Popular Articles

Alibaba is acquiring the Israeli start-up company "Infinity Augmented Reality"
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Alibaba announced that it is acquiring the Israeli company InfinityAR. The amount of the acquisition was not disclosed but is estimated at $ 10 million. In a statement issued by the Israeli company, she says that the company's employees will join Alibaba's machine vision lab in Israel after three years of partnership. Alibaba is the largest investor in the company alongside Moshe Singag's Singularity. So far, $ 25 million has been invested in the Israeli company, so the deal does not return the investment in a company established in 2012

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Mar 24, 2019

First time since the establishment: Yes and Bezeq International offer a triple bundle service
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For the first time since the establishment of YES, yes and Bezeq International have announced a triple triple service in which the customer will be able to receive, in one package: television services, Internet at 100 megabytes (infrastructure and supplier) and home telephone. The new triple will be marketed together with Bezeq International, but the brand that will accompany the activity will be yes, in order to respond competitively to its competitors in the television market, which has long offered triple packages and thus had a significant advantage over it

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Jul 14, 2019

The CEO of the public broadcasting corporation "Kan", Eldad Koblenz is being fired after 7 years
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The CEO of the public broadcasting corporation "Kan", Eldad Koblenz, is leaving his position after seven years. He will be temporarily replaced by the corporation's vice president of television, Tal Freifeld. Koblenz was due to end his term in March 2023 but was forced to resign after a dismissal order was issued by the corporation council last month. Koblenz petitioned the Labor Court for a restraining order against his dismissal, but the president of the Jerusalem Regional Labor Court, Justice Eyal Avrahami, ruled on Thursday that the hearing procedure for Koblenz was lawful. The...

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May 28, 2022

Nationwide Demonstrations Demand Return of Abductees and Accountability for October 7 Failures
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Large demonstrations took place across Israel on Saturday evening, calling for the return of the remaining abductees’ bodies from Gaza and demanding government accountability for the failures of October 7. Rallies were held in Tel Aviv, Haifa, Be’er Sheva, Jerusalem and numerous junctions nationwide

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Nov 29, 2025

Fitch is Concerned Over Israel's Political and Security Instability - Credit Rating Downgrade?
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Economists from Fitch, one of the world's top three credit rating agencies, visited Israel this week to meet with senior economic officials and express significant concern over the country’s political situation and the ongoing security escalation. According to one of the officials involved in the meetings, the Fitch representatives were "really worried and negatively surprised" by the current state of affairs. This has raised concerns that the agency may bring forward its report on Israel's credit rating, potentially issuing a warning of a downgrade if the situation doesn't improve

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Mar 24, 2025

Discount Bank: Net Profit Grows 2.1% to NIS 4.3 Billion - Announces New Strategic Plan for 2030
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Discount Bank reported a modest increase in net profit for 2024, reaching NIS 4.3 billion, up 2.1% from NIS 4.2 billion in 2023. However, the bank's return on equity (ROE) declined to 14.2%, compared to 15.7% in the previous year. Despite the slight dip in ROE, the bank posted solid results, driven by strong performance in the fourth quarter

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Mar 11, 2025

Defense Minister Katz Moves to Shut Down Army Radio by 2026; Journalists’ Union: Fight Closure
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Defense Minister Israel Katz announced on Wednesday that he intends to bring a government resolution to close Israel Defense Forces Radio (Galei Tzahal) by March 1, 2026, following the recommendations of a committee he appointed earlier this year. The popular music channel Galei Galatz would be excluded from the closure

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Nov 12, 2025

Fourth lottery of the "discounted apartment" program is underway: 7,000  units will be sold
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The fourth lottery of the "discounted apartment" program is underway: the Ministry of Construction and Housing and the Israel Lands Authority (RMI) announced that another lottery, which includes about 7,000 discounted housing units throughout the country, will open at the end of the year (Wednesday, 12.28.22) and will be closed About a week and a half later, with the beginning of the new civil year (Sunday, January 8, 23). So far this year, about 21 thousand households have won the lotteries held as part of the program, which was promoted by the outgoing Minister of Construction and Housing...

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Dec 4, 2022

Teva's trial begins: Tuesday the jury's selection phase for New York State's opioid lawsuit starts
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Tuesday, the jury's selection phase for New York State's opioid lawsuit against Teva and another line of pharma giants, including Johnson & Johnson (JNJ) and Maxon (MCK), is set to begin. The purpose of the lawsuit is to prove that the companies took an active part in a false business conduct to make money, with the aim of receiving monetary compensation. Returning to the continuation of the legal proceedings is a turning point, which began with the plague, so quite a few proceedings stopped. Now that the U.S. is starting to get back to normal, not only will the trial in New York begin,...

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Jun 8, 2021

Waze users can view navigation instructions on all Ford models equipped with SYNC App.

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