News

Israeli cyber company Oxeye is being sold for approximately $40 million to GitLab

Posted on Mar 19, 2024 by Ifi Reporter - Dan Bielski

The Israeli cyber company Oxeye is being sold for approximately $40 million to GitLab, which offers a platform for open source software development, after the latter had already recently acquired...

Government Approves Construction of Two New Power Plants Despite Local Opposition

Posted on Mar 18, 2024 by Ifi Reporter - Dan Bielski

  National Infrastructures Committee has given its approval for the construction of two new power plants in the Ha'aretz tender. The decision comes despite heavy objections from...

White House National Security Advisor: Deputy head of the Hamas military wing Marwan Issa, was killed by Israel

Posted on Mar 18, 2024 by Ifi Reporter - Dan Bielski

The White House National Security Advisor, Jake Sullivan, said that the deputy head of the Hamas military wing, Marwan Issa, was killed in an Israeli bombardment in the Gaza Strip last week. In...

User Captain Daniel Peretz, (22) fell in battle on October 7 - His body is in Hamas hands

Posted on Mar 17, 2024 by Ifi Reporter - Dan Bielski

Captain Daniel Peretz, 22 years old from Mid Binyamin, fell in battle on October 7, and his body is being held by Hamas in the Gaza Strip - this was allowed to be published today. Peretz was a...

Israrli owned mattress company Resident is sold for a billion dollars to the American furniture company Ashley Home

Posted on Mar 13, 2024 by Ifi Reporter - Dan Bielski

The mattress company Resident is sold for a billion dollars to the American furniture company Ashley Home. Among the biggest beneficiaries of the transaction are the founders Ran Raska, Craig...

Israeli Wiz company (Wiz) acquires the Israeli start-up Gem Security for 350 million dollars

Posted on Mar 13, 2024 by Ifi Reporter - Dan Bielski

The Israeli Wiz company (Wiz) acquires the Israeli start-up Gem Security (Gem Security) for 350 million dollars. The purchase was first reported by the Bloomberg website and is expected to be a...

International Bank ended the year 2023 with a profit of NIS 2.17 billion, a jump of 30.3%

Posted on Mar 12, 2024 by Ifi Reporter - Dan Bielski

The International Bank ended the year 2023 with a profit of NIS 2.17 billion, a jump of 30.3% compared to 2022 - the profit reflects a return on capital of 19.7%, compared to 16.6% in 2022. The...

Dramatic Shifts in Second Round of Local Elections: Yahav wins in Haifa

Posted on Mar 11, 2024 by Ifi Reporter - Dan Bielski

In a surprising turn of events, the second round of local elections has brought about significant changes in several municipalities across the country. After two weeks of anticipation following...

Cal profits decreased in the fourth quarter of 2023 by 36% to NIS 26 million

Posted on Mar 11, 2024 by Ifi Reporter - Dan Bielski

The war of iron swords that started at the beginning of the fourth quarter gave its signals on the results of the credit card companies. The company's profits decreased in the fourth quarter...

Economic Committee to Debate Bill Prohibiting Price Increases During Wartim

Posted on Mar 6, 2024 by Ifi Reporter - Dan Bielski

The battle against price hikes in the food industry is set to take center stage once again as a bill is brought before the Economic Committee on Wednesday. Competition Commissioner Adv. Michal...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... 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 →


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