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Business
AP says 'did not control actions' of journalists who photographed Oct. 7 horrors
AP and Reuters news services request dismissal of lawsuit seeking 25 million shekels for using photos taken during the October 7 massacre by Palestinian freelancers who reportedly had ties to Hamas
Lital Dobrovitsky
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00:29 | 07.26.24
Israir looking to schedule flights to Thailand, New York
Company officials approach Airbus in bid to purchase aircraft to facilitate long flights, aiming to resurrect competition in the sector
Navit Zomer
|
18:01 | 07.25.24
Applied Systems acquires Israeli startup Planck in deal worth about $300 million
Plank is developing an AI-based platform for collecting data and public business information for commercial insurance companies; As part of the deal, the insurance software giant Applied Systems will establish a development center in Israel
Meir Orbach, Calcalist
|
21:40 | 07.23.24
Energy drink maker faces class action in US over alleged addictiveness
Lawsuit filed against Feel Free manufacturer Botanic Tonics for misleading advertising, failing to disclose drink's potential risks and addictive properties, as well as high kratom concentration
Ynetnews
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14:12 | 07.23.24
Tel Aviv Stock Exchange drops following Houthi retaliation threat
Following Houthi threats of retaliation after Israel's air strike in Yemen, Tel Aviv Stock Exchange records sharp declines
Gad Lior
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15:37 | 07.21.24
Amdocs to slash workforce by 3,000 in latest round of layoffs
Software giant aims to reduce workforce by up to 10% in order to 'adjust operations'; many of company's Israeli employees estimated to be affected
Meir Orbach/Calcalist
|
10:02 | 07.19.24
Tesla Cybertruck registration blocked because vehicle is bulletproof
Transportation Ministry orders licensing offices not to accept registration for imported Tesla electric pickup truck Cybertruck model due to bulletproofing feature; There is only one in the country so far; Special approval to drive bulletproof vehicles
Tomer Hadar/Calcalist
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22:21 | 07.18.24
The surprising Israeli investors who are cashing in on Google's Wiz deal
While Israel's cybersecurity sector is abuzz with the largest upcoming exit deal in the country's history, some are set to profit more than others
Sophie Shulman, Meir Orbach/Calcalist
|
07:15 | 07.18.24
LinkedIn Israel executive: 'AI isn't just a buzzword, it's a tool that can enhance your career trajectory'
Tal Shtainman shares AI insights and career tips with English-speaking professionals at Tel Aviv event, highlighting how AI is set to become a crucial tool for job seekers in the near future
Marc Faust
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23:43 | 07.17.24
Not just Wiz: Investments in Israeli cybersecurity companies soar
Startup Nation Central report shows Israeli cybersecurity transactions totaled $1.5 billion in the first half of 2024, comprising 35% of the exits during this period. Overall, the sector reached $5.1 billion, a 31% increase
Israel Wullman
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12:59 | 07.17.24
Renewable energy firm SolarEdge cuts 400 job, 200 in Israel
Company announces second wave of layoffs this year after economic challenges due to rising US interest rates and inventory buildup in Europe
Adiel Eithan Mustaki
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17:45 | 07.15.24
Wiz acquisition offer is a show of trust in Israeli high-tech
Analysis: Google's offer to acquire Israeli-founded cloud security company could become the country's largest deal in history, invigorating the market for foreign investors
Tal Giladi
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11:54 | 07.15.24
Google in advanced talks to buy Israeli company Wiz for $23 billion
Google parent company Alphabet nearing largest-ever deal with Israeli cybersecurity startup, Wall Street Journal reports; prospective deal set to smash Israeli records; sources familiar with matter say deal may close soon
News agencies
|
22:10 | 07.14.24
