Latest Articles
Category: Hitech
Talon Cyber Security, developer of the first secure browser for enterprises, has completed a $100 million Series A funding round. The round was led by Evolution Equity Partners, with participation from Ballistic Ventures, CrowdStrike's Falcon Fund, Merlin Ventures, SYN, and existing investors George Kurtz, founder and CEO of CrowdStrike, Lightspeed Venture Partners, Sorenson Ventures and Team8 Capital. The round brings the total amount that Talon has raised since its inception to $126 million.The fundraising funds will be used to continue developing and improving the product and speeding...
Aug 4, 2022
Category: Financial
The government price committee recommended on Wednesday evening to raise the price of supervised nurseries by a high amount of NIS 500 per month. Ynet has learned that the ministers of finance and economy will not approve the recommendation: "This is a disproportionate harm to the public of parents." Failure to raise the price may result in at least some nurseries not opening
Aug 3, 2022
Category: Financial
The Israeli cyber giant Check Point presented its second-quarter report and managed to overtake the analysts' forecasts in the key indicators: the company's revenues jumped by 9% to 571 million dollars, and the diluted earnings per share (the key figure in this article which is Non -GAAP) was $1.64, compared to average expectations for revenues of $560 million and earnings per share of $1.62
Aug 1, 2022
Category: Financial
After six consecutive months of increases, fuel prices will drop sharply tonight at midnight - according to the Ministry of Energy announcement. The decrease is recorded following the drop in oil prices in the world in the last month, and after last week the Ministry of Finance published an order that expands the reduction of the excise tax on fuel to NIS per liter. The order that reserves the reduction of the excise tax on fuel will be in effect until the end of the month, after which it will be possible to extend it
Jul 31, 2022
Category: Financial
Enterprise video solutions company Kaltura reports that it has received a purchase offer at a value of $383 million, a 27% premium over the last closing price on Wall Street. The potential buyer is a competitor of Kaltura called Panopto, which already at the beginning of June announced its intention to buy Kaltura. Earlier this month, it already put a concrete offer on the table, but Kaltura for its part only disclosed the contacts now, when the offer was improved, and more importantly - when Panopto's partner in the move, the K1 Foundation, became an interested party in Kaltura and left...
Jul 29, 2022
Category: Financial
The price of electricity will increase this Monday at a rate of 8.6%, one percent less than the original decision of the Electricity Authority. This means that the price of electricity will increase on average for a family in two months by about 86 shekels, which is 43 shekels per month and more than 500 shekels per year. The Electricity Authority announced the final price on Wednesday evening after holding an oral hearing procedure for the main parties who challenged the decision to raise the price of electricity at such a high rate, led by the Association of Manufacturers, whose leaders...
Jul 27, 2022
Category: Hitech
After a long series of cuts in the startup companies and the unicorns, it is the turn of the public high-tech companies. The Fiverr company, which was considered one of the most successful Israeli IPOs of recent years, informed its employees of the layoff of 60 employees, half of them in Israel. Fiverr developed a platform to connect freelancers with organizations and enjoyed a tremendous boom during the Corona period which led to the recruitment of many employees to meet the load of demand
Jul 27, 2022
Category: Real Estate
The average mortgage amount given by the banks to the public decreased in June by about 0.7%, to NIS 988,000 compared to NIS 995,000 in May of this year. In June, banks made 12,024 mortgages and marketed a total of 11.9 billion shekels - according to data published by the Bank of Israel. The decrease in the average mortgage amount occurs at the same time as the decrease in apartment sales and the stagnation in the increase in the volume of mortgages in recent months, after the record recorded in March of this year - NIS 13.4 billion. The decrease in the amount of the mortgage does not...
Jul 25, 2022
Category: Financial
Prime Minister Yair Lapid and Economy Minister Orna Barbibai announced on Monday evening that they had agreed on a more moderate and gradual increase in the price of bread. The price of the uniform sliced bread will increase by 5.5% instead of 11% as previously planned. The price of challah will increase by 8% instead of 21% and the price of flat bread will increase by 5% instead of 36%. Another increase in price will take place in the month of December, when the price of the uniform sliced bread and the price of challah will increase as determined by the price committee, while the...
Jul 25, 2022
Category: Health
"The ultra-Orthodox who enter the site are mainly looking for jobs in high-tech, and we get quite a few resumes from software developers, analysts, etc. In addition, one of the filters we choose the most is work from home, which is great. from afar". This is what Noam Tzobari, co-founder of the "Jobik" website, a new job website for the ultra-Orthodox public, says. The site, which was launched last week, has already been accessed by more than 60,000 job seekers from the ultra-Orthodox sector. This is not the only job site intended for ultra-Orthodox society, but the scope of jobs is...
Jul 21, 2022
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