Articles

Teva missed market forecasts for the third quarter. The Israeli pharma company concludes the quarter with revenues of $ 3.8879 billion, a decrease of 2% compared to the corresponding quarter last year - analysts expected revenues of $ 4.03 billion. Revenue was hit mainly by the decline in Copaxone sales in North America, which was partially offset by the growth of the generics and over-the-counter pharmaceutical sector in Europe. Net income was $ 292 million or 26 cents a share, lower than forecast, compared to a loss of $ 4.34 billion or $ 3.97 per share in the same quarter last year -...

After a long period of information leaks, Intel officially announced the launch of Alder Lake, the new generation of PC processors. This is the 12th generation of Intel Core processors, the successor to the previous generation (Rocket Lake). The new series of processors will be designed for PCs, desktops and laptops. In a press release, Intel (+ 1.71% 137.1) estimated that the processors would generate revenue in the order of tens of billions of dollars. Intel's big challenge will be to prove that the new processors address and close the gaps with the new AMD and Apple processors

The ruling of the Lod District Court Judge, Shmuel Bornstein, may force Teva to pay additional taxes in the hundreds of millions of shekels. Judge Bornstein rejected Teva's appeal (-6.72% 2915) against an order filed by the Jerusalem Assessing Officer regarding the tax years 2008–2011. At the heart of the dispute between Teva and the tax authority was the question of whether Teva's use of tax-exempt profits for the acquisition of Ivax, Barr, Ratiopharm and Cephalon, in the cumulative amount of $ 27 billion (of which $ 18 billion in cash), expires Teva's tax exemption. Under the Capital l...

On Thursday night, the Finance Committee approved the budget laws for the years 2022-2021 for a second and third reading in the Knesset. Last minute: An additional NIS 91 million was agreed for the opposition in the coalition agreements. After approving the numerical part of the budget last night, the committee also approved the verbal part tonight, thus concluding the budget discussions and the Arrangements Law ahead of next week's Knesset votes. Today, discussions on the Arrangements Law are expected to continue in the various committees in the Knesset, prior to its approval there as...

Chip giant Renesas, a leading Japanese provider of advanced semiconductor solutions, is acquiring Celeno Communications from Raanana, which provides Wi-Fi solutions. Under the agreement, Rensas will purchase Selno in cash, for $ 315 million (approximately $ 35.8 billion), of which $ 45 million will be paid only upon meeting a number of targets in accordance with the final terms of the agreement. The company's CEO and founder, Gilad Rosen, said in a conversation with journalists that the goals set are those that the company can successfully meet

Pfizer's Child Vaccines Launch: The U.S. Food and Drug Administration confirmed the panel of experts 'decision Friday night and issued an emergency approval for Pfizer's coronary vaccines for children ages 5 to 11. The FDA agreed with the experts' decision that the vaccine given in a third of adults is safe and effective. In the prevention of infection and disease in the corona. This coming Thursday, the Ministry of Health's epidemic treatment team is expected to hold a similar discussion ahead of the recommendation to approve vaccines in Israel. The discussion will be held for the first...

Daylight saving time will end on Sunday morning. Tomorrow Saturday night we will be enjoying for the last time daylight saving time until March next year. The savings for the Israeli economy from operating daylight saving time, which ends tomorrow night, between Saturday and Sunday at two in the morning, are estimated at more than NIS 400 million. If these figures are correct it would be possible to enjoy them all year round. There is room for daylight saving time all year round even in winter. In the summer days from the end of May to the end of October it was possible to move the hands...

A study by the Clalit Research Institute and Harvard University, published tonight (Saturday) in the journal Lancet, shows that the third dose of the vaccine, the booster, reduces hospitalizations by 93%, serious illness by 92% and mortality by 81%. The study was conducted between July 30 and September 23 this year and compared 728,321 Clalit patients who received a third dose of vaccine, and the same number of patients who received only two doses about five months earlier

The sites that were attacked on Tuesday by the group of hackers affiliated with Iran have not yet returned to work, meanwhile new and worrying details about the hacking of the dating site for the gay homosexual community "Atraf" have been revealed - and the hackers themselves are launching another $ 1 million payment demand. On Sunday afternoon, the telegram group of the hacker group Black Shadow wrote that "so far no one from the Israeli government or Cyberserve has contacted us. Obviously this is not an important issue for them. We know about the concern regarding Atraf's database, and...

Dun & Bradstreet reveals that the best high-tech companies and startups to work for. In the ranking of high-tech companies Microsoft retains the first place for the third year in a row. Google is ranked second and IronSource third. Salesforce jumped from the 10th place to 4th, Palo Alto jumped 7 places and is placed fifth. Monday rose from 16th place to the 8th. In the ranking of startups for the first time the ranking is divided into startups up to 100 employees and startups over 100 employees. Eko is First in the ranking of the best startups with up to 100 employees. Joytunes opens the...