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"US Comtech acquires Gilat Satellites for $ 577 million: The deal will be made in cash and shares, with the share price at $ 10.25 - the price at which the stock closed yesterday's trading at $ 10.11. The consideration - 70% cash and the remainder of Comtech. The main beneficiaries of the deal are the Ishi Davidi Phimi Fund, which holds 34.1% of the company's shares and will receive $ 181 million for them. Mivtach Shamir is the second largest shareholder in Gilat, with a 9.7% stake in the company's shares - you will receive $ 52 million for the shares. Gilat shareholders, including the...

Facebook is suing the Israeli NSO following a crackdown on the spyware exploited by a spyware developer, which it says has been used, among other things, to track at least 100 journalists and human rights activists. That's how the tech giant announced. "In May, Wetsap announced that it had identified and blocked a new type of cyberbullying that included a video call service vulnerability," Wetsap Director Will Cathcart said in a Washington Post article. "Now, after months of investigation, we can say with certainty who is behind the attack. Today we filed a lawsuit in a federal court that...

43 people have been diagnosed as positive for the Corona virus in the last day. This is according to the Ministry of Health data released on Tuesday evening. This represents an increase of 0.26%. Since Saturday night, only 104 new patients have been diagnosed. It has been over a week that the daily growth rate does not exceed one percent. 5,586 people are now defined as active patients, and 10,465 have recovered. In the last day, there was also a 4% increase in the number of recoverers. 91 of the patients are in a difficult situation - only one patient increase compared to yesterday....

The Consumer Protection Authority imposed a fine of NIS 5,598,720 on Domicar Ltd. (Budget Car Rental) for misleading consumers under aggravating circumstances: concealing a material detail in the transaction. It is alleged that Budget sold 93 vehicles that were used as rental vehicles, which it presented as vehicles that were used as leasing vehicles to 93 different consumers. In addition, the company published 28 cars on the company website and on the Focus website, presenting them as leasing vehicles, while in practice they were used as rental vehicles, and sometimes even as leasing...

About 60 students from Israel from 3 academic institutions (Tel Aviv University, Hebrew University and Interdisciplinary Herzliya) participated in the L'Oreal Marketing Innovation Competition - BRANDSTORM this year and joined 40,000 students who participated in the competition worldwide. The theme of this year's competition was sustainability: BUILD A PLASTIC-LESS FUTURE IN THE BEAUTY INDUSTRY, in collaboration with L'Oreal's consumer products division. Eighteen outstanding students rose to the final stage, and last week (19.5.20) the final competition was held, as the winning team from...

The director general of the Ministry of Education, Assaf Tzalel, resigned from his position, in protest of the coup d'état legislation. In a statement he published, he said that "the rift we have reached does not allow me to continue to exercise my responsibilities properly, and that as a public representative he "wishes to take responsibility and end my duties." Education Minister Yoav Kish thanked Tzalel for his position and announced that the director of the Jerusalem district of the ministry, Meir Shimoni, would replace him as director general of the ministry

An intriguing exhibit on the aerial shelf - Tiny helicopters without a pilot: IAI's multiplayer system will be presented for the first time in the coming days as an advanced technological technological solution for monitoring, observation, control and cargo transport tasks. Unlike the glider world, which is booming in the use of the IDF and other security bodies, the unmanned helicopters provide a dual advantage that lasts for prolonged stays in the air for several hours in a row and carrying heavier weights

In response to a sharp decline in international tourism amid ongoing conflict, Israeli hotels are rolling out a targeted effort to entice local vacationers. The Hotel Association, in collaboration with approximately 180 hotels nationwide, has announced a limited-time discount initiative aimed at stimulating domestic tourism during these challenging times. The promotion, effective immediately, offers a minimum 20% discount on all vacation bookings scheduled between June 18 and August 13, 2024. This 48-hour flash sale begins today at 13:00 and ends on June 20 at the same time....

The corona cabinet approved to immediately shorten the duration of isolation to one week, subject to two negative corona tests. This is instead of two weeks of isolation without testing or ten days subject to negative testing. Those who improve the insulation are expected to be fined NIS 5,000. The cabinet is now discussing further restrictions, including a "softened" green label that would require people who are not vaccinated or recovering to present a negative corona test at the entrance to enclosed spaces where there are more than 100 people. Prime Minister Naftali Bennett said after...

The Minister of Innovation, Science and Technology, Orit Farkash HaCohen, announced that she has issued a policy directive to the Innovation Authority, the main point of which is to set strict goals for significantly increasing the representation of ultra-Orthodox, Arabs, women, juniors and Israeli high-tech periphery. According to the Minister, this is a program based on comprehensive economic work carried out in recent months by the Ministry of Innovation, led by the Director General of the Ministry of Innovation, the Deputy CEO, Task Company and in collaboration with the Innovation...