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5.18.26
Beit Shemesh mystery blast: what to know about the defense company behind it
A loud explosion and large fireball alarmed locals, but defense company Tomer says it was a planned test, emergency forces were notified in advance and distant videos exaggerated the blast
DAVID GROUP launches Israel-focused private equity fund
How to open a bank account in 5 steps
Class action sought over El Al refunds in installments
SkyBeam launches Israel tech leadership platform
Business & Finance
This six-figure job is in constant demand, and AI still can’t replace it
While tech companies cut jobs and many roles face pressure from artificial intelligence and automation, demand for elevator technicians is growing as the industry struggles to recruit enough skilled workers
News Agencies
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13:53 | 05.18.26
Amnon Shashua’s AI firm cuts over 60% of staff after sale talks collapse
AI21 is ending standalone model sales and shifting resources to its Maestro platform for AI agent optimization after acquisition talks with Nebius collapsed, though the companies signed a business cooperation deal
Meir Orbach, Calcalist
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12:04 | 05.18.26
Iran war’s $25 billion corporate hit shows how fast oil shocks reach consumers worldwide
At least 279 companies have cited the conflict in defensive moves including price hikes, production cuts, suspended dividends, furloughs, fuel surcharges and requests for emergency government aid
Reuters
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08:16 | 05.18.26
AI market awaits Nvidia earnings as chip giant’s results test the rally’s strength
Nvidia is set to report quarterly earnings this week with investors watching for signs of continued AI chip demand, Big Tech spending, China sales and whether the world’s most valuable company can keep powering Wall Street’s rally
Dennis Bihler
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07:56 | 05.18.26
World's biggest sporting event: The 2026 World Cup has become a $41 billion growth engine
The international soccer tournament opening next month in the US, Canada and Mexico will be the largest sporting event in history; With 48 teams representing 62% of global GDP, it is expected to spark a digital revolution and break internet consumption records
Gad Lior
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04:19 | 05.18.26
AI and resilience: how Israelis uprooted by war are rebuilding careers and livelihoods
As war reshapes Israel’s workforce, JDC is using AI-driven career tools, coaching and digital support to help reservists, displaced residents and struggling entrepreneurs find new opportunities and rebuild their futures
ynet Global
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17:10 | 05.17.26
Israel's inflation flares in April as gas prices hit households
Consumer prices jumped on higher gas costs, but annual inflation remains within target as markets expect a Bank of Israel rate cut
Gad Lior, Hila Tsion
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14:17 | 05.15.26
Dalia secures NIS 5.7b for major new power plant
The 850-megawatt Eshkol Avshal project, named for Oct. 7 victim Avshalom Haran and backed by Bank Hapoalim and Siemens technology, is set to boost Israel’s energy capacity by 2029
ynet Global
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10:00 | 05.15.26
‘No one is waiting for you in Greece’: Israeli restaurateurs face a tougher dream abroad
Despite a growing wave of Israelis relocating to Greece, few restaurant owners have opened businesses there, and those who have remain cautious; ‘I don’t regret it, but I wouldn’t do it again,’ says restaurateur Eyal Kitches, while Uri Eshet warns: ‘A property abroad is not an insurance policy’
Hilik Gurfinkel
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20:39 | 05.14.26
Shooting for the stars: Novella raises $21M to expand AI insurance brokerage for complex risks
New York startup, with half its staff in Tel Aviv, will use the funding to develop AI underwriting tools, hire brokers and open more US offices
ynet Global
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16:00 | 05.14.26
Despite Eurovision boycott, Finland hosts massive Israeli defense industry delegation
Finnish military officials presented procurement plans as 32 Israeli companies, including Elbit, Rafael and seven startups, sought new deals and deeper cooperation
Navit Zomer
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12:31 | 05.14.26
Cisco cuts 4,000 jobs, with Israel layoffs expected
Tech giant is restructuring to shift resources toward AI infrastructure, silicon, optics and security; its 800-employee Israel operation could lose 30 to 40 workers
News agencies, Israel Wullman
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11:34 | 05.14.26
Israel signs $34 million Elbit deal to extend F-35 range
Defense Ministry says external fuel tank system will be adapted from an existing Cyclone design for F-16 jets and is expected to reduce reliance on aerial refueling during long-range missions
ynet Global
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09:52 | 05.14.26
Behind the plunge: Wix’s old playbook is unraveling before its eyes
The Israeli website-building company missed first-quarter forecasts as investors question whether new AI tools and Base44 can offset pressure on its core business and whether it can move fast enough as AI threatens its core business model
Tal Shahaf
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08:36 | 05.14.26
More Alo Yoga orders to Israel arrive with anti-Israel messages: 'Free Palestine' and 'Victory to Hamas'