Taiwan set to dominate surge in millionaire growth
Top two global millionaire hubs US and mainland China expected to see 16% and 8% growth, respectively, over next five years
Ynetnews
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17:17 | 07.14.24
Cellphone service will fail in war with Hezbollah, companies warn
The Communication Ministry offers incentives for companies providing cellphone services to upgrade their infrastructure so that they may remain operational incase of power outages for up to 12 hours
Adiel Eithan Mustaki, Yuval Azulay
|
11:47 | 07.14.24
Smart 3 electric SUV more impressive than previous model, with some exceptions
Chinese auto manufacturer's new car makes significant improvement over the Smart 1 model, leading to comfortable driving but lacking in other aspects
Noam Rhein
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18:41 | 07.11.24
Bringing all of Jerusalem’s young professionals together
Jerusalem Business Overview event brings together young local entrepreneurs and provides them a platform to grow with leading industry officials
Marc Faust
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17:08 | 07.11.24
Lionel Messi's meme magic sends cryptocurrency soaring 350%
Argentinian soccer legend posts on Instagram image featuring himself with drawing of a glass of water - the mascot of the meme cryptocurrency WATER
Calcalist
|
23:56 | 07.10.24
Israel moves to ban direct imports from Turkey amid tensions
Draft resolution handed to ministers proposes complete ban on direct imports of goods from Turkey, following Turkish goods boycott declared by Erdoğan in May; proposed measure would not prevent import of Turkish products but would only prohibit direct imports from Turkey
Yuval Sade
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19:46 | 07.10.24
Texas-based company launches ammo vending machine, flooded with orders
Vending machine uses AI, facial recognition, ID verification and card scanning to confirm buyers are over 18 (or 21 in some cases) before dispensing ammunition
Ynetnews
|
20:46 | 07.09.24
Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes
Guilty plea potentially threatens the company's ability to secure lucrative government contracts with the likes of the US Defense Department and NASA
Reuters
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15:09 | 07.08.24
Optimism on the Tel Aviv Stock Exchange as leading indices soar
Despite heavy shelling in the north, progress in negotiations toward a hostage deal and cease-fire sparked a sharp rise in the local stock market, which closed with significant gains
Gad Lior
|
22:41 | 07.07.24
Xpeng G6 arrives in Israel to dethrone Tesla Y
According to documents submitted by importer, Chinese automaker's electric SUV making Aliyah and expected to take bite off Tesla's market share
Tamar Hadar
|
08:30 | 07.04.24
What can you find at the world's biggest Starbucks?
The summer menu features specialty coffees, and handcrafted cocktails like the Pineapple Rum Float and Whiskey Barrel-Aged Malt
Ynetnews
|
02:37 | 07.03.24
Margot Robbie's sprawling businesses
Robbie married Tom Ackerley in 2016. The couple co-own LuckyChap Entertainment, which has produced films like 'I, Tonya', 'Saltburn', and 'Barbie', earning over $1.445 billion worldwide
Ynetnews
|
02:21 | 07.03.24
Wolt Israel General Manager promoted to company's global management
Lior Eshkol will oversee strategic markets worldwide, including Israel; under her leadership in the past 4 years, Wolt's operations grow, extending across Israel
Navit Zomer
|
22:01 | 07.01.24
Can the Volkswagen ID.5 beat the competition: A test drive
Nearly three years after its debut, the stylish Volkswagen ID.5 is finally arriving in Israel - How does it differ from the ID.4 and does it stand a better chance against competitors? We took it for a first drive on local roads to find out
Noam Rayen
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21:07 | 07.01.24
McDonald's plant-based burger sales disappoint, US national rollout in doubt
American consumers opt for more affordable options, like chicken, over plant-based products, company says
Ynetnews
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18:56 | 07.01.24
Why did Israeli stock explode following electricity chief's faux pas?
