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Israeli Trax, which provides analytics and computer vision solutions raised $ 640 million
Posted on Apr 7, 2021 by Ifi Reporter
The Israeli company Trax, which provides analytics and computer vision solutions to the retail industry, announced that it has completed a $ 640 million pocket in the fifth round (Round E), led by...
Corona Cabinet approved additional reliefs, including expanding the number of people allowed to congregate in an open area
Posted on Apr 7, 2021 by Ifi Reporter
Due to the continuing downward trend in morbidity, the Corona Cabinet approved additional reliefs, including expanding the number of people allowed to congregate in an open area from 50 to 100...
A new record in the Bank of Israel's foreign exchange reserves: $ 185.690 billion
Posted on Apr 7, 2021 by Ifi Reporter
A new record in the Bank of Israel's foreign exchange reserves, after the Central Bank purchased another two billion dollars during March, as part of its efforts to prevent a renewed decline...
The Ministry of Communications announced its intention to impose a financial sanction on the company in the total amount of NIS 1.1 million
Posted on Apr 7, 2021 by Ifi Reporter
The Ministry of Communications announced today (Wednesday) its intention to impose a financial sanction on the company in the total amount of NIS 1.1 million, due to "serious violations that...
Formula has signed a deal to acquire Zap and will pay NIS 240 million in cash
Posted on Apr 6, 2021 by Ifi Reporter
Formula Group has signed a deal to acquire Zap. Formula will pay NIS 240 million in cash and an additional NIS 60 million, subject to Zap meeting its profit targets.
For Zehavit Cohen, director...
HOT will start selling consumers very fast Internet for NIS 149 per month
Posted on Apr 5, 2021 by Ifi Reporter
HOT will start selling consumers very fast Internet without a promissing price tag: the company has revealed the prices of its fiber-optic infrastructure - for the Internet with a download speed...
Itzik Benvenisti, CEO of the Partner after 6 years in that position
Posted on Apr 5, 2021 by Ifi Reporter
Itzik Benvenisti, CEO of the Partner Group, informed the Company's Board of Directors of his intention to retire after 6 years in that position. Benvenisti took over as CEO in June 2015, at a...
Shirbit's financial report published on Sunday reveals the severity of the damage caused by the cyber breach
Posted on Apr 4, 2021 by Ifi Reporter
Insurance company Shirbit's financial report published on Sunday reveals the severity of the damage caused by the cyber breach to the company. NIS 26 million in 2019. The impact on...
Facebook is expected to establish a development center in the field of chips in Israel
Posted on Apr 4, 2021 by Ifi Reporter
Facebook is expected to establish a development center in the field of chips in Israel, which will focus on the processing and storage areas for the company's server centers (data centers)....
Aluma Infrastructure Fund purchased about 40% of Tamers Telecom, for about NIS 100 million
Posted on Apr 4, 2021 by Ifi Reporter
The Aluma Infrastructure Fund, established by Uri Yogev, together with the Ayalon insurance company, purchased about 40% of Tamers Telecom, for about NIS 100 million. This beam has a third deal...
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