Second Israeli woman receives package from Alo Yoga that did not contain the visor she ordered, but a delivery slip with messages including: 'From the river to the sea' and 'Death, death to the IDF'; handwriting on the two packages appears to be the same
Meirav Crystal
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19:14 | 05.13.26
WIX stock plunges 30% on Wall Street after Q1 results miss expectations
Weak revenue reports and a move to negative operating profitability are sending the Israeli company's stock down; Dow Jones falls slightly, S&P 500 is stable and Nasdaq rises 0.3%
Mickey Greenfeld, Calcalist
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18:13 | 05.13.26
Israeli woman who ordered online from Alo Yoga got note supporting Hamas instead
Israeli woman who bought on the international website received a package containing empty wrappers instead of the items she ordered; the order note inside the package had handwritten words: 'Death to the IDF,' 'Free Palestine,' and 'Hamas will win'
Meirav Crystal
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20:01 | 05.12.26
Elbit unit wins $212 million US Army night vision order
Elbit Systems of America will continue supplying advanced binocular night vision systems through 2028, extending a US Army program first awarded in 2023
ynet Global
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19:22 | 05.12.26
Gong crosses $500 million revenue milestone amid demand for AI sales platforms
The San Francisco- and Ramat Gan-based company, which develops AI tools for sales and revenue teams, says enterprise adoption is accelerating, with Fortune 10 customers, larger contracts and growing use of tools such as Gong Assistant driving momentum
ynet Global
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17:42 | 05.12.26
Iran war rewrites global risk map for investors
New Henley-AlphaGeo index shows investors shifting capital and residency plans as the Middle East crisis, energy shocks and market uncertainty reshape perceptions of safety worldwide
ynet Global
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17:31 | 05.12.26
From near-collapse to cultural empire: How Lego built its comeback brick by brick
The Danish company nearly collapsed in 2003 after losing its way, but two decades later Lego is no longer just fighting for space in children’s playrooms — it is competing with Netflix, TikTok and PlayStation for adults’ free time, nostalgia and money
Daniela Ginzburg
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15:08 | 05.12.26
Frame Security raises $50M to fight the AI attacks targeting employees
Backed by Index Ventures, Team8 and Picture Capital, the Israeli-founded startup is launching an AI-driven human security platform to help companies defend against social engineering, deepfakes and employee-targeted attacks
ynet Global
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17:35 | 05.11.26
‘Ben Gurion Airport has become a US military airfield,’ civil aviation chief warns
Civil Aviation Authority head Shmuel Zakay says US military aircraft at Israel's main international airport are crippling civilian flights, delaying foreign airlines’ return and pushing up ticket prices ahead of the busy summer season
Hofit Cohen Ulay, Calcalist
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13:47 | 05.11.26
Quantum Machines buys QHarbor, opens Dutch office to expand Europe operations
Israeli quantum computing company opens a Delft office to expand its European software operations, adding Dutch startup’s tools for automated experimentation, data management and system-level coordination
ynet Global
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08:42 | 05.11.26
Meat Man brothers to open fine-dining steakhouse atop Tel Aviv's Azrieli Tower
Renard will replace 2C on the 49th floor of Tel Aviv’s round tower after a 9 million shekel investment, pairing panoramic views with premium meat supplied by the Lagziel brothers’ own processing plant
Navit Zomer
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08:01 | 05.11.26
BST Group to build new Nvidia office tower in Yokneam in NIS 170 million project
Nvidia’s new 11-story tower at Melisron’s Ofer Yokneam park will span 43,000 square meters, with partial delivery planned for 2027 and full occupancy in 2028
ynet Global
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12:52 | 05.10.26
Immunai expands AstraZeneca collaboration in deal worth up to $37.5 million
New York-based AI biotech firm says AstraZeneca will keep using its AMICA-OS platform for oncology drug development under expanded collaboration running through 2027
ynet Global
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09:46 | 05.08.26
Family court orders Israeli businessman to pay former partner $62M
Court orders businessman to pay his former partner about $62 million; judge rejects man's bid to delay payment pending claims against ex-wife
Lital Dubrovitsky
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05:37 | 05.08.26
Investigation into oil market trades: Billions made just minutes before Trump Iran announcements
US investigates traders who made $2.6 billion in bets that oil prices would fall, ABC reports; One trade made 15 minutes before Trump called off bombing Iranian power plants, and another 15 minutes before he extended the ceasefire
ynet
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21:21 | 05.07.26
'I’d hire everyone abroad': strong shekel squeezes Israeli high-tech
High-tech leaders warn dollar’s plunge driving up costs, raising fears R&D may bypass Israel and delivering 21 billion shekel blow to industry
