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ISRAEL AT WAR - DAY 254
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Tech
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Startups • Innovation • Business
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Reporter's notebook
Modern Robin Hood with a social justice mandate helps returnees on path of renewal
By
Sharon Wrobel
During war, Social Delivery collects unwanted surplus from retailers and offices of tech firms and disperses the goods ranging from clothes to furniture to Gaza border communities
French court bans reps of Israeli defense firms from attending Paris arms show
By
ToI Staff
and
Lazar Berman
A French district court has ruled that organizers of the Eurosatory 2024 defense and security trade show must ban anyone working for or representing Israeli firms from participating in the event. The French Defense Ministry last month ordered Coges Event to ban the Israeli defense industry from setting...
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France bans Israeli defense firms from prestigious arms show amid Gaza ceasefire call
By
Agencies
and
ToI Staff
El Al scraps post-Oct. 7 discount for shipping donated gear, quadrupling cost
By
Asaf Elia-Shalev
National carrier complains ‘we weren’t making money off this program’ as IDF battlefield commanders and logistics officers reject its claim there are no longer equipment shortages
El Al posts record profit as foreign carriers stay away and public pays sky-high fares
By
Sharon Wrobel
Barclays bank pulls out of UK music festivals after boycotts over Israel ties
By
AFP
and
ToI Staff
Barclays said Friday it has suspended its sponsorship of several leading UK music festivals, after an artist-led backlash over the bank's provision of financial services to defense companies supplying Israel. The British bank revealed it had been asked by United States entertainment giant Live Nation to "suspend participation" in its remaining 2024 festivals,...
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Intel suspends planned $15 billion expansion of southern Israel chip plant
By
AFP
Chip giant makes no link between war in Gaza and decision to freeze extra investment in factory being built in Kiryat Gat, says it remains ‘fully committed’ to the region
Tel Aviv moves up to 4th place in annual ranking of global tech ecosystems
By
Sharon Wrobel
In a year of political unrest and ongoing war, city climbs 1 spot in annual Startup Genome survey ranking; Silicon Valley retains top spot followed by a tied New York and London
Smotrich pushes agenda for two-day ‘marathon discussions’ to draft 2025 budget
By
Sharon Wrobel
Finance Minister Bezalel Smotrich on Sunday demanded two days of “marathon talks” be held next week to help draft the 2025 budget outline, with the country’s finances getting dented by the costs of war with the Hamas terror group. In a letter addressed to the treasury’s budget head...
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Colombia says it will halt coal sales to Israel over war in Gaza
By
Agencies
and
ToI Staff
Colombian President Gustavo Petro announced on Saturday that his country will suspend coal exports to Israel over the war against Hamas in Gaza, with relations souring between two countries that were once close military and commercial allies. Petro wrote on the social media platform X that coal exports...
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Reservists’ spouses feel ‘vacuum’ of absence as households come under strain
By
AFP
and
ToI Staff
Like other spouses of army reservists, Sagit Bachner has faced both emotional strain and financial difficulty since her husband was called up to fight the day after the October 7 massacre. "Suddenly there was a vacuum, like everything was really on me," said Bachner, 37. "I had to be the mom, the dad, the...
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German software giant SAP inks deal to buy Israel’s WalkMe for $1.5 billion
By
Sharon Wrobel
German business software maker SAP has inked an agreement to buy Israel’s WalkMe Ltd., a developer of a digital adoption platform, in a deal worth $1.5 billion. Under the terms of the agreement, SAP will pay $14 per share in an all-cash transaction, or a total equity value...
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Suing Meta, engineer claims he was fired over handling of Gaza content
By
Reuters
and
ToI Staff
Ferras Hamad alleges he was terminated because he fixed a bug that was causing the suppression of pro-Palestinian posts
US airlines set to resume Israel flights after pauses due to October 7, Iran attack
By
ToI Staff
United Airlines and Delta Airlines are set to resume flights to Israel this week, after long pauses in service due to the ongoing war with Hamas since October 7 and Iran's unprecedented drone and missile attack in April. Israel’s flag carrier El Al has been one of the only airlines with regular flights...
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Israel innovation head urges state to insist on stimulus for vital tech industry
By
Sharon Wrobel
AI boom may leave Israel behind due to shortage of funds and talent, report warns
By
Sharon Wrobel
After year and a half, Smotrich names new head of capital markets regulator
By
Sharon Wrobel
After about a year and a half, Finance Minister Bezalel Smotrich has named Amit Gal as Israel’s new capital markets, insurance, and savings commissioner. Gal, who has been serving as acting commissioner of the capital markets, insurance, and savings authority since October 2022, previously was senior deputy commissioner responsible for reinsurance, risk management,...
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Due to war, UK’s Pret A Manger sandwich and coffee chain scraps planned Israel entry
By
Sharon Wrobel
British coffee and sandwich chain Pret A Manger canceled a franchise agreement with Israeli partners to open its first branch in the country due to the ongoing war with the Hamas terror group. The coffee chain was set to open at least 40 cafes in Israel over the next decade. The decision comes...
