Articles by June, 2021

The Ministry of Communications first published the Service Quality Index. The purpose of the index, according to Communications Minister Eitan Ginzburg, is to provide consumers with transparent and objective information for choosing communications services. The index examined four parameters of customer service: customer service and technical service satisfaction; Response times at the technical centers; Return of equipment after disengagement; And complaints about bills and overcharges. Satisfaction was examined through a survey, which found that among the cellular providers, HOT Mobile...

The new government has not yet been formed and the wave of prices is already being felt in Israel. The price increases are mainly reflected in the supermarket: egg prices will rise by 6.5%, according to the joint price committee of the Ministries of Finance and Agriculture. This is an increase of 6.25 agorot (the Israeli cent) for a large-sized egg (L) and 75 ag, an addition to a mold of a dozen eggs, which will cost from NIS 11.30 to NIS 12.05. This size makes up 50% of the market. The price of a mold of a dozen eggs of medium size (M) will increase by 75 ag from NIS 10.40 to NIS 11.15,...

After lengthy delays in recent days, the Finance Committee has approved paying compensation to businesses both for the Corona virus and for the damage to the military operation "The Guardian of the Walls". In this way, the committee actually won a victory over the opponents in the Ministry of Finance to allow "double operations." Following pressure from members of the Finance Committee and representatives of independent and business organizations, it was decided today, at the request of committee members from all factions, that as part of the compensation for businesses 40 to 80 kilometers...

The Israeli high-tech industry does not stop breaking records. According to Start Up Nation Central (SNC), a company that connects the Israeli high-tech industry to organizations and investors from around the world, start-up companies in Israel have raised over $ 10.5 billion since the beginning of the year - the amount raised in 2020 as a whole. In the last few days alone, Gong and Verbit have announced huge fundraisers of $ 250 million and $ 157 million, respectively. The huge fundraising phenomenon of high-tech companies coming close to their other fundraisers is another feature of the...

The largest Israeli IPO on Wall Street is underway. Monday has completed its initial round of funding and will begin trading today in New York at a value of $ 6.8 billion. The IPO closed at $ 155 a share, above the original range, promising a $ 573 million raise for the company. The stock is expected to be traded on NASDAQ under the symbol "MNDY". Monday is a work OS, through which organizations of all sizes can create the tools and processes they need to manage every aspect of their work. Monday enables an efficient and intuitive way to manage teams, projects, business processes, complex...

AWS (Amazon Web Services) will set up local server farms in Israel in 2023, the company announced, which recently won the cloud tender (Nimbus project) of the State of Israel. It will probably be the last supplier to silence local infrastructure in Israel. This is after Microsoft, Oracle and Google, which also won the tender, will also have local infrastructure. According to the announcement by AWS, which is the arm of Amazon that deals with cloud services, the computing infrastructure it will establish will allow the government, educational institutions and nonprofits to run and run their...

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...

Teva's original anti-migraine drug, Ajovy, was supposed to be one of two drugs that will help the company deal with the continuing decline in sales of its well-known original drug for the treatment of multiple sclerosis, Copaxone - which for 25 years provided Teva with 25% of its sales. More than its profits. However, a patent war with an American company is hurting the drug's performance, and is now sending Teva back to court. Ajobi, which is given by injection, was launched in 2018 and generated $ 48 million in sales for Teva in the first quarter of 2021, and $ 183 million in sales in...

The Knesset plenum convened for the special session at which - if there is no last-minute drama - the government of Naftali Bennett and Yair Lapid will be sworn in, and the end of Benjamin Netanyahu's 12 consecutive years will come to an end. The debate deteriorated from the first moment to shouts and insults shouted at Bennett by members of the new opposition, and it was very difficult to present the basic lines of his new government. Some Knesset members even waved protest signs calling Bennett a "crook from Jerusalem" and a "thief of votes" - and some were expelled from the plenum by...

After 12 years in power, Likud chairman Benjamin Netanyahu was not present at the cabinet meeting - which was chaired for the first time by Naftali Bennett. Bennett opened the cabinet meeting with the blessing "May we live" (Shehechyanu) and said that "we are at the beginning of new days and era. The hardships are behind us. The citizens of Israel are all looking up to us, and now the burden of proof is on us. We will work together to unite the people And quarrels - face forward. " The new prime minister made it clear that the cabinet meetings would begin on time and called on his...