Sophie Shulman/Calcalist
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13:11 | 05.07.26
India's KPIT to buy ex-Shin Bet chief Yuval Diskin’s Cymotive in deal worth up to $120M
Company, founded by several former members of the agency, develops cybersecurity systems for software-defined vehicles and will continue operating under its current management
Meir Orbach, Calcalist
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17:12 | 05.06.26
Israeli startup eyesAtop builds unified drone platform for modern warfare
Firm says its battle-tested platform lets one operator coordinate multiple drones across vendors, missions and contested environments
ynet Global
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17:07 | 05.06.26
Parking meter heist: German worker accused of stealing €2M
German authorities charged two couples in separate cases: in Bavaria, a former municipal worker allegedly stole about €2 million from parking meters over the years; in Berlin, another couple is accused of stealing bronze statues and religious items from cemeteries and parks
News Agencies
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10:09 | 05.06.26
Israeli group makes surprise $4.5B bid for ZIM after merger deal
Offer, which challenges ZIM’s existing merger deal with Hapag-Lloyd and FIMI, includes a promised $250 million employee bonus and a pledge to keep ZIM’s fleet and operations under Israeli control
Navit Zomer
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03:32 | 05.06.26
CopilotKit raises $27 million to build the interface layer between humans and AI agents
Seattle-based startup launches enterprise platform for building user-facing AI agent applications, saying its AG-UI protocol has been adopted by major cloud and AI framework providers
ynet Global
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23:26 | 05.05.26
Iran's economy is on the brink of collapse
The war and the naval blockade are crushing the Iranian economy: inflation of about 70%, industry is shut down, the internet is down and unemployment is breaking records; Will this lead the Revolutionary Guards to compromise or to war?
Zeev Avrahami
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13:51 | 05.05.26
Israel’s economy shows resilience amid war, but cracks widen beneath the surface
Tel Aviv University economists say high-tech strength is keeping Israel afloat despite war; rising debt, cost-of-living pressures and uneven growth reveal deeper structural strain; brain drain, governance gaps and prolonged conflict could determine whether the economy stabilizes or weakens in the years ahead
Alexandra Lukash
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11:19 | 05.05.26
The company that promises to eradicate Hezbollah drones: 'solutions must be more sophisticated'
The IDF is facing a 'primitive' threat in Lebanon - simple, cheap drones with fiber optics, which make them difficult to identify; SkyPro officials tell ynet they have developed a solution: 'a system that knows how to neutralize the fiber optic threat'
Sharon Kidon
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09:06 | 05.05.26
Thanks to Pokémon: from dying game store to multi-billion money-printing machine
Six years after Reddit traders rescued it from collapse, GameStop has turned cost cuts, collectibles and bitcoin into a generational comeback — and is now trying to buy eBay in a $55.5 billion bid
ynet
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04:24 | 05.05.26
Israeli biotech firm MSICS raises $3.6M to push psychedelic therapy into trials
MSICS Pharma says funds will expand production, speed clinical trials for PTSD, depression and OCD, and prepare its psilocybin product for global markets
ynet Global
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02:20 | 05.05.26
Shenkar, Phoenix launch partnership to link academia and industry
Agreement includes Phoenix support for Shenkar programs, a new multidisciplinary lab at the company’s Elef Complex and joint initiatives combining engineering, design, art and technology
ynet Global
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10:42 | 05.03.26
World's largest shipping company reroutes cargo by truck to bypass Hormuz blockade
MSC will launch new line connecting Europe with ports in the Persian Gulf; the ships will reach Saudi Arabia's west coast from Europe via the Suez Canal; the goods will be transported by trucks to kingdom's east coast and then by small ships to Gulf ports
Calcalist
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03:42 | 05.03.26
Converted to Judaism, got Israeli citizenship, then declared himself Muslim; court intervened
Jerusalem District Court rules that a man recognized as Jewish for registration failed to disclose that he had also married in a Sharia court as a Muslim, underscoring that transparency and good faith are legal requirements in status and conversion cases
Attorney Daniel Aspiro
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11:41 | 05.02.26
The cheap threat challenging the world’s top militaries: Israeli firms taking on FPV drones
Roadside bombs reshaped warfare in Iraq and Afghanistan; now, FPV drones are doing the same as Israeli firms race to build defenses
Gilad Mandel
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03:30 | 05.02.26
'People got hooked': Two paratrooper friends built a gummy supplement startup between reserve duty tours
Elia Naim and Ofek Tragash launched GOOM while serving hundreds of days in the reserves; after factories initially dismissed them, their vegan, sugar-free gummy supplements became an online hit, with sales up 1,200% since early 2026
Yael Walzer
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16:27 | 05.01.26
