News

Israeli cyber company Oxeye is being sold for approximately $40 million to GitLab

Posted on Mar 19, 2024 by Ifi Reporter

The Israeli cyber company Oxeye is being sold for approximately $40 million to GitLab, which offers a platform for open source software development, after the latter had already recently acquired...

Government Approves Construction of Two New Power Plants Despite Local Opposition

Posted on Mar 18, 2024 by Ifi Reporter

  National Infrastructures Committee has given its approval for the construction of two new power plants in the Ha'aretz tender. The decision comes despite heavy objections from...

White House National Security Advisor: Deputy head of the Hamas military wing Marwan Issa, was killed by Israel

Posted on Mar 18, 2024 by Ifi Reporter

The White House National Security Advisor, Jake Sullivan, said that the deputy head of the Hamas military wing, Marwan Issa, was killed in an Israeli bombardment in the Gaza Strip last week. In...

User Captain Daniel Peretz, (22) fell in battle on October 7 - His body is in Hamas hands

Posted on Mar 17, 2024 by Ifi Reporter

Captain Daniel Peretz, 22 years old from Mid Binyamin, fell in battle on October 7, and his body is being held by Hamas in the Gaza Strip - this was allowed to be published today. Peretz was a...

Israrli owned mattress company Resident is sold for a billion dollars to the American furniture company Ashley Home

Posted on Mar 13, 2024 by Ifi Reporter

The mattress company Resident is sold for a billion dollars to the American furniture company Ashley Home. Among the biggest beneficiaries of the transaction are the founders Ran Raska, Craig...

Israeli Wiz company (Wiz) acquires the Israeli start-up Gem Security for 350 million dollars

Posted on Mar 13, 2024 by Ifi Reporter

The Israeli Wiz company (Wiz) acquires the Israeli start-up Gem Security (Gem Security) for 350 million dollars. The purchase was first reported by the Bloomberg website and is expected to be a...

International Bank ended the year 2023 with a profit of NIS 2.17 billion, a jump of 30.3%

Posted on Mar 12, 2024 by Ifi Reporter

The International Bank ended the year 2023 with a profit of NIS 2.17 billion, a jump of 30.3% compared to 2022 - the profit reflects a return on capital of 19.7%, compared to 16.6% in 2022. The...

Dramatic Shifts in Second Round of Local Elections: Yahav wins in Haifa

Posted on Mar 11, 2024 by Ifi Reporter

In a surprising turn of events, the second round of local elections has brought about significant changes in several municipalities across the country. After two weeks of anticipation following...

Cal profits decreased in the fourth quarter of 2023 by 36% to NIS 26 million

Posted on Mar 11, 2024 by Ifi Reporter

The war of iron swords that started at the beginning of the fourth quarter gave its signals on the results of the credit card companies. The company's profits decreased in the fourth quarter...

Economic Committee to Debate Bill Prohibiting Price Increases During Wartim

Posted on Mar 6, 2024 by Ifi Reporter

The battle against price hikes in the food industry is set to take center stage once again as a bill is brought before the Economic Committee on Wednesday. Competition Commissioner Adv. Michal...
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NVIDIA has announced the acquisition of Israeli startup Run:ai - will pay approximately $600 million

Apr 24, 2024 by Ifi Reporter

In a strategic move to bolster its artificial intelligence (AI) capabilities, technology giant NVIDIA has announced the acquisition of Israeli startup Run:ai. While the exact amount of the transaction remains undisclosed, sources familiar with the matter suggest that NVIDIA will pay... Continue reading →

House of Representatives voted in favor of the military aid package to Israel

Apr 20, 2024 by Ifi Reporter

The American House of Representatives voted this evening (Saturday) in favor of transferring the military aid package to Israel, Ukraine and Taiwan, worth 95 billion dollars. Israel's share of the aid package is expected to reach $14 billion, which will be used, among other things, to renew... Continue reading →

United Airlines Cancels Flights to Israel Until May 2 Amid Security Concerns

Apr 19, 2024 by Ifi Reporter

In response to ongoing security concerns, United Airlines has announced the cancellation of its daily flight from Newark to Tel Aviv until May 2. The decision reflects the airline's commitment to prioritizing the safety of its passengers and staff amidst the uncertain security situation.... Continue reading →


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