Hitech
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
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
Jun 5, 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
Category: Hitech
New Zealand-based accounting software giant Xero has announced the acquisition of Israeli fintech startup Melio in a landmark deal valued at $2.5 billion, marking one of the largest acquisitions of an Israeli company in 2025. The move is aimed at accelerating Xero's expansion into the competitive U.S. small business payments market
Jun 24, 2025
Category: Hitech
As Israeli airstrikes rocked Tehran in a dramatic escalation of the long-standing conflict with Iran, the Shin Bet (Israel Security Agency) moved swiftly into high alert, launching a full-scale counter-terrorism and cyber defense effort in anticipation of Iranian revenge attacks
Jun 28, 2025
Category: Hitech
The Israel Defense Forces (IDF), in coordination with the Defense Minister, announced late Monday night that it had carried out a series of precision strikes on Houthi targets in western Yemen, following repeated missile attacks launched from the region toward Israel. According to the IDF, the targets included key infrastructure used by the Iranian-backed Houthi movement
Jul 6, 2025
Category: Hitech
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
Jul 7, 2025
Category: Hitech
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
Jul 13, 2025