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US cyber giant Proofpoint acquires Israeli cyber company ObserveIT for $ 225 million. To date, ObserveIT has raised more than fifty million dollars.Observer develops solutions to address enterprise security threats. The company was founded in 2007 by Gabi Friedlander and Avi Amos and in 2013 the American venture capital fund Bain Capital acquired a significant stake in the company. The company's headquarters are in Boston and the main development center - in Tel Aviv. The company's CEO, Mike McKee, sits in Boston. The director of the company's development center in Israel is Tal Tikotsky....

Facebook announced that the conduct of Prime Minister Benjamin Netanyahu's Facebook page violated the company's rules and therefore suspended the page's chat bot activity for twenty-four hours. Facebook explains that all chat activity will stop for a day regardless of the content being distributed. That means all Likud campaign content will be blocked in Messenger, and not just texts that violate company rules. The company statement said that the texts posted on Netanyahu's Facebook page were "hate speech" and therefore violated the company's policy. According to the company announcement...

Israeli cleantech startup UBQ collaborates with German company Daimler, Mercedes' parent company, to pilot the eco-plastic substitute produced by UBQ as a raw material in automotive production. The UBQ venture from Kibbutz Ze'elim has developed an innovative and efficient recycling process that transforms household waste into new plastic-like material. In the production process, waste is reduced to its most basic natural components at an almost molecular level. These particles connect together to the new raw material. It is a decomposition of a diverse bulk containing all the components of...

An anti-aircraft missile fired from Syria at Israel fell overnight in the Negev, after an attack attributed to Israel. An air defense system was activated against Syrian anti-aircraft fire, and in response the Air Force attacked the battery from which the missile was fired. In Syrian space. According to reports in Syria, the air force attacked several targets in the Damascus area shortly after 01:30 tonight, and then several surface-to-air missiles were fired, one of which fell in the south of the country. An IDF spokesman said that "the missile, apparently an SA5 model, which reaches a...

The Investment Authority of the Ministry of Economy and Industry, will implement a program to integrate interns from the Arab population in the industrial and high-tech sectors. The program is designed to help employers from the high-tech industry integrate students and graduates of higher education institutions in Israel from the Arab population, including Druze, Bedouin and Circassians studying technological subjects. The course is intended for corporations from all over the country dealing with elite technologies, companies in the pharmaceutical industry, electronic components,...

In the coming years, government agencies are expected to contract with many foreign companies through 100 infrastructure and energy tenders, whose total value is estimated at NIS 200 billion. The Ministry of Economy said today that the call made by Minister Cohen to his colleagues in the government that the need to require government-awarded companies to implement reciprocal procurement in these auctions stems from the evasion of government entities from the obligation on foreign suppliers to reciprocate in the Israeli economy. During the cabinet meeting, the head of the Industrial...

Shufersal, a prominent player in the food retail sector, reported a remarkable 68% surge in operating profit for the second quarter of 2023 when compared to the same period in 2022. The figure stood at a staggering NIS 89 million. Despite this noteworthy profitability upswing, Yitzhak Abarkhan, the Chairman of Shufersal, has emphasized that the company is far from content. Sources indicate that the retail giant is embarking on another sweeping efficiency program, poised to significantly impact its financial landscape throughout 2024 and 2025

After six consecutive months of increases, fuel prices will drop sharply tonight at midnight - according to the Ministry of Energy announcement. The decrease is recorded following the drop in oil prices in the world in the last month, and after last week the Ministry of Finance published an order that expands the reduction of the excise tax on fuel to NIS per liter. The order that reserves the reduction of the excise tax on fuel will be in effect until the end of the month, after which it will be possible to extend it

Two construction workers in their 30s were killed on Monday afternoon and another worker was moderately injured as a result of collapsing scaffolding at a construction site on Rakfat Street in Givat Ze'ev. The police began examining and collecting evidence and findings at the scene and representatives of the Ministry of Labor were called to the scene to investigate the case. The incident was reported at MDA's 101 hotlines in the Jerusalem area at 12:04 p.m. Scaffolding on an exterior wall of a 12-story construction site collapsed and three workers were trapped under them. Medium to...

Commissioner for the Fight against Corona Prof. Roni Gamzo said that 40% of the new nationals in recent days are ultra-Orthodox - and that there is a disturbing increase in the number of ultra-Orthodox patients over 60. In a briefing to the media on Thursday, , And hopes that in the coming days it will be possible to see the consequences of the closure that began already on Rosh Hashanah. "We woke up this morning with 9,000 verified cases," Gamzo said in his opening remarks, which were made in the background of the jump to 32 deaths a day. The number of victims today stands at 1,571 people...