone app that will put things in order for you • Here's how you'll filter calls from unknown numbers, get an…
Indictment against Israeli 'cyber expert': Paid hackers - and submitted to client a bill 18 times higher
Owner of MonsterCloud, Zohar Pinchasi, was brought in handcuffs to court in Brooklyn and charged with defrauding companies that hired his services precisely to avoid paying hackers who locked their files and demanded ransom. According…
Giant Exit: Israeli Cybersecurity Company Veronis Sold for $6.3 Billion
The cybersecurity company Veronis, founded by Israeli entrepreneur Yaki Faitelson, will be acquired by American information security giant Proofpoint in a cash transaction valued at approximately $6.3 billion. Shareholders will receive $49.75 per share, a…
A Rain of Billions …
A new spectacular success: The American giant Proofpoint buys the Israeli company Varonis, specialized in cybersecurity and artificial intelligence. The company employs 2,800 people, including 1,000 in Israel. Wiz, CyberArk, Varonis, Payoneer, D-Fend Solutions… The…
Flying cars: Tesla's new Roadster uses SpaceX thrusters to turn in the air, can drive upside down
The reveal gives Tesla a showpiece car after years of missed Roadster deadlines, but it comes as the company shifts its focus to self-driving technology and robotics
Report: Amazon in talks to acquire Israeli AI startup Decart
Amazon is reportedly negotiating a $7 billion acquisition of Israeli AI startup Decart, founded in 2023 and known for its real-time video editing technology
Mamdani turns a memorial into an indictment
Three years after Oct. 7, Hamas’s massacre of some 1,200 people and kidnapping of 251 hostages remains an open wound for grieving families. New York City Mayor Zohran Mamdani marked the anniversary with a statement…
Sheba to Join New Venture Capital Fund in Mental Health and Longevity
Esther Barak Landes and Adi Astori Metlon completed a first closing for Alma Ventures fund, which is expected to raise $40 million and invest in companies in the fields of mental health, cognitive health, and…
New Online Shopping Rules: Zara and Inditex Change Tariffs
Gottex Fashion, the company representing Spanish retailer Zara in Israel, is conducting a large-scale optimization of its retail network. The brand's flagship store at the Azrieli shopping center in Be'er Sheva has been closed. Additionally,…
Inflation moderating: Consumer Price Index fell by 0.5% in September
The Consumer Price Index fell by 0.5% in September, and the annual inflation rate moderated to 1.6% • Price declines were recorded in transportation, culture and entertainment, and food, but fresh vegetables increased by 6.6%…
September deficit reached NIS 10.1 billion; annual deficit remains at 3.2% of GDP
The Ministry of Finance published the budget execution data for September 2026, according to which the monthly deficit totaled approximately NIS 10.1 billion, compared to NIS 9.5 billion in September last year. The cumulative deficit…
Israel has defied all forecasts.
Almost double that of Turkey and the hostile state: Israel has defied all forecasts. The International Monetary Fund raises its growth forecasts for Israel to 4.5%, thus exceeding the estimates of the Ministry of Finance.…
LinkedIn unveils ranking of best Israeli startups of 2026, with cybersecurity, AI firms leading
The ranking included 15 Israeli companies with at least 30 employees and that were founded no more than seven years ago, LinkedIn explained
Kosher fast-food chain Zalman’s sold at NIS 7 million valuation
Kamari Retail Group to acquire 50% of Zalman’s for NIS 3.5 million as kosher fast-food chain plans to grow to about 40 branches nationwide
HOLD Feiglin says he reported threats from lecturer accused of plotting attacks on Israeli Arabs
Moshe Feiglin said on Monday that he and the Zehut Party leadership immediately contacted police after receiving extortion letters and threats from a university lecturer accused of plotting attacks against Israeli Arabs. “Immediately upon receiving…
Amnon Shashua’s doubleAI unveils code execution model
The model called Maxwell will help companies cut computing costs by reducing the need for expensive graphics processing units
Purchase of Israeli Apartments at 20% Discount: What Is Happening in the Market
Institutional players in the Israeli real estate market are taking advantage of a prolonged price decline not seen in a decade. Large investors are massively buying residential properties for rent, achieving discounts of up to…
So why did this dating app stock surge 56% in one day?
The dating app Bumble is being acquired by investment company Ithaca Holdings for $1.3 billion. The deal reflects an unusual 138% premium for investors, and led to a surge of more than 56% in the…
Israel's foreign exchange reserves dropped by $4.6 billion in September
The Bank of Israel announced that foreign exchange reserves fell by $4.6 billion in September, totaling $237 billion, or 34.2% of GDP. The main decrease came from a revaluation of reserves amounting to $4.4 billion,…
With defense-tech investment surging, INNOFENSE Cohort 7 opens
INNOFENSE is part of SOSA’s broader work connecting governments, defense organizations, industry leaders, start-ups, and investors to accelerate the adoption of emerging technologies.
