Hitech
Category: Hitech
Israel Aerospace Industry officially opened its new Ofak factory for electronic production in Ofakim, following an investment of NIS 50 million. This inauguration comes just seven months after the company's Board of Directors approved the proposal by Chairman Amir Peretz
Sep 30, 2024
Category: Hitech
The Mossad and the United Arab Emirates (UAE) intelligence agencies have launched an investigation into the disappearance of Zvi Kogan, a Chabad emissary in Abu Dhabi. Kogan, an Israeli-Moldovan citizen, went missing on Wednesday, sparking fears that he may have been kidnapped or murdered by terrorist elements. Early assessments suggest that the incident could be linked to Iranian operatives in the UAE, with intelligence agencies working together to uncover what happened
Nov 23, 2024
Category: Hitech
A large-scale bomb attack was thwarted last night (Thursday) in Bat Yam, where three bombs exploded in buses across two separate parking lots, but remarkably, there were no casualties. Multiple police forces rushed to the scenes to investigate and track down possible suspects. In a stroke of luck, a fourth bomb was discovered in a bus near Wolfson Hospital in Holon and successfully neutralized
Feb 20, 2025
Category: Hitech
In a groundbreaking deal, Alphabet, Google's parent company, has officially announced its acquisition of Israeli cybersecurity firm WIZ for $32 billion—$9 billion more than its initial offer from several months ago. This acquisition marks the largest ever made by an Israeli company, surpassing the previous record set by Mobileye’s $15 billion sale to Intel in 2017. It is also the largest deal in Alphabet's history, surpassing the $12.5 billion purchase of Motorola Mobility in 2011
Mar 18, 2025
Category: Hitech
Hapoel Tel Aviv made history on Friday night by capturing their first-ever European title, winning the EuroCup with a 103–94 victory over Gran Canaria. With this win, the Israeli club not only secured the prestigious trophy but also guaranteed a spot in the EuroLeague next season — the top-tier competition in European basketball. The victory gave Hapoel a 2–0 sweep in the best-of-three final series, which began earlier this week with a convincing road win in Samokov
Apr 11, 2025
Category: Hitech
The IDF announced disciplinary measures following a controversial incident last month in which 15 Palestinians, including six Hamas operatives, paramedics, and a UNRWA worker, were killed by Israeli fire during an operation near Tel a-Sultan in Rafah. The Chief of Staff, Lt. Gen. Herzi Halevi, approved recommendations from Southern Command head Maj. Gen. Yaniv Asor to dismiss the deputy commander of the Golani Patrol, a major, and to issue a formal command reprimand to the commander of the 14th Reserve Brigade, a lieutenant colonel
Apr 20, 2025
Category: Hitech
Tragedy struck the Israeli diplomatic community early Thursday morning when two staff members from the Israeli Embassy in Washington, Yaron Lisinski and Sarah Milgrim, were murdered in a shooting attack near the Jewish Museum in the U.S. capital. The two, a couple who were soon to be engaged in Jerusalem, were gunned down as they exited an event hosted by the American Jewish Committee (AJC)
May 22, 2025
Category: Hitech
eBay is planning to cease all operations in Israel by the first quarter of 2026, Calcalist has learned. The company notified its employees of the decision this morning, marking the final chapter for eBay's research and development center in Netanya, which currently employs over 200 people
May 29, 2025
Category: Hitech
Despite international criticism and the ongoing war in Gaza, Israel achieved a historic milestone in 2024, recording $14.8 billion in defense exports — the highest in the country’s history. This marks the fourth consecutive year of record-breaking arms exports, according to data released by the Defense Export Division (SIBAT) of the Israeli Ministry of Defense
Jun 4, 2025
Category: Hitech
Elbit Systems — one of Israel’s largest defense and technology companies — briefly lost one-third of its market value in what turned out to be a trader’s costly typing error. At noon, trading screens showed a stunning 33% drop in Elbit Systems’ share price, raising alarm across the Tel Aviv Stock Exchange (TASE). While such a collapse might suggest a global breakthrough in diplomacy — perhaps a simultaneous end to the wars in Ukraine and Gaza — the cause was far more mundane: a human error.
Jun 11, 2025