Microsoft planning 2.5% cut in workforce in latest round of tech company layoffs - report
The layoffs will impact thousands of roles, including sales and consulting, as well as jobs at the Xbox gaming division, the Business Insider report said.
Business & Innovation
Israel pushes for deep tech start ups with Israel Innovation Authority’s new funding program
Air Seychelles reopens Tel Aviv-Mahé route for Israeli travelers, flights to resume August 20
Israel launches NIS 1.6b. package to support exporters, hi-tech
Kramer opens the summer
Shlomo Kramer, CEO and founder of Cato Networks, celebrated the company's growth, which reached a valuation of $4.8 billion, at an elaborately produced summer party at Hangar 11.
The wealth report: A record number of millionaires worldwide
The Global Wealth Report reveals a surge in personal wealth and a record number of millionaires. Where does Israel rank in average wealth?
The state is not trying to solve the protection racket problem, only to silence it
What is wrong with the government decision to compensate victims of the protection racket? That without complementary steps, this is nothing more than an election bribe.
Tech workers laid off and collapsing under the mortgage burden
Crash course: The AI and the dollar are emptying the tech sector, and mortgages are threatening those laid off.
Smotrich launches NIS 1.6 billion aid plan for high-tech and exporters
The Ministry of Finance will inject NIS 1 billion to save startups from closing, and will distribute hundreds of millions more to industrial plants.
"The Treasury took hundreds of billions from National Insurance surpluses"
Former National Insurance director general, Meir Spiegler, in an unprecedented attack on the Ministry of Finance: "Hundreds of billions in collection surpluses have disappeared."
Tech Talk: Lightkey, the AI-powered Israeli startup transforming writing
People haven’t stopped typing. They’ve simply moved elsewhere.
Secret iPhone 18 Pro specs, photos leaked on dark web following major supplier hack
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide.
Compensation of millions of shekels for protection racket victims
The government approved the Finance Minister's proposal to provide an economic safety net for victims of protection fees amounting to tens of millions of shekels.
Gerrer Hasid accused of massive fraud extradited to the US
After years of delays and legal proceedings in Israel, Michael Fein landed in New York and will stand trial in Missouri on suspicion of forging data and inflating budgets to obtain giant loans.
