News

Elementor, which develops an open source website building platform, is laying off dozens of employees

Posted on Jun 15, 2022 by Ifi Reporter - Dan Bielski

Elementor, which develops an open source website building platform, is laying off dozens of employees. It is estimated that the number of layoffs is about 50-60 employees, most of them from the...

The prices of unsupervised bread will rise: Berman and Deganit Ein Bar bakeriesraise 8% to 15%

Posted on Jun 9, 2022 by Ifi Reporter - Dan Bielski

The prices of unsupervised bread will rise: The Berman and Deganit Ein Bar bakeries have informed the retail chains of a price increase of 8% to 15% in specialty bread, the price of which is not...

Unemployment rate continued to fall in early May to about 3.4% of the labor force

Posted on Jun 6, 2022 by Ifi Reporter - Dan Bielski

The unemployment rate continued to fall in early May, and now stands at about 3.4% of the labor force, compared with about 3.6% in the second half of April. There are now about 144,000 unemployed...

Rafael acquires California's electro-optics systems maker PVP for about $ 50 million

Posted on Jun 4, 2022 by Ifi Reporter - Dan Bielski

Rafael has recently completed an acquisition of California's electro-optics systems maker PVP as part of a move to strengthen its U.S. manufacturing infrastructure. The deal is valued at...

More consumers pay at the checkout with their cell phone: Reached more than NIS 1 billion

Posted on Jun 1, 2022 by Ifi Reporter - Dan Bielski

More consumers pay at the checkout with their cell phone or smartwatch instead of pulling out a credit card: For the first time, spending on digital wallets - the apps that allow such payment -...

Sentinel One first Q: revenue jumped 109% to $ 78.3 million, above analysts' forecasts

Posted on Jun 1, 2022 by Ifi Reporter - Dan Bielski

Sentinel One, which deals with cyber, reports the results of the first quarter of 2022. The company's revenue jumped 109% to $ 78.3 million, above analysts' forecasts for revenue of $...

Sentinel One first Q: revenue jumped 109% to $ 78.3 million, above analysts' forecasts

Posted on Jun 1, 2022 by Ifi Reporter - Dan Bielski

Sentinel One, which deals with cyber, reports the results of the first quarter of 2022. The company's revenue jumped 109% to $ 78.3 million, above analysts' forecasts for revenue of $...

Unemployment continues to decline: The unemployment in Israel fell to a low of 3.1% in April

Posted on Jun 1, 2022 by Ifi Reporter - Dan Bielski

Unemployment continues to decline: The basic level of unemployment in Israel fell to a low of 3.1% in April, which is 132.6 thousand unemployed, after in March the unemployment rate was 3.4%...

Paz Group reports: 89% increase in total sales, which amounted to NIS 4.2 billion

Posted on May 31, 2022 by Ifi Reporter - Dan Bielski

Against the background of the never-ending rise in fuel prices to record numbers, the Paz Group has released its financial statements for the first quarter of 2022, which show the company's...

Businessman Rami Levy's company ended the first quarter of 2022 with a net profit of NIS 81 million

Posted on May 30, 2022 by Ifi Reporter - Dan Bielski

Businessman Rami Levy's company ended the first quarter of 2022 with a net profit of NIS 81 million - an increase of 72% compared to the corresponding quarter. The dramatic increase in profit...

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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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