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Online watchdog prods platforms to tackle posts denying sexual assault on Oct. 7
By
Sharon Wrobel
Antisemitism monitor CyberWell says social media moderators are not doing enough to remove content that casts doubt on credible accounts of rape and other Hamas atrocities
'Aramaic is a complex collection of various dialects'
Rashi was right: Machine learning confirms unique status of some Talmudic tracts
By
Gavriel Fiske
New study shows that the ‘special tractates’ of the Babylonian Talmud have distinct linguistic features, as commented on by medieval sages
Bank of Israel chief warns war against Hamas will cost $67 billion in 2023-2025
By
Sharon Wrobel
and
Reuters
OpenAI says it disrupted covert influence operation by Israeli firm STOIC
By
AFP
Company behind ChatGPT also accuses Russia, China and Iran of using artificial intelligence models to carry out deceptive activities online
Reporter's notebook
Fallen pieces of Iron Dome and Hamas rockets are on display
Sderot ag-tech incubator becomes an unlikely oasis in the Gaza border warzone
By
Maya Zanger-Nadis
NatureGrowth creates free public coworking space amid post-October 7 chaos, providing quiet respite for IDF soldiers, police officers, reservists and civilians
All
(12,275)
Israeli startups
(2,479)
cybersecurity
(605)
business in Israel
(495)
Israeli economy
(375)
June 15, 2024, 12:45 pm
Modern Robin Hood with a social justice mandate helps returnees on path of renewal
During war, Social Delivery collects unwanted surplus from retailers and offices of tech firms and disperses the goods ranging from clothes to furniture to Gaza border communities
By
Sharon Wrobel
June 11, 2024, 12:42 pm
Intel suspends planned $15 billion expansion of southern Israel chip plant
Chip giant makes no link between war in Gaza and decision to freeze extra investment in factory being built in Kiryat Gat, says it remains ‘fully committed’ to the region
By
AFP
June 10, 2024, 7:06 pm
Tel Aviv moves up to 4th place in annual ranking of global tech ecosystems
In a year of political unrest and ongoing war, city climbs 1 spot in annual Startup Genome survey ranking; Silicon Valley retains top spot followed by a tied New York and London
By
Sharon Wrobel
June 9, 2024, 7:12 pm
Smotrich pushes agenda for two-day ‘marathon discussions’ to draft 2025 budget
Finance minister orders treasury to engage next week in swift budget talks, which typically take two months, to help put the war-battered economy on a path to growth
By
Sharon Wrobel
June 5, 2024, 7:23 pm
German software giant SAP inks deal to buy Israel’s WalkMe for $1.5 billion
SAP says acquiring platform will complement its business management portfolio and help customers in the digital transformation of their business and operations
By
Sharon Wrobel
June 4, 2024, 3:06 pm
After year and a half, Smotrich names new head of capital markets regulator
Finance minister selects Amit Gal, who has served as acting chief of the capital markets and savings authority since October 2022, to oversee NIS 2.5 trillion in public savings
By
Sharon Wrobel
June 4, 2024, 6:03 am
Israel innovation head urges state to insist on stimulus for vital tech industry
More funds needed in 2025 to stimulate investment and protect resilience of tech sector, the main growth engine of war-battered economy, Israel Innovation Authority says
By
Sharon Wrobel
June 2, 2024, 6:58 pm
Due to war, UK’s Pret A Manger sandwich and coffee chain scraps planned Israel entry
Israeli retailer Fox-Wizel, which was slated to open 40-plus cafes across country, says the coffee chain canceled the franchise, citing the war as a force majeure event
By
Sharon Wrobel
June 2, 2024, 4:35 pm
Online watchdog prods platforms to tackle posts denying sexual assault on Oct. 7
Antisemitism monitor CyberWell says social media moderators are not doing enough to remove content that casts doubt on credible accounts of rape and other Hamas atrocities
By
Sharon Wrobel
May 30, 2024, 6:08 pm
Bank of Israel chief warns war against Hamas will cost $67 billion in 2023-2025
Amir Yaron says conflict in south, north a ‘budgetary burden,’ IDF shouldn’t get ‘blank check’ for permanent outlays; Smotrich, Gallant agree on panel to review defense spending
By
Sharon Wrobel
and
Reuters
May 29, 2024, 10:02 pm
El Al posts record profit as foreign carriers stay away and public pays sky-high fares
Israel’s flag carrier gains from being the only airline flying in and out of Tel Aviv on many routes as foreign carriers are sluggish to resume services amid Gaza war tensions
By
Sharon Wrobel
May 28, 2024, 8:43 pm
130 senior economists warn that lack of Haredi enlistment leading country to ‘abyss’
Group alerts lawmakers that the exemption from conscription alongside the funding of religious educational institutions threatens Israel’s existence
By
Sharon Wrobel
May 27, 2024, 7:06 pm
Bank of Israel leaves lending rate at 4.5%, as inflation and war uncertainty ramp up
Central bank has kept rate steady since cutting it in January; says it expects the deficit to rise due to war costs, pushing the state to make budgetary cuts and raise taxes
By
Sharon Wrobel
May 27, 2024, 6:39 pm
Envoy to Ireland, recalled amid Palestinian state row, warns tech industry may suffer
Israeli workers looking to relocate from emerald isle as Dublin recognizes Palestinian state, putting possible dent in countries’ robust IT trade relations, says Dana Erlich
By
Reuters
and
ToI Staff
May 23, 2024, 7:58 pm
Leviathan partners ink $650 million natural gas deal to supply Eshkol power plant
The new contract is for the supply of natural gas to operate the Ashdod-based power plant owned by private Israeli electricity producer Dalia Power Energies
By
Sharon Wrobel
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