Israel's high-tech faces unexpected crisis as dollar slides 20% against shekel
The dollar fell by approximately 20% against the shekel over the last year, which puts companies that depend on dollar income at risk.
Business & Innovation
From the capital of the Negev to the decision-making tables of the world’s leaders
From Caesarea to the Moon: Inside Israel’s bid to revolutionize space launches
Hundreds of Google employees urge CEO not to sign deal with Pentagon in open letter
Karish gas field resumes production
The Karish platform has been idle for 40 days and the total damage from gas field shutdown was about NIS 1.7 billion
Global markets rally, oil drops below $100 after US-Iran ceasefire
The main oil barrel indexes show a 15% average fall, while most markets worldwide, especially Asian markets, are opening up during early trading hours.
Strait of Hormuz closure has raised oil prices, but not without precedent - analysis
Even as gas prices have risen in recent weeks, another set of numbers has remained relatively contained: the markets.
Q-Factor emerges as Israel’s latest quantum computing developer with $24 million seed investment
The investment, which included NFX, TPY Capital, and Intel Capital, aims to commercialize a quantum computing project developed by professors from the Technion and Weizmann Institute.
Revised income tax brackets boost March salary
Income tax brackets in Israel are designed to tax those who earn more at a higher rate than those who earn less.
Enlight CEO: Iran war reinforces Israel's need for renewable energy
Enlight develops and operates solar power generation facilities, wind turbines and energy storage systems,
Leviathan gas field resumes operations after risk of strikes from Iran war outbreak
The Leviathan and Karish reservoirs were shut down to reduce the risk of being hit when Operation Roaring Lion began on February 28th
The invisible risk: Can you really trust your ‘private’ AI assistant to keep your secrets?
TECH AFFAIRS: Research by Israeli cybersecurity company Check Point found a weakness in ChatGPT’s system that could allow someone to extract data without triggering any alarms.
Your Taxes: You can't have your matzah and eat it, too
Israel's Supreme Court rules that if you enjoy employee share/share option tax breaks, you don’t receive others.
El Al demands changes to passenger compensation law
According to the company's estimates, on days when there was no commercial flight activity at all, the direct damage was about $5 million per day.
