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

Mobile gaming giant Playtika is laying off approximately 100 employees, or about 3% of its global workforce, as part of a strategic restructuring following underperformance in key game titles. The move affects 40–50 employees in Israel and a similar number in Poland

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.

Intel has initiated a new round of layoffs in Israel, marking the first time in years that employees at the company’s chip manufacturing plant in Kiryat Gat are being affected. According to sources familiar with the matter, employees at the Kiryat Gat site were summoned for hearings beginning Monday, with estimates suggesting the number of layoffs could reach into the hundreds

Former Israeli PM warns of ethnic cleansing as critics condemn forced relocation plan. In one of the most searing critiques from within Israel’s political establishment, former Prime Minister Ehud Olmert has described the Israeli government’s plan to relocate Gaza’s population to a so-called “humanitarian city” as tantamount to the creation of a concentration camp

Three major Israeli companies — NICE, Elbit Systems, and Unitronics — have secured landmark international deals, reinforcing Israel’s growing influence in global technology, defense, and industrial automation

To break the deadlock in Gaza ceasefire negotiations, Egyptian Foreign Minister Badr Abed al-Ati confirmed Tuesday night that Egypt, Qatar, and the United States are working together to revive a 60-day plan aimed at ending the ongoing war in Gaza. The plan includes a full hostage release and a temporary ceasefire, and is being presented to Hamas during renewed talks in Cairo

Nir Zuk, the visionary founder and Chief Technology Officer of cybersecurity giant Palo Alto Networks, has announced his retirement from the company, marking the end of a two-decade journey that helped redefine the global cyber industry

Amid the backdrop of ongoing regional tensions and war, Israel successfully launched its newest spy satellite, "Ofek 19", into orbit on Tuesday night. The launch took place at 10:30 p.m. from a site in central Israel, and the satellite was clearly visible from multiple locations across the country