Articles by June, 2021

About 1,500 people came to demonstrate Saturday night near the prime minister's residence in Jerusalem, on the evening of the last Saturday before the expected inauguration of the new government. The demonstrators came to the weekly demonstration in Paris Square as part of a protest against Netanyahu. The designated prime minister, Naftali Bennett, said in a press release: "This is not the time for demonstrations and provocations. I call for Netanyahu and his family to be treated with respect." In another demonstration held by the organization of black flags at the Nahariya junction, a man...

The volume of mortgage performance soared in May to a peak of NIS 9.473 billion. This emerges from data published by the Bank of Israel. In May, there was a 14% increase compared to the amount of mortgages marketed by the banks in April, and an increase of 82% compared to May 2020 - which was affected by the corona closures. The increase in the amount of mortgages reflects the increase in the marketing of apartments, the prices of apartments and the upward trend in the rates of leverage and risk that buyers take on in the effort to purchase apartments

The Innovation Authority's report shows that Israeli high-tech workers, who constitute about 10% of the employees in the economy, are responsible for about sixty percent of the income tax receipts from employees in Israel. According to the report, the high-tech companies are responsible for 43% of Israeli exports and 40% of the value of the companies in the Tel Aviv 35 index of the large companies on the Tel Aviv Stock Exchange. The employees of the R&D centers of the multinational companies in Israel are relatively responsible for tax payments that are six times larger than their share...

The industrial cyber company Clarotti raised $ 140 million in Round D. The company declined to state the value at which it raised, but learned that it stands at $ 1 billion. This is the company's first recruitment since 2018. The round was co-led by Bessemer Venture Partners' Century II growth fund, set up to invest in market-leading companies, and 40 North, the investment arm of global industry giant Standard Industries. Other strategic investors who participated in the round are LG and I Squared Capital's ISQ Global InfraTech Fund. In addition, all previous investors in Clarotti -...

Vianai Systems, a Human-Centered AI platform and products company, today announced that it has raised $140M in a Series B financing from SoftBank Vision Fund 2* and several industry luminaries. Vianai will use the new capital to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide. For many enterprises, AI has not lived up to its hype. AI's true potential originates from the ability to put humans at the center of technological solutions. Vianai’s pioneering human-centered AI approach amplifies human judgment thus empowering domain experts...

Since the beginning of June, the infection rate in Israel has risen gradually and as of 9.6 was 1.53, which indicates the spread of an epidemic, according to data from the Ministry of Health. It should be noted that the coefficient of infection is calculated in the last 10 days reflecting the period of time taken as a safety factor between the infection and the result. In recent days we have witnessed new outbreaks in various places in Israel. Last week, 11 sixth-grade students at Asif Elementary School in Modi'in became infected when 90 students went into isolation. Also, 45 students...

A week after returning to the Ministry of Communications, the current Minister, Yoaz Handel, signed a reform that put an end to the split between the supplier and the infrastructure in the Internet market. It means for consumers to create one and only one writer to purchase the services as well as to troubleshoot. The reform, which will take effect at the beginning of next year, is intended to put an end to the phenomenon of "throwing responsibility" between ISPs and infrastructure owners over malfunctions in an effort to raise the standard of service in the industry. It is also expected...