News

The Israeli company TipRanks has completed a $ 77 million round of funding

Posted on Apr 9, 2021 by Ifi Reporter - Dan Bielski

The Israeli company TipRanks has completed a $ 77 million round of funding, led by the international technology corporation Prytek and with the participation of Moore Investment House. This is the...

Israeli Trax, which provides analytics and computer vision solutions raised $ 640 million

Posted on Apr 7, 2021 by Ifi Reporter - Dan Bielski

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...

A new record in the Bank of Israel's foreign exchange reserves: $ 185.690 billion

Posted on Apr 7, 2021 by Ifi Reporter - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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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El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →


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