Articles

The world's largest beer manufacturer, AB InBev, is setting up a cyber division in Israel that will meet global information security needs in all the regions in which it operates. The company has begun recruiting senior cyber personnel to be employed at a technology center it operates in its offices, which are spread over an area of ​​1,200 square meters at the Sonol Tower in Tel Aviv. In the first stage, about 30 employees will be recruited. By the end of next year, about 100 cyber workers will be recruited. AB InBev began operating in Israel after purchasing the Weissbeerger startup a...

Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon announced that they agreed to continue subsidizing kindergartens operating in the afternoon at the end of the school day, in the coming school year. The proposal will be submitted for Cabinet approval. The two claimed that a financial source was found for the continuation of the subsidy, but did not provide explanations as to the effect of the subsidy on the expected cuts in government ministries, in light of the growing deficit. Attorney General Mandelblit confirmed on Sunday that the budgets of government ministries...

Gross domestic product increased by 4.8% in the first quarter of 2019 compared to the fourth quarter of 2018, according to the second estimate published by the Central Bureau of Statistics on Sunday. This increase is more moderate than the previous estimate for the first quarter published last month, which reported an increase of 5.2%. Although the Central Bureau of Statistics has revised its growth rate in the first quarter downwards, this is still an impressive figure, reflecting an increase in the economy's growth rate, by 3.8% in the fourth quarter and 3.8% in the third quarter of 2018

The new start-up program will act "to accelerate Israeli startups in the early stages, and will begin operating in Israel and then expand to other countries." According to Intel's announcement, the program is designed for "Israeli start-ups that focus on the most influential developments in today's industry, including artificial intelligence (AI), autonomous systems and data-focused technologies and other business models. Start-up companies in the pre-seed stage to Sid in a 20-week program where they will receive practical mentoring from Intel experts and industry in a variety of product,...

French-Israeli businessman Patrick Derhey buys Sotheby's, the largest auction house in the art world, for $ 3.7 billion. Sotheby's announced that BidFair USA, owned by communications and telecom entrepreneur Patrick Drahi, will pay $ 57 per share in cash, and Sotheby's will become a private company. This is a 61% upside on the share's closing price last Friday on Wall Street - $ 35.39 per share, reflecting a market value of $ 26 billion before the deal

Netflix announced on Thursday that it will also raise prices in Israel. The change comes along with price increases in dozens of countries around the world, including France, Italy, Ireland and another 17 countries. At the time of the launch, the company offered three payment plans - the first for about NIS 30, which allows viewing one screen, the other for about NIS 40 for viewing on two screens, and the third and most advanced one, which allowed viewing four screens for NIS 50. Now the basic package price is expected to rise by NIS 3 to NIS 33, the price of the middle package will rise by...

VC Innogy Innovation Hub along with ConTech, an innovative program by the Israel Builders Association, in partnership with the Ministry of Housing and Construction and the Ministry of Economy, have all recently conducted a joint research to examine processes in the PropTech field over the last decade , including development in construction tech, asset insurance, property management, real estate exchange, and digitalization of construction processes, to name a few. The research found more than 100 different startup companies operating in this scope, with the last five years marking a...

The Ministry of Finance published a memorandum to increase the retirement age for women, now 62 years. According to the proposal, this is a gradual move that will take place over a period of 11 years, starting next April. In the first three years, the retirement age will be raised at a rate of 4 months per year, and for the rest of the years - 3 months per year. Then the retirement age will be linked to life expectancy when the retirement age for women can not exceed that of men. The first stage in which the retirement age will be raised in 4 months per year will apply to the children born...

The Ministry of Transport published the identity of the winners in four service taxis in Beer Sheva, Ramle-Lod, the southern suburbs of Tel Aviv and Netanya. The use of the multi-line on these lines will only be possible on weekdays, but taxi service operators will be able to offer travel on Shabbat as well. All in all, there are dozens of service taxi lines, half of which are new lines, which will begin operating within a few months. In each of these plans, dozens of municipal and interurban taxis will be operated, doubling the number of taxis in these areas. Passengers in service taxis...

43 employees were killed in work accidents in the first half of 2019 - an increase of 30% over the same period last year, and the highest figure for this period in the last five years. Kav La'Oved, a report published by the Kav LaOved organization, is working to eradicate the scourge of work accidents in general and in the construction industry in particular. The main cause of fatal work accidents is falls from heights - with about 40% of these accidents. The second factor is the fall of heavy objects - with 26% of the fatal accidents, and the third of the injuries to vehicles (18%) most...