Hitech

Senior officials in the high-tech industry called on the future Prime Minister Benjamin Netanyahu on Thursday evening not to allow the enactment of the laws discussed in the last days in the Knesset, due to its "devastating" consequences for the economy and the high-tech industry in particular. According to them, "the undermining of confidence in the Israeli justice system and, as a result, in Israeli democracy, may discourage the investors who drive the growth of the industry." "Legal stability is a necessary condition for international investors and helps them invest in certain...

The EROS-C3 satellite produced by the Aerospace Industry was launched on December 30, 2022 at 09:20 Israel time, from the SPACEX company's "Falcon 9" launcher at the US Space Force's Vandenberg Base in California, USA. EROS-C3 is one of the most advanced observation satellites in the world, thanks to the integration of breakthrough technological capabilities that allow very high resolution photography on several channels at the same time

According to the data of the Central Bureau of Statistics (CBS) published on Tuesday, last December there were approximately 141,543 vacancies in the economy - similar to November. But in the high-tech sector the decline continued, when the average in October-December was 11,468 vacancies for engineers, of which 7,282 Software developers - a drop of 8% compared to the September-November average and a drop of about 35% compared to the numbers a year ago which were 16,899 engineers, of which 13,280 were software developers

The private Israeli space project Berashit may close its flagship program, a probe landing on the moon, in the coming weeks, after its major donors stopped their contributions. This is what the venture's co-founder Kafir Damari said today (Wed) in an interview with Bloomberg. The Israeli non-profit SpaceIL, which is behind the $100 million program, said that the reduced budget jeopardizes the second planned attempt to land a probe on the moon, using the Berashit 2 spacecraft, whose launch was planned for late 2025. "Our donors decided not to continue their contribution after transferring...

The Commissioner for Competition, Attorney Michal Cohen, announced today (Monday) that she has declared Wysotsky as a monopoly in the green tea market and on the liquor market. This means that Vysotsky will be defined by law as a "large supplier", as the term is defined in the Law for the Promotion of Competition in the Food Industry, and from now on All the obligations imposed on large suppliers by virtue of this law regarding the declared products apply to it

Israel dropped from 5th place to 7th place in the global artificial intelligence ranking published by Tortoise Media, after Singapore and South Korea overtook it. Although even after the drop, Israel is still in a very high place in the world ranking, but the drop reinforces the fears that the lack of government investment in infrastructure and academic research may cause Israel to lose its lead - and open a gap with other countries in the field of artificial intelligence. Tortoise Media's AI Index report presents a ranking that represents the 62 countries leading the global artificial...

Green energy company Energix has revealed its largest deal to date, worth $1.5 billion, with American company First Solar. The agreement entails the purchase of solar panels with a total capacity of five gigawatts (GWp) for Energix's upcoming solar projects in the United States. These projects are scheduled to be built between 2030 and 2026

The government has authorized the transfer of NIS 165 million to support Torah institutions, resulting in a significant increase in the scope of coalition funds by an additional NIS 145 million. The total amount of coalition funds for 2023 is now expected to reach 5.8 billion shekels, surpassing the budget initially announced in February during the preparation of the government's budget

Recent revelations have sparked controversy over allegations that Pakistan's Federal Bureau of Investigation (FIA) and various police units have been using mobile phone hacking equipment from Israeli company Cellebrite for surveillance purposes. This development is particularly noteworthy given the absence of official diplomatic relations between Pakistan and Israel, which has led to the Pakistani passport bearing a notable exception to entry into Israel

Leading Israeli cybersecurity company SentinelOne (SentinelOne) is reportedly evaluating potential strategic options, including a possible sale. According to a report published by Reuters, this revelation has led to a surge of 13% in the company's Wall Street trading, characterized by high turnover. Having been traded at a market value of $4.2 billion, SentinelOne has emerged as an acquisition target following an 80% decline in its stock value over the past two years. Insiders familiar with the situation have disclosed that the company has engaged the services of investment bank Qatalyst...