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The American company Rapid 7 announced Monday the acquisition of the Israeli cyber intelligence company IntSights. The amount of the transaction will be close to $ 400 million and includes a component of the purchase of shares, cash existing in the company's coffers and an amount for employee retention. Following the acquisition, Insights is expected to become the development center of Rapid 7, in Israel. Insights was established in 2015 by Guy Nitzan (CEO), Gal Ben David (CTO) and Alon Arbetz (Director of the Development Center), all three graduates of various technology units in the IDF....

In the new cemetery in Lod, seventeen-year-old Rina Schenarb, seventeen of Lod, was arrested this morning in a terror attack near the Dolev settlement in Benjamin. Hundreds accompanied her in her last way Rina Schnarb was hit by a sabotage while traveling with her father and brother near the spring of Danny. The brother, Dvir, nineteen, sustained severe wounds from shrapnel. He was analyzed this afternoon at Hadassah Ein Kerem Hospital in Jerusalem, and was told that his condition was stable and that his life was not in danger. The father of the family, Ethan, is hospitalized and his...

How is it possible that the number of businesses closing is actually declining when Israel is experiencing one of the biggest economic crises in the country's history. According to data from the business information company, CofaceBdi, between January and September 2020, 49,125 businesses were actually closed. In contrast, data from the Tax Authority show that only 14,271 business owners reported to the Tax Authority the closure of a business during this period. According to CofaceBdi, in July and August the number of businesses that ceased operations increased sharply (87% and 99%,...

Veteran Veteran communications equipment company ECI, controlled by Shaul Shani, reports a merger agreement with Ribbon Communications for 32.5 million shares of Ribbon, plus $ 324 million in cash. In addition, as part of the agreement, ECI's shareholders will receive up to $ 31 million for real estate assets owned by the company. Sovereign investors, who operate in the field of secure cloud communications, are responding harshly to the move. Its stock (NYSE: RBBN) plunged NASDAQ by about 25%, reflecting a market cap of $ 347 million. The deal, including the stock component, reaches $ 486...

Education Minister Yoav Kish has declared a complete return to routine in the education system for schools located in green areas with no significant restrictions from the Home Front Command. Minister Kish expressed confidence that, barring any deterioration in the situation, the education system will resume normal operations starting next Sunday in these green zones

600,000 Israelis on unpaid leave. This is according to data from the Employment Service published on Monday. Since September 17, the day before New Year's Eve and the entry of restrictions, 213,828 jobseekers have been registered in the employment service - of which 192,223 are due to unpaid leave and 21,605 for other reasons. Of the job seekers enrolled since that date, for 154,680 this is the second or more enrollment since the start of the corona crisis in the bitter month (72% of enrollees in this wave). Currently, 942,678 jobseekers are registered with the employment service, of which...

After last week's devastating attack on Cyberserv's servers and the disclosure of details from the Atref website: A denial of service (DDoS) attack shut down the DNS service of the Israeli company Domain the Net, which is one of the domain name registers (early evening). Domains) The largest in the country for co.il addresses on behalf of the Israeli Internet Association. According to many complaints from the company's customers who also came to us, many sites, estimated by several thousand, began to experience access issues and stopped receiving emails. As far as is known, this is not an...

Israel has transferred more than NIS 2 billion to the Palestinian Authority, following a settlement with the resolving authority part of the crisis over the offsetting law. Recall, since February, the authority has been refusing to take from Israel taxpayers it collects, amounting to NIS 8 billion a year. These are customs duties and other taxes collected from Palestinians, mainly merchants and companies that transport goods through Israel

Marking the prices on stickers on products, which the marketing chains were required to do about 25 years ago, is one of their most hated obligations. Again and again, the networks tried to cancel the obligation, which they claim imposes heavy costs on them, and does not exist in any country except Israel. Now, it seems that the pressure of the networks is going to bear fruit. Next week, a memorandum of law (a draft of a government bill) will be published for public comment that will propose to cancel the labeling on the stickers, provided that the price appears on the shelf, next to the...

The government is scheduled to discuss today and decide on a reform in the technological education system. According to the proposal, the prerequisites for acceptance, the number of hours of training and the number of examinations in technological education under the responsibility of the Ministry of Labor and Social Affairs will be significantly reduced. The model submitted for Cabinet approval was not discussed at all with the Ministry of Education and the Council of Technicians and Practical Engineers. There was no consultation with representatives of the industry, which is supposed to...