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The Israeli cyber company Tufin has announced that it will be sold to Turn / River Capital - an investment company that focuses on investments in software companies - at a value of $ 570 million, which is about 60% higher than the company's current value. Shares of Tuffin soared 40% in early trading on Wall Street, to $ 12.8. Tufin shareholders will receive $ 13 in cash per share, a 44% premium to the company’s share price last night at the close of trading on Wall Street. According to the agreement, in the coming month, until May 5, there will be a period of "go-shop" - that is, Tufin...

The rate of eligibility for a matriculation certificate among 12th grade graduates last year stands at 69.7% across the country, a slight decrease compared to the previous year which ended with 69.9%. Data published on Monday by the Ministry of Education show that despite the stability among those eligible for matriculation in the Jewish sector, eligibility among Bedouin students fell below 50%, and among Arab students in general there was a percentage decrease among those eligible

The Bank of Israel has reported a staggering loss of over $2 billion in August, stemming from its management of Israel's foreign exchange reserves. The losses have raised concerns about the central bank's investment strategies, prompting questions about the stability of the nation's financial assets

In recent days, the Biden administration approved the transfer of fighter jets and "dumb bombs" to Israel at a total cost of billions of dollars, the Washington Post reported on Friday evening. According to the report, based on sources in the Pentagon and the US State Department, these are 25 F-35A aircraft and engines with a total value of $2.5 billion, as well as more than 2,300 MK84 and MK82 bombs weighing 900 and 225 kg respectively. According to the American newspaper, these are bombs that caused extensive damage to the Gazan population during the war

The new start-up program will act "to accelerate Israeli startups in the early stages, and will begin operating in Israel and then expand to other countries." According to Intel's announcement, the program is designed for "Israeli start-ups that focus on the most influential developments in today's industry, including artificial intelligence (AI), autonomous systems and data-focused technologies and other business models. Start-up companies in the pre-seed stage to Sid in a 20-week program where they will receive practical mentoring from Intel experts and industry in a variety of product,...

Ceragon Networks announced that a Tier 1 mobile operator in Latin America is taking another step in expanding and densifying its 4G network in multiple countries in Latin America with Ceragon. Ceragon is providing the operator with network design, rollout and optimization services using the company's complete IP-20 Platform portfolio. The operator will leverage Ceragon's millimeter-wave network densification solutions, along with microwave backbone solutions to address substantive increases in capacity claims. So far in 2019, orders placed in support of this project total over $ 14 million,...

The security establishment was alarmed last night (Thursday) by violent disturbances in the village of Jit, Samaria, where dozens of Jewish rioters set fire to homes and vehicles and allegedly shot and killed a young Palestinian man. A security source expressed shock, stating that the violence occurred "without a trigger, without an attack," and described the incident as serious. The source also noted a troubling increase in such incidents in recent months, raising concerns about the lack of law enforcement

The State Comptroller found in a very serious report that the Water Authority did not properly manage and caused a shortage of water that is not the result only of years of shortage of rainfall. The State Comptroller's report indicates that the lack of sustainable planning of the water sector and its failed management by the PA have once again put the water sector in crisis. Among other things, the Water Authority, according to the comptroller, allowed the water level of the Sea of ​​Galilee to fall below the lower line, which could cause irreparable damage to the water source

The government approved the construction and housing minister Yifat Shasha Biton's proposal to extend his stay in Israel to 1,700 Chinese construction workers. According to the decision, which is intended to prevent damage to construction and infrastructure projects in Israel. The workers' residence permit will be extended until the end of June 2020 following the postponement of the arrival of new workers from China following the virus. The worrying outbreak in China of the Corona virus that has infested thousands of people and has already taken the lives of hundreds of victims,...