Hitech

A day after it was revealed that it would lay off about 100 of its employees (about 2% of the workforce), Wix Company reports slightly higher revenues than expected in its reports for the second quarter of the year. The company, which developed a system for building websites, shows revenues of $345.2 million - a growth of About 9% compared to the corresponding quarter last year. Market analysts expected revenues of $344.39 million and the company itself predicted revenues of $342-346 million. Excluding exchange rate differences, revenues in the last quarter grew by 11% to the level of 349...

After the peaks in demand for high-tech registered last year, new data indicate a one-year low in the number of vacancies in the industry. The vacancy report for May-July published by the Central Bureau of Statistics (CBS) shows that the number of vacancies for engineers in general decreased by 8% to 14,963 in July compared to the previous month, and that the number of vacancies for software developers decreased by a more significant rate of 11% , for 10,130 jobs. This is the second month in a row in which the number of jobs in high-tech is decreasing, after about three months in which the...

The relative security calm in Kiev and in large parts of Ukraine and the shift of the fighting to defined areas encourage the Israeli high-tech companies to return and recruit workers in Ukraine and even launch broad campaigns to absorb workers, with an emphasis on development positions. The company Optimove, which develops advanced marketing technologies for the companies' existing customers, currently employs 30 people through agencies in Kiev and Twiniitsa

Commit, the leading technology services company in Israel, is expanding to new offices, and continues to recruit dozens of employees, who will join its 600 employees worldwide. Commit is a global technology services company with offices in Israel, New York and Europe. The company was established in 2005 and has about 600 multidisciplinary innovation experts, who serve a wide range of companies, from startups in their infancy to product companies and large organizations. Commit is the only one in Israel that provides a comprehensive answer to all the technological needs of its customers and...

A recovery arrangement was signed between the Accountant General and the Israel Post in the amount of NIS 1.7 billion, along with a new collective agreement with the Post's workers' council. As part of it, out of the company's 5,000 employees, approximately 1,050 employees will be laid off in two phases - the first of which will be in December. The financing agreement consists of the sale of real estate of the post office - which has 700 branches throughout the country - to the state. The value of the assets to be sold is estimated at NIS 800 million. The state will also finance the...

The technology giant Google buys the Israeli BreezoMeter. Breezometer is a climate company founded in 2014 and engaged in predicting environmental hazards such as air pollution, pollen and fires. Its technology turns the information into insights and makes them accessible to consumers through apps, smart home devices, vehicles and more. Google has recently started adding air pollution indicators to its products such as the Pixel 6 mobile device and Google Maps and it is possible that it is interested in more comprehensive information than what it receives from its suppliers. Google...

The Elis plane is designed for regional flights, as a passenger plane with 9 passengers and 2 crew members, an aircraft carrier, or a cargo plane. It is capable of flying a range of up to 830 km, at a speed of up to 460 km, and carrying a weight of 1.1 tons. It has two engines with a power of 850 hp each, and batteries with a capacity of 900-kilowatt hours, like 15 popular electric cars. But the batteries make up about 60% of the plane's weight at takeoff, which currently makes it difficult to build an electric plane for longer ranges

The company IBC Unlimited launched a home internet infrastructure on optical fibers that can reach a speed of up to 10 gigabytes thanks to XGS-PON technology. In the first phase, consumers will be offered a speed of up to 5 gigabytes. The move will require customers to replace end equipment (router)

Google has started operating its servers in Israel and Partner has already started gradually connecting its customers to the company's servers, mainly DNS servers. This means: connecting to a local server and not to the servers abroad that the providers use today, which allows faster access to websites and applications (but not a higher browsing speed) as well as less congestion during peak hours. That is, the consumer will enjoy faster updates now, than through the Internet provider His

The aerospace industry will take part for the first time in the world air exhibition that will be held in Bahrain. At the prestigious exhibition, which will be held between November 9 and 11, IAI will present its range of developments that reflect the forefront of technology, including products for civil aviation, radars, air defense systems, coastal defense and defense systems using drones. The advanced systems of the aerospace industry will be displayed in the impressive pavilion that the company will build, which will mark 70 years of expertise and innovation. This is the first time an...