Category: Business

Credit card spending in Israel has grown in recent months, with a 7.2% jump in May 2023 in comparison to May 2022, according to data from Sheba Automated Bank Services. According to the data, total expenses amounted to NIS 40.942 billion, a marked increase of 9.2% compared to April. In addition, the average daily expenditure […]

One of Israel’s leading organic soda brands, Growper, is set to make its debut in the Netherlands, marking a significant milestone in the company’s expansion strategy as well as a strong step toward stronger Israel/Netherlands business ties. In order to finance the expansion, Growper launched a successful crowdfunding campaign, relying on the strength of its […]

Jerusalem Venture Partners (JVP) and Margalit Startup City New York announced a new “ClimateTech insurance” collaboration with the corporate venture arm of Australia and New Zealand’s largest general insurer, IAG Firemark Venture, to develop technologies and discover startups that could measure and mitigate climate change risks. “As extreme weather conditions and climate change are increasingly […]

The largest US-based Israeli-owned bank is launching a project to support Israeli Defense Force (IDF) veterans experiencing Post Traumatic Stress Disorder (PTSD) following active military service – in cooperation with an Israeli NGO. IDB Bank (IDB), a New York-based private and commercial bank, has partnered with Israeli nonprofit organization Invisible Album to raise both awareness […]

Global cyber threat intelligence data provider Cybersixgill has introduced “Cybersixgill IQ,” a generative artificial intelligence solution that marks a significant breakthrough in the field of cyber threat intelligence (CTI). Leveraging the company’s deep and dark web data, as well as Open Source Intelligence (OSINT) and contextual information about organizations’ attack surfaces, Cybersixgill IQ stands out […]

A Twitter video app for smart TVs is in the social media company’s plans, owner Elon Musk said in a tweet on Saturday, a move that would be in line with the company’s new plans to focus on growing video content on the platform. In response to a tweet suggesting that a Twitter video app […]

An Israeli court has ruled that if a foreign group buys the shares of an Israeli tech start-up, strips out the IP (intellectual property) and terminates the Israeli company, the company must pay tax on the IP stripped out (Medtronic Vs. Kfar Saba Assessing Officer, District Court Civil Appeal 31671-09-18, June 1, 2023). This is […]

Over the years, our use of WhatsApp has extended beyond conversations with friends and family, and nowadays, it also serves as a platform for quick media transfer. Along with the convenience, the main issue is that images sent through the messaging app undergo compression to reduce file size, which often results in a significant loss […]

The high turnover of employees has become a significant issue in the employment market, and the problem begins during the job interview. Here are questions you should ask, and the answers that should raise a red flag for you. Ran Tzur and Gideon Tamar, mentors for managers and organizations, say that managers need to ask […]

Elbit Systems unveiled new products to counter drone threats and anti-aircraft missiles on Thursday ahead of the Paris Airshow which begins next week. The Israeli defense electronics company revealed a new Electronic Warfare (EW) capability which uses the digital radar warning receiver, part of Elbit’s self-protection EW suite, to enable the detection and identification of […]