Israeli startups star in “TIME” list of 2026’s 100 best inventions
Three Israeli startups have been listed in “TIME” magazine’s list of the 100 Best Inventions of the Year - SpotitEarly, Beewise, and Bria AI
Google launches free AI service: there is an unexpected nuance
Google has introduced a free application Google AI Edge Foresight, capable of recording, transcribing, and analyzing work meetings without an internet connection. The main feature of the development is that artificial intelligence processes information directly…
Meta Admits: Unusual Breach Exposed Personal Information of Thousands of Users
Meta announced that attackers exploited stolen login credentials of an employee to penetrate its internal code repositories on the popular GitHub platform • The bulk of the stolen information includes software code of the company's…
The price of the AI revolution? Sam Altman: 'We must accept that bad things will happen'
OpenAI CEO admits that alongside the revolution brought by artificial intelligence, there will also come scams, hacks, and abuses. According to him, one cannot demand zero risk while at the same time allowing the world…
Houthis threaten 'swift, painful' response if US assists Saudi strikes in Yemen
Additionally, authorities extended the closure of Riyadh's international airport until Saturday to "allow for the completion of procedures to ensure the safety of the airport."
France is burning, but still ranked above Israel: The gap emerging in the markets
Hundreds of thousands protested in France amid a political crisis and public debt approaching 120% of GDP • Within about a month, the price of French debt insurance nearly doubled, and is now higher than…
Israel's economy surprised with forecast after war spending
Despite spending 450 billion shekels to finance the war, Israel's economy is showing resilience and may accelerate growth next year. However, the country faces serious budgetary challenges, and preparing the financial plan for 2027 will…
Facebook will allow you to choose which videos you see in your Reels
Meta launches AI-based personalization tools on Facebook that allow users to define in their own words what they want to see in the feed and Reels • The system will analyze free-text instructions and change…
Over 700 researchers attend computer science conference at BGU, celebrating 'golden age' of tech
Mobileye CEO Prof. Amnon Shashua also attended the conference and delivered a guest lecture on the development of machine intelligence and its impact on scientists, researchers, and experts
Dan buys Jerusalem area bus co Tnufa for NIS 150m
Tnufa, the most complained about public transport company in Israel, brings with it some big headaches, but suits Dan's expansion plans
Israelis will receive up to 2 million shekels - who will get the money
The Israel Tax Authority has launched a pilot compensation program for business owners whose property was damaged as a result of actions related to extortion. The maximum payout for direct damage can reach 2 million…
AI-Era Divorces: When the Family Asset Is Built in Front of the Computer at Night
A recent ruling by the Central District Court clearly illustrates the change. The Family Court rejected a woman's claim that technology developed in her husband's company during the marriage was transferred to a new company…
Immigration Authority rejects German journalist's work visa application over anti-Zionist politics
"Anti-Israel actors and those who slander Israel should not set foot in the country. We will not tolerate calls for a boycott of Israel under the guise of professional journalism," he said
Israel Canada Shrinks: About 3 Billion Shekels Evaporated from the Biggest Merger in the Real Estate Sector
The weakness in the luxury apartment market, and in Tel Aviv in particular, exacts a price from the deal of the year in real estate: the Israel Canada–Acro merger now reflects a value of about…
Gas in Israel to Drop Sharply - When Prices Will Change
Gas prices in Israel may drop noticeably just days after a record increase. The cost of a liter of gas is expected to decrease by about 50 agorot — from the current 8.27 to 7.77…
Historic Reversal: Meta to Overtake Google in Advertising Revenue
New forecasts for 2026 anticipate a dramatic shift at the top of the global advertising market • For the first time ever, Meta (Facebook) is expected to overtake Google with revenues of $243 billion •…
Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
The US-Israeli-led war with Iran, now in its eighth month, and the inflation and hardship it has caused will dominate the agenda and sideline conversations during the annual meeting
The Genetic Diagnostics Stock That Jumped in Australia: "It's Hard to Raise Money for Biomed in Israel"
IdentifAI, which develops a genetic diagnostic test for the ninth week of pregnancy, raised about $7 million in Australia • Since the IPO last week, the stock has risen by 86%
Food prices in Israel may rise sharply - what will become more expensive first
In Israel, a new wave of food price increases may begin due to a sharp rise in global food prices. The categories most at risk are those whose cost depends on grain and imported raw…
Shooting himself in the foot? Broadcom CEO stirs uproar on Wall Street
The CEO of the chip giant warns against excessive expectations in the field of artificial intelligence and compares some investors to casino gamblers • Intel CEO Lip-Bu Tan also warned of a possible slowdown in…
Cryptocurrency trading under scrutiny as two Israelis face multimillion-dollar tax evasion probes
Two Israelis face separate investigations into suspected cryptocurrency tax evasion involving millions of dollars, with authorities seizing digital wallets, foreign currency, and a luxury car
20% surge in half a year: pharma sector profits from the free fall of chip stocks
The euphoria around artificial intelligence collided this week with the reality of interest rates and financing costs, wiping out about $2 trillion from the value of U.S. chip companies. While short sellers raked in over…
Travel has become too expensive — people found a replacement
If not long ago a simple trip to the cinema, bowling alley, or restaurant required only a free evening, now such entertainment increasingly requires a separate budget. In the US, the rapid rise in prices…
