Hitech

Teva is required to pay the state treasury a tax totaling NIS 6.9 billion. The company is conducting a series of legal proceedings with the Tax Authority regarding this demand, which has not yet been decided. The company's stock closed trading in Tel Aviv with a decrease of more than 6.5% and at this time it is trading on Wall Street with a decrease of about 3%

Hundreds of employees of the "Blade Technology" factory for the production of jet engine blades in Nahariya received the message on Sunday morning that after more than 50 years it is expected to close during the year 2025 due to "business considerations". About 900 of its 1,400 employees are expected to be laid off, but in the meantime, many have gathered at the company's second factory in the Tefen industrial area, among other things, in preparation for formulating protest measures. Meanwhile, the Histadrut declared a labor dispute

PwC Israel's mergers and acquisitions report for 2022 shows a 40% decrease in the number of merger and acquisition transactions, compared to a minor increase of 5% in the financial scope. The total number of transactions totaled approximately 18 billion dollars. 38% of the transactions were carried out by Israeli companies that also purchased other Israeli companies, totaling approximately 3.5 billion dollars

CloudWize and Kyndryl Israel announced today that the companies have entered into a strategic partnership to help bring cloud security and compliance to more businesses in Israel, across the CEE&EM region and globally. The agreement brings together CloudWize, an innovative agentless cloud solution that enables companies to have maximum cloud security and compliance from architecture design to runtime and Kyndryl's global leadership in IT infrastructure services to help the companies across the industries to unlock business value and strengthen growth in a secure and compliant way

1 out of every 5 Israelis experienced surveillance or harassment on social networks in the last year; In the past year, every fifth Israeli experienced curses and hatred aimed at him online; 1 out of every 10 Israelis has experienced the distribution of intimate or embarrassing photos of him without his permission; The Israelis state that the two groups most attacked in the networks are the ultra-orthodox society and the Arab society; Israelis who have been exposed to online violence state that Facebook is the most violent social network (82%), followed by a wide margin by WhatsApp (26%)...

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