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24/7
Headlines
11:35
New startup Jeen.ai aims to simplify AI adoption with customizable GenAI solutions
10:22
Mitsubishi Motors chooses Israel’s C2A Security for its cybersecurity management solution
09:46
Intel races against time to complete layoffs amid financial losses
09:19
Full list of Israeli high-tech funding rounds in 2024
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1
Lusix lost $65 million as lab-grown diamond prices plummeted
2
Intel ends car leasing program in latest cost-cut
3
Israel urged to dump ‘Hasbara’, instead pivoting to highlight its place in the world
4
Intel shutting down startup accelerator Ignite amid massive cuts
5
The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success
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Meir Orbach
20 stories about Meir Orbach
New startup Jeen.ai aims to simplify AI adoption with customizable GenAI solutions
05.09.24
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Meir Orbach
Spun off from One Technologies, Jeen.ai offers businesses a fast track to AI-driven success.
Meta ends global AR chip development, shuts down Israeli operations
04.09.24
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Meir Orbach
The process of winding down its AR chip operations began in October of last year when Meta started laying off employees globally in this division.
Intel ends car leasing program in latest cost-cut
01.09.24
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Meir Orbach
The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.
Stratasys to lay off 15% of workforce as part of $40M cost-cutting plan
29.08.24
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Meir Orbach
Around 300 employees are set to leave the Israeli 3D printer manufacturer.
Inside the mind of Israel’s cyber queen: Tal Kollender’s unlikely path to success
29.08.24
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Diana Bahur-Nir , Meir Orbach
From a teenage hacker to the founder of GYTPOL, Kollender’s journey was anything but ordinary.
Intel's layoff plan enters new phase after voluntary retirement program closes
28.08.24
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Meir Orbach
With initial retirements complete, Intel focuses on additional layoffs and operational scaling.
Cisco to acquire Yaron Singer’s Robust Intelligence to enhance AI security
27.08.24
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Meir Orbach
Robust Intelligence’s platform offers protection for AI models throughout their lifecycle, from development to production.
Check Point acquires Cyberint in $200 million deal
27.08.24
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Meir Orbach
The Israeli startup specializes in threat intelligence, digital risk protection, and attack surface management, and Check Point plans to use its solutions to enhance its Security Operations Center. This marks Check Point's 22nd acquisition and the 10th Israeli company it has acquired in the last six years.
From OrCam to Verbit: Big Tech 50 reports the devaluation of leading Israeli startups
26.08.24
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Meir Orbach
Big Tech 50 limited partnership's H1 2024 report highlights widespread devaluation of Israeli startups due to the judicial overhaul and the war in Gaza. Verbit's valuation dropped from over $2 billion to $512 million, Trax's from $2.2 billion to $790 million, and OrCam's from $333 million to just $31 million
AI21 unveils upgraded long-context Jamba models for enterprises
22.08.24
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Meir Orbach
The new models aim to revolutionize AI capabilities for organizations with long context needs and include Hebrew and Arabic support.
Riding the V-Wave exit: Who are the big winners?
21.08.24
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Meir Orbach
The pharmaceutical giant Johnson & Johnson announced on Tuesday the purchase of the Israeli medical device company for up to $1.7 billion. BRM is the largest shareholder in the company and is expected to receive at least $100 million. The second largest shareholder is Pontifax VC of Tomer Kariv and Ran Nussbaum. Other notable investors include Ilan Grinboim and Prof. Benad Goldwasser.
Johnson & Johnson to acquire Israeli medical device maker V-Wave for up to $1.7 billion
20.08.24
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Meir Orbach
V-Wave's device is implanted in the heart through a minimally invasive procedure to help reduce heart failure and other events.
GM lays off dozens in Israel as part of worldwide job cuts
20.08.24
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Meir Orbach
The layoffs affect GM's critical software and services sectors, with a global impact.
Proptech startup Localize shuts down US operations amid real estate crisis
19.08.24
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Meir Orbach
The volume of real estate transactions in the US has decreased significantly in the last two years, leading to a reduction in the company's activities that provide data tools for apartment buyers and agents. However, sister company Madlan's activities in Israel will continue as usual.
Chip company Inuitive laying off 20% of workforce as CEO retires
15.08.24
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Meir Orbach
Inuitive, which focuses on 3D imaging, has raised approximately $200 million to date.
Blockchain risk management platform Chaos Labs raises $55M Series A
15.08.24
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Meir Orbach
The Israeli startup's technology has secured $765 billion in cumulative trading volume, $25 billion in loans, and $35 million in incentives.
The Israeli team that led cyber company Kiteworks to a $1B valuation and $456M funding round
14.08.24
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Meir Orbach
Less than $100 million of the current fundraising will go into the company, with the remainder being used to buy out veteran investors, making room for Insight Partners and Sixth Street Growth.
Element acquires Autofleet in $110 million deal
14.08.24
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Meir Orbach
The Israeli startup’s turn-key solution helps businesses launch, manage, and scale sustainable fleet operations globally.
Healthcare fintech PayZen raises $32M Series B and $200M in debt
13.08.24
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Meir Orbach
The Israeli startup has developed a fintech platform that allows hospitals to receive payment in advance for medical treatment invoices, thereby enabling patients to benefit from interest-free payment plans.
High-tech's growing influence: 36% of Israel’s income tax comes from tech workers
13.08.24
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Meir Orbach
Over a period of six years, nearly 100 billion shekels were collected from the income tax payments of high-tech employees.
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