Shaul Goldstein, CEO of Israel's Independent System Operator, said that Israel's electrical system is unprepared for a real war, leading to a 12% surge in Phinergy stock following a recent deal with the Israel Electric Corporation
Navit Zomer
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07:09 | 07.01.24
While working for FBI Israeli builds online criminal syndicate
Gery Shalon extradited to US after hacking JPMorgan becomes federal informant helping take down Russian crime gangs in exchange for light sentence; now European law enforcement says he is involved in massive online fraud
Rephael Kahan
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14:10 | 06.29.24
Big spaces, bigger dreams: the city taking over Tel Aviv's real estate crown
Most Israelis opt for 3-bed units CBS data shows; A survey of the first quarter of 2024 shows most larger 4, 5, bedroom apartments are being built in the less expensive city of Lod while high costs prompt developers to offer smaller homes in Tel Aviv
Hila Tsion
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11:33 | 06.29.24
Tax changes for immigrants and repatriates: Israel’s new reporting obligations explained
Israel's latest tax ordinance amendment introduces new reporting obligations for newcomers and returnees, effective from 2026; changes aim to ensure transparency and compliance, impacting individuals benefiting from 10-year benefits period
Amit Gottlieb, Dvir Saadia
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13:26 | 06.28.24
Yogurt makers see US sales rise, driven by weight-loss drugs revolution
Ozempic revolution negatively impacts market value of food and drink companies while creating opportunities for those offering low-sugar, high-protein and nutrient-rich products
Ynetnews
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21:58 | 06.27.24
Israeli importer sounds alarm on lagging US military supplies
Company owner says US Department of Defense delayed export licenses for military equipment for months; adding that even British and Chinese manufacturers refused to supply
Navit Zomer
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20:33 | 06.27.24
XPeng G6 making its way to the top: a driving test
Chinese automaker introduces 3rd model in Europe and, in about a month, in Israel, targeting hottest category in EV market; first drive suggests it could be the big surprise of 2024
Noam Rayen
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00:01 | 06.27.24
eBay fires dozens of Israeli workers in second layoff round
US retail giant says cuts come amid comprehensive global overhaul; move marks second layoff wave in country
Meir Orbach/Calcalist
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23:24 | 06.26.24
Bugatti unveils new supercar: 1800 hybrid horsepower and a $4 million price tag
After nearly a decade, Bugatti unveils the Tourbillon, the successor to the Chiron, considered one of the fastest cars in the world, featuring a new and unique gasoline engine, electric assistance and a promise of insane performance
Nir Ben Zaken
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16:19 | 06.24.24
The rise of Quiet Vacationing: 37% of millennial workers have taken a secret vacation without informing their bosses
Some employees simulate keyboard activity or use "mouse jigglers" to give an impression of active work. Wells Fargo fired over a dozen employees for such practices
Ynetnews
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03:56 | 06.24.24
Sales of luxury handbags, shoes slowing down, and 'luxury shame' is also to blame
The post-pandemic surge in global sales of luxury handbags, shoes, and apparel is set to stall this year
Ynetnews
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05:05 | 06.21.24
Former employee sues Musk's brain-chip company saying scratched by Herpes-infected lab monkey
Former employee files lawsuit accusing Neuralink of wrongful termination, gender discrimination, retaliation and hostile work environment with blame, shame and impossible deadlines
Ynetnews
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20:40 | 06.18.24
Clothing retailers say weight-loss drugs created unprecedented demand for smaller sizes in US
Retailers, like Rent the Runway, Amarra and Lafayette 148, experiencing unprecedented demand for smaller sizes, with customers experimenting with new, more body-hugging and risqué styles after weight loss
Ynetnews
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20:37 | 06.18.24
Chinese flagship luxury SUV EL8 to arrive in Israel
Car maker expands its market to Europe, Israel in an ambition to compete with German luxury manufacturers, thus far with limited success due to price
Noam Rayen
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11:44 | 06.18.24
Israelis made to commit to no cooperation with arms sales, in Paris show
Only Israeli visitors to Eurosatory 2024 were made to sign a document hastily prepared by organizers after a French court's ruling bans Israeli companies over alleged war crimes; organizers apologize and point out they've appealed the ruling
Tamar Sebok, Itamar Eichner
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08:48 | 06.18.24
Eurosatory arms exhibit opens, as Israeli pavilion turns to café area amid ban
