Israel’s economy saw only 0.1% growth in August, worrying report says

The Melnick State of the Israeli Economy Index reported a modest 0.1 percent increase in August, reflecting the ongoing challenges faced by the Israeli business sector. This news follows a similarly disheartening Index in July, which also saw only a 0.1% increase. The report attributes this economic slowdown to a combination of global economic downturns […]

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Digma raises $6m. to make coding faster and more AI friendly

Israeli software start-up Digma has raised $6 million in seed funding for its recently launched “Continuous Feedback” platform, which aims to enable developers to continuously analyze their code to identify issues in real time, preventing bad code from making it to production and slowing down development. The new platform is emblematic of the emerging Continuous […]

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Israeli human resources company HiBob secures $150 mil. in extra funding

HiBob, an Israeli cloud-based human resources platform, has successfully raised an additional $150 million in capital for 2023, just 10 months after their last round of funding was secured, according to a statement released by the company. The company announced that they matched their 2022 amount last week, bringing the company’s capital total to about […]

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Michael Bloomberg outlines succession plan for media empire – NYT

Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying that his foundation Bloomberg Philanthropies will inherit it and then eventually sell it, the New York Times reported. The former New York City Mayor made the announcement at the Climate Summit hosted by the newspaper on Thursday. […]

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