Israeli startups impress with innovation, but foreign investors want proof
A Peres Academic Center study finds Israeli and American investors read startup innovation differently; for foreign investors, bold technology can increase perceived risk unless entrepreneurs provide transparency, evidence and trust-building data
Dr. Eliran Solodoha
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16:11 | 05.01.26
Israeli researchers turn to crowdfunding data to study what makes campaigns succeed
A first-of-its-kind research hackathon at the Peres Academic Center, held with Headstart Group, used real crowdfunding data to examine campaign success, donor behavior and trust-building, with the winning proposal receiving an initial research grant
ynet Global
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09:01 | 05.01.26
Iron Nation raises $60M fund, expands to US with Indiana tech partnership
Founded after Oct. 7, firm shifts from emergency aid to VC, expanding globally with US partnerships and backing from international investors and institutions
Tal Shahaf, Daniel Edelson, New York
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22:43 | 04.30.26
Alphabet, Amazon, Meta and Microsoft post strong earnings as AI investments reshape growth outlook
The four tech giants have proven that the AI bet is paying off: Google saw a 63% jump in cloud revenue, Microsoft's Azure grew 39%, Meta posted its strongest growth in five years, and Amazon beat expectations in cloud and advertising
Calcalist
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01:50 | 04.30.26
Aidoc raises $150 million to put AI at the center of hospital diagnosis workflows
Israeli-founded company says Series E round led by Goldman Sachs Alternatives brings total funding above $500 million as hospitals turn to enterprise AI for faster diagnoses and imaging workflows
ynet Global
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21:01 | 04.29.26
After UAE quits OPEC, who could be next?
UAE’s exit from oil alliance shakes global markets, raises prospect of more departures and tests whether Saudi Arabia can keep the cartel strong and relevant
News agencies
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19:38 | 04.29.26
Israeli celebrity jewelry dealer extradited from Greece, jailed after admitting smuggling and laundering
Avi Koren, accused of using a courier to smuggle luxury watches and jewelry worth about $1.6 million through Ben Gurion Airport, was extradited after fleeing his trial and admitted laundering money in a plea deal that sent him to prison
Tomer Gonen
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17:57 | 04.29.26
Teva resumes acquisitions with $900 million Emalex deal after decade-long hiatus
Teva will pay $700 million upfront and up to $200 million more for Emalex, which develops a Tourette syndrome treatment granted orphan drug status; the deal comes as the company reports $4 billion in quarterly revenue and $369 million in net profit, beating forecasts
Navit Zomer
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16:58 | 04.29.26
Israel’s high-tech R&D jobs fall for first time, raising brain drain fears
Aaron Institute report shows Israel high-tech employment at 570,000 with record 57% exports and AI-driven productivity gains, but R&D jobs fell 1.1% for first time, raising concerns over potential developer relocation abroad
Sophie Shulman/Calcalist
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09:29 | 04.29.26
War sends Iran’s economy into free fall as 1 million lose jobs, food prices skyrocket
The Iranian leadership is confident that Trump will blink first as Tehran is betting that the economy, which has been trained to survive decades of sanctions, will hold up – and is holding the Strait of Hormuz as a bargaining chip
News agencies
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21:29 | 04.28.26
Silverfort acquires Fabrix Security to expand AI identity protection
Israeli identity security firm says Fabrix’s AI engine will help enterprises make real-time access decisions for humans, machines and AI agents; deal terms were not disclosed
ynet Global
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16:26 | 04.28.26
OpenAI misses growth targets as costs soar ahead of planned IPO, reports show
Chief Financial Officer Sarah Friar has warned internally that the company may struggle to meet future computing obligations if revenue growth does not accelerate, according to the Wall Street Journal
Omer Kabir, Calcalist
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09:21 | 04.28.26
Report: Google signs classified AI deal with Pentagon
According to The Information, The agreement allows the Pentagon to use Google's AI for 'any lawful government purpose,' the report added, putting it alongside OpenAI and xAI, which also have agreements to supply AI models for classified use
Reuters
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09:14 | 04.28.26
Elbit Systems expands European footprint with new drone facility in Romania
Israeli defense firm’s seventh facility in Romania will produce and maintain advanced drone systems, deepening local industry ties and strengthening European military capabilities
ynet Global
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01:35 | 04.28.26
Microsoft loses exclusive access to OpenAI tech in cloud shake-up
The revamped deal keeps Microsoft as OpenAI’s main cloud partner through 2032, while allowing OpenAI to expand on Amazon, Google and other rival platforms
Reuters
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19:37 | 04.27.26
Business & Finance
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