French court orders exhibition organizers to ban all Israeli representatives, and companies were instructed not talk with Israeli visitors; Outside the event pro-Palestinian protest held
Tamar Shevek
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23:03 | 06.17.24
Euro and dollar strengthen against shekel as no end of war in sight
Euro trades above 4 shekels, while dollar rises to 3.73 shekels amid growing concerns that a hostage deal and a cease-fire in Gaza are becoming less likely, along with fears of intensified war in the north
Gad Lior
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19:26 | 06.17.24
Gen Z stock traders embrace astrology to navigate financial markets
Growing number of young investors rely on astrology, tarot cards, lunar cycles and intuition to guide their day trading decisions
Ynetnews
|
16:44 | 06.17.24
Mark Zuckerberg plans an 11-building complex at Lake Tahoe
The plans include a 20,000-square-foot main residence, guest houses, a lakeside spa and gym, a security gatehouse, storage sheds, a home office, and a cottage. Landscaping elements in the plan include mulch trails, bridges, fire pits, and stone walkways
Ynetnews
|
03:26 | 06.17.24
Jerry Seinfeld roasts anti-Israel heckler during show
During Jerry Seinfeld's performance in Sydney, Australia, an audience member attempted to disrupt the show by shouting at him, Seinfeld, however, didn't hold back and demolished the heckler as security escorted him out of the venue
Itamar Eichner
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00:43 | 06.17.24
Israeli BYD drivers report control app malfunctions
Car owners report being unable to control key functions via control app, though physical operation of vehicle, climate control and other functions remain unaffected; importer says contacted manufacturer to investigate issue
Tomer Hadar
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22:41 | 06.16.24
Private, leaner and without Adam Neumann: the rework of WeWork
Office-sharing company, once world's most valuable startup at $47 billion, emerged from bankruptcy with estimated worth of $750 million under leadership of new owner Anant Yardi
Viki Auslender
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20:52 | 06.16.24
Heartbroken over vandalism, northern Israel city worker pursues injury claim
Haifa parks supervisor suffers heart attack after witnessing severe vandalism of renovated park; judge declares incident exceptional
PsakDin
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18:56 | 06.16.24
What does cultivated fish taste like? Surprisingly similar to the real thing
Tasting event featuring dishes made from cultivated fish was surprising; while it’s not yet a substitute for fresh sea or farmed fish, for dishes intended to star in your home freezer, it is already very close to what you can currently find on supermarket shelves
Raphael Kahan
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00:59 | 06.16.24
Toyota unveils new hydrogen-powered Hilux model
Japanese automaker set to unveil new vehicle for a test drive in the 2024 Olympic Games and says it's clear energy will allow up to a 600 km distance in a single tank
Nir Ben Zaken
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14:08 | 06.15.24
Israeli hospitality chain acquires 12 hotels in the Netherlands
Fattal to invest an additional €45 million to upgrade hotels, and with the latest acquisition, it now owns 26 hotels in the Netherlands
Navit Zommer
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18:29 | 06.13.24
'Cultured meat is a bubble - a marketing concept, not a product'
The layoffs of 30% Aleph Farms employees signal trouble for an industry that once promised big dreams but has struggled to deliver - and with investors fleeing, the survival of the industry may now hinge on government support
Shani Ashkenazi
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18:24 | 06.13.24
US indicts Israeli entrepreneur for massive investor fraud
US Securities and Exchange Commission charges Joonko founder and CEO Ilit Raz with inflating company data to secure funds from investors; New York Attorney's Office launches criminal investigation against her
Calcalist
|
23:27 | 06.12.24
Intel halts planned factory expansion in Israel
Tech giant informs Finance Ministry of planned pause in project after contractors receive notifications about their deals with the company being frozen; ministry says no change to overall expansion plan
Sophie Shulman/Calcalist
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11:30 | 06.11.24
Pro-Palestinian UK protesters vandalize Barclays branches over Israel links
Palestine Action protesters smash windows and spray graffiti with names of Palestinians killed in Gaza on Barclays bank branches across UK
Itamar Eichner
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23:34 | 06.10.24
Number of Thai workers in Israel rises past October 7 record
Back in droves: After 10,000 workers from Thailand left Israel at the start of the war, current data shows numbers steadily increasing and crossing the 35,000 mark
Itamar Eichner
|
13:11 | 06.10.24
Elbit tells staff to keep away from France arms expo after company banned
Israeli defense company says won't let personnel arrive at the event 'like thieves in the night' and stresses economic incentives may be behind the French ban
Navit Zomer
|
13:53 | 06.09.24
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