Category: Business

Daniel Nave always had a love for sharp things. As a kid, his “great knife collection” included “swords, axes, and everything in between.” Now 31, the namesake of Nave Knives is one of the only handmade artisan chef knife-makers in Israel, and from his studio on Kibbutz Gesher Haziv, outside Nahariya, he is fashioning the […]

X (or Twitter) CEO Elon Musk tweeted on Friday saying that users will no longer be able to block other users on the social media platform. “Block is going to be deleted as a ‘feature,’ except for DMs,” he tweeted. “It makes no sense.” Musk however stated that “you will still be able to mute […]

US chipmaker Qualcomm will have to seek EU antitrust approval for its planned takeover of Israeli auto-chip maker Autotalks even though the deal is below the European Union’s turnover threshold, EU regulators said on Friday. The European Commission cited the importance of the deal to original equipment manufacturers and others who need access to vehicle-to-everything […]

At 5:40 am on Friday morning, history took place as the Tel Aviv Light Rail began operating for the first time. An estimated 234,000 passengers are expected to ride the rail daily on the Red Line, which spans 24 km. Once up and running fully, the light rail is expected to connect Petah Tikva to Bat […]

Scott Galloway, a professor at New York University, was locked out of X, formerly known as Twitter, after declining a meeting with Elon Musk, US media reported. Galloway, a marketing expert and professor, as well as an author and public speaker, was locked out of his X account after a disagreement with the Twitter owner. […]

Israel is set to bolster its position in the fields of artificial intelligence and supercomputing with a strategic investment by the Israel Innovation Authority (IIA). An allocation of up to 30 million NIS will fund the establishment of a state-of-the-art Research and Development (R&D) Lab, aimed at providing crucial infrastructure and support to companies and […]

Israel Aerospace Industries (IAI) had its most profitable half-year term in the company’s history in 2023, according to an IAI statement published on Wednesday.  The company boasted a 28% increase in net income in the first half of 2023 compared to the same time frame in 2022. Gross profit increased by $29 million in 2023 […]

The Consumer Price Index (CPI) for July 2023 experienced a modest increase of 0.3%, according to the most recent data from the Central Bureau of Statistics (CBS). Over the past year, the index has seen a notable surge of 3.3%. Although not a part of the CPI, housing prices also revealed interesting dynamics, with a […]

Intel Corp. will drop its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd. once their contract expires later on Tuesday without regulatory approval from China, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the […]

In an era dominated by digital connectivity, the question arises: Is the Internet still a realm of reality? The increasing prevalence of bots has sparked curiosity and concern. What exactly are these bots, and how do they shape our online experiences? An Internet bot, commonly referred to as just a bot, is a software application […]