The Tel Aviv District Planning and Construction Committee has announced its approval of the Hagag Group’s proposal to build a prestigious hotel on Herzliya’s marina. This new establishment is slated to boast 365 guest rooms, a conference center, a public restaurant, and spa facilities. Notably, the hotel will not offer holiday apartments for rent. Designed […]
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Engineers, transportation experts, and futurists all agree that vehicles – cars, trucks, buses, trains, and eventually even planes – will be autonomous and driverless. Now, a new measure for distinguishing between high- and low- confidence artificial intelligence (AI) decision-making by researchers at Bar-Ilan University (BIU) in Ramat Gan has been shown to significantly boost the […]
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After years of financial problems, downsizing, and dismissals, Israel’s multinational Teva Pharmaceutical Industries Ltd. has been named No. 19 among the top 20 best-earning pharmaceutical companies in the world. In 2022, Teva had revenues of $14.9 billion, which rose to $15.8b. last year. It has long specialized in generic drugs, but it has had some […]
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Each spring, Jewish families worldwide sit down for their Passover Seders. A highlight of the event is reading the Four Questions. Against the backdrop of recent challenges, including the aftermath of the October 7 Hamas massacre and economic uncertainties marked by rising inflation and interest rates, there are signs of optimism in the Israeli high-tech […]
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Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack, the US Missile Defense Agency said on Monday. The interceptor program is aimed at defeating current ballistic missile threats and future technological advances from countries including North […]
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The Israel Space Agency (ISA) signed a Memorandum of Understanding with the US organization Space ISAC in the field of space cyber during the Space Symposium in Colorado, the ISA said in a statement Monday. The deal, signed by ISA director Uri Oron and Space ISAC Board of Directors chairman Samuel Visner, will help promote […]
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The Tel Aviv Stock Exchange closed high Sunday afternoon after a slight drop earlier in the day. The market opened slightly high Sunday morning before falling modestly in what was a largely calm day, following the huge Iranian attack on Israel in the early hours of Sunday morning. Hundreds of drones and missiles were launched […]
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Pelephone launched a new 5G MAX network package for the first time in Israel, allowing some internet speeds to reach 6 GB, the company announced on Wednesday. The new network’s core was established with a NIS 50 million investment and the company said that it may assist Israel during times of emergency. Customers are […]
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Meta announced new tools on Thursday which aim to combat sexual extortion and image-based abuse on its Instagram platform. A new setting on Instagram DMs will blur photos which it identifies as containing nudity, the company said. The feature will be automatically turned on for users under age 18 while adults will be able to […]
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What is known worldwide as the “Nobel Prize of Computing,” the A.M. Turing Award for 2024 will be granted to Prof. Avi Wigderson, a graduate of the Henry and Marilyn Taub Faculty of Computer Science at the Technion-Israel Institute of Technology in Haifa. The award is an annual prize given by the ACM (the American […]
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