Articles by July, 2023

by Ifi Reporter
Category: Government
Significant development: Over a thousand aircrew members, control system operators, drone operators, and special units in the Israeli Air Force have declared their intention to halt their service in the reserves if the legislation related to the "legal revolution" is not halted. A letter bearing the signatures of 1,142 reservists was submitted to the commander of the Air Force on Friday, urging the government and members of the Knesset to demonstrate leadership and seek broad agreements
Jul 22, 2023

by Ifi Reporter
Category: Start Up
Israeli Prime Minister Binyamin Netanyahu was rushed to Sheba Hospital - Tel Hashomer on Sunday night after experiencing a severe health scare. Hila Elroy of News 13 reported that Netanyahu felt unwell and dizzy, prompting him to activate a monitoring device that had been recently placed on him. Contrary to his initial statement, the device did not beep; instead, it was activated by Netanyahu himself, revealing a critical 12-second arrhythmia that put his life in danger
Jul 23, 2023

by Ifi Reporter
Category: Government
President Yitzhak Herzog has taken on a central role in attempting to broker a compromise between the coalition and opposition parties regarding the contentious "reason for reasonableness" law. In a series of meetings held this evening (Sunday), the President engaged with key political figures, including Prime Minister Benjamin Netanyahu, opposition leader Yair Lapid, and the leader of the state camp Benny Gantz
Jul 23, 2023

by Ifi Reporter
Category: Financial
In a dramatic move, the "Business Forum," comprising executives managing around 150 of the largest companies in the economy, including banks and high-tech firms, has taken the emergency measure of disabling their company activities. Dozens of high-tech companies have also joined this shutdown. The decision comes amidst an ongoing dispute with the Histadrut over potential economic shutdowns
Jul 24, 2023

by Ifi Reporter
Category: Health
In a highly contentious session at the Israeli Knesset, the controversial "reason for reasonableness" law, proposed by Justice Minister Yariv Levin, has been passed on second and third readings with a majority of 64 Knesset members in favor and no opposition. The law's passage marks a significant milestone in what Levin describes as a "legal revolution" plan
Jul 24, 2023

by Ifi Reporter
Category: Financial
In a significant development within the cybersecurity industry, the French Thales Group has reached an agreement to acquire the Israeli information security company Imperva for an impressive $3.6 billion. The deal, expected to be finalized by the end of the year, will mark a remarkable turn of events for Imperva, which had been purchased by the American Thoma Bravo Fund for $2.1 billion in 2018
Jul 25, 2023

by Ifi Reporter
Category: Health
In a significant development, the Regional Labor Court in Bat Yam has issued an order at noon on Tuesday, directing the striking doctors in Israel to immediately end their strike and return to work. The court's ruling emphasized that while a two-hour protest strike is within the right to protest, the ongoing strike, which has lasted more than seven hours, has exceeded reasonable limits. The strike was initiated by doctors in the public health system in protest of the legislation repealing the reasonableness clause in the Knesset
Jul 25, 2023

by Ifi Reporter
Category: Hitech
In the aftermath of Check Point's positive second-quarter results, CEO Gil Shwed expressed concerns about the current business environment in Israel. He mentioned that registering and establishing operations in Israel had been challenging for years, and he is unsure if he would make the same decision today due to increasing difficulties. Shvid also observed a recent decline in investments in Israel, which he believes poses a threat to the country's position as the second-largest cyber center globally
Jul 26, 2023

by Ifi Reporter
Category: Government
In a recent report by StartupBlink, a renowned international organization that monitors global startup ecosystems, Tel Aviv has taken an alarming lead as the city witnessed the highest number of startup companies leaving its once flourishing entrepreneurial landscape. The findings reveal that the entire startup nation is experiencing a mass migration to other locations, signaling a troubling downward trend for Israel's once vibrant startup ecosystem
Jul 26, 2023

by Ifi Reporter
Category: Politics
In the midst of a constitutional crisis in Israel following the repeal of the reason for reasonableness, President Yitzhak Herzog has charged Prime Minister Binyamin Netanyahu with finding a swift solution to the pressing issue. President Herzog emphasized that those in positions of power bear greater responsibility for resolving critical matters that affect the state and society
Jul 26, 2023
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