Month: May 2022
Israeli mobile gaming developer Playtika, to lay off 250 employees
Playtika IPO Israeli mobile gaming company Playtika starting today with global layoffs, amidst worries that the world economy is approaching a recession. The company is focusing on game production facilities in Europe and North America, Israeli business newspaper Globes reported. The rise in interest rates and rampant inflation, along with the recovery from the COVID […]
Continue ReadingGantz: It is time to classify far-right groups La Familia, Lehava as terrorists
Flag March – Jerusalem Day/screenshot police spokesperson video “As defense minister, I believe that the time has come to consider terrorist organization designations for groups like La Familia and Lehava,” Defense Minister Benny Gantz stated after they were at the forefront of the violence and incendiary language during Sunday’s nationalist Flag March through the Muslim […]
Continue ReadingBeware of New Android Malware: ERMAC 2.0
ERMAC is back! So Android system users beware of ERMAC 2.0. According to Cyble Research Labs this is a new updated version of the Android Banking Trojan that was first discovered in late August 2021. EARMAC 2.0 endangers more than 400 different banking and financial apps, so Android users be afraid, be very afraid. As […]
Continue ReadingIsrael High Tech Scene May 21 – May 27
Tel Aviv at sunset, Israel Startup Israel New Startups / VC FundingStartup Semperis Raises $200+ Million For Cyber SecuritySemperis, an Israeli cyber security startup that offers identity-driven cyber resilience tech for enterprises, raised more than $200 million in a Series C round of funding led by KKR. Israel Startup Nation is big on cyber security. […]
Continue ReadingMichael Dell plays central role In Broadcom, VMware’s $61 Billion deal
Michael Dell – Twitter Broadcom will acquire VMware for $61 billion in cash and shares, depending on the closing price of Broadcom ordinary stock on May 25, 2022, the firms said on Thursday. The deal would be one of the biggest technology purchases in history. Just behind Microsoft’s $69 billion acquisition of Activision Blizzard, and […]
Continue ReadingStarkWare raises $100 million Series D at $8 billion valuation
Starkware founders L-R Uri Kolodny, CEO, and Eli Ben-Sasson, President. StarkWare builds technology to scale blockchain so it can be more widely used/Credit Natalie Schor In less than a year, the valuation of the Israeli startup StarkWare which provides scalability and privacy solutions for blockchain technology has increased fourfold. StarkWare has raised $100 million at […]
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