Hitech

The Korean Samsung and Israeli Amdocs announced a number of joint initiatives to accelerate the transition of telecommunications service providers to open cloud networks that provide the freedom and flexibility needed to innovate and improve the provision of G5 services in the market, with greater speed, scope and coverage for both private and business customers . Amdocs and Samsung Networks (Samsung Networks) will collaborate in the integration process (onboarding) and integrate virtual network functions so that telecommunications service providers can take advantage of Samsung's G5...

Facebook announced that the conduct of Prime Minister Benjamin Netanyahu's Facebook page violated the company's rules and therefore suspended the page's chat bot activity for twenty-four hours. Facebook explains that all chat activity will stop for a day regardless of the content being distributed. That means all Likud campaign content will be blocked in Messenger, and not just texts that violate company rules. The company statement said that the texts posted on Netanyahu's Facebook page were "hate speech" and therefore violated the company's policy. According to the company announcement...

Facebook is suing the Israeli NSO following a crackdown on the spyware exploited by a spyware developer, which it says has been used, among other things, to track at least 100 journalists and human rights activists. That's how the tech giant announced. "In May, Wetsap announced that it had identified and blocked a new type of cyberbullying that included a video call service vulnerability," Wetsap Director Will Cathcart said in a Washington Post article. "Now, after months of investigation, we can say with certainty who is behind the attack. Today we filed a lawsuit in a federal court that...

US cyber giant Proofpoint acquires Israeli cyber company ObserveIT for $ 225 million. To date, ObserveIT has raised more than fifty million dollars.Observer develops solutions to address enterprise security threats. The company was founded in 2007 by Gabi Friedlander and Avi Amos and in 2013 the American venture capital fund Bain Capital acquired a significant stake in the company. The company's headquarters are in Boston and the main development center - in Tel Aviv. The company's CEO, Mike McKee, sits in Boston. The director of the company's development center in Israel is Tal Tikotsky....

Last November, the new Shufersal ONLINE website was launched, offering a personalized customer shopping experience. On the site you can find the online mall scene where you can find a rich variety of products in the fields of electricity, electronics, home and garden furniture, textiles and home decor, BE products and cosmetics from the BE chain and more. Offers and discounts are available at the Shufersal Online website throughout November. For example, a Dyson V11 Wireless Vacuum Cleaner at NIS 1,899 (instead of NIS 2,199), Wireless Headphones Air Pods 2 iPhone at NIS 599 (instead of NIS...

75% of the Jewish public in Israel purchases products from sites in Israel and abroad, according to a new survey conducted by the Israel Post Company ahead of the shopping holidays. The survey was conducted through the Shiluv I2R Research Institute in November 2019, in a national sample of 506 men and women from the adult Jewish population. By using the iPanel Internet Surveillance Panel, which covers 130,000 people, and the largest in Israel, 78% of shoppers on the various trade sites intend to order NIS 617 on average during the holiday season, twice the normal holiday. 11 when 65% of...

Veteran Veteran communications equipment company ECI, controlled by Shaul Shani, reports a merger agreement with Ribbon Communications for 32.5 million shares of Ribbon, plus $ 324 million in cash. In addition, as part of the agreement, ECI's shareholders will receive up to $ 31 million for real estate assets owned by the company. Sovereign investors, who operate in the field of secure cloud communications, are responding harshly to the move. Its stock (NYSE: RBBN) plunged NASDAQ by about 25%, reflecting a market cap of $ 347 million. The deal, including the stock component, reaches $ 486...

Microsoft has hired former United States Attorney General Eric Holder to conduct an audit of facial recognition company AnyVision to determine whether it complies with Microsoft’s ethical principles on how the biometric surveillance technology should be used. Microsoft’s venture capital arm, M12, invested in AnyVision as part of a $74 million Series A funding round in June. Under the terms of the deal, Microsoft stipulated that AnyVision should comply with its six ethical principles to guide its facial recognition work: fairness,

Israeli cyber security company Checkpoint has announced the acquisition of Israeli cyber company Protego from Israel. According to Checkpoint, the acquisition will extend cloud protection services to customers using serverless cloud applications (Cerberles). The purchase amount is estimated at $ 40 million. Check Point announced that it would "integrate technology as part of its unified Infinity defense architecture" and that the acquisition will help Checkpoint "help organizations protect themselves from fifth and sixth generation cyber attacks." Protago was founded in 2015 under the...

US chip giant Intel will buy Israeli startup Habana Labs for $ 2 billion. Bana Labs produces chips specifically designed for artificial intelligence processing. In the announcement of the acquisition, Intel said that the founder and chairman of the company, Avigdor Vilentz, "will serve as senior advisor to the business unit as well as Intel" and that the company will continue to operate from Israel. Intel said the two companies "could accelerate the development of the best artificial intelligence products into data centers. The integration of the companies strengthens Intel's line of...