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Israel Approves New $1 Billion High-Tech Stimulus Package

The announcement came the same day as the government passed Israel’s 2024 state budget

Biden Signs Executive Order Limiting High-Tech Investment in China

The White House said the prohibitions were not intended to separate the US-China interdependent economies, but rather were meant to protect national security goals.

Average Israeli Monthly Salary Rose 5% in April

It appears there is a gradual recovery taking place in high-tech, at least in Israel, where the number of salaried positions rose by 3.3 percent between March 2022 and March 2023.

Report: Israeli Hi-Tech Has Gone from Record Growth to Complete Standstill

Nevertheless, there are bright spots. The Agri-FoodTech and Cleantech sectors ranked second in annual growth rate for the second consecutive year.

SVB Proves Israel is the Safest Investment

I truly wish that these entrepreneurs who pulled their money [out of Israel] will take this story and learn their lesson, that their money is safer here than anywhere.

Report: Meta Planning Thousands More Layoffs

Some 13 percent of the company's workforce was laid off last fall as the high-tech sector begins to crash.

Despite the US Economic Slump, Israeli Startups Blossom in the Big Apple

Some 400 Blue and White tech initiatives are busily innovating in New York City.

Israel’s High-Tech Sector Slashing Jobs

More than 500 high-tech employees were laid off on Sunday, 400 of them at the R&D center for Aid Genomics and 120 at Asurion's R&D center.

For First Time in Israel’s History, High-Tech Exports Accounted for More than 50%

One-third of the high-tech companies in Israel, which employ around 25% of all the workers in the industry, is located in Tel Aviv.

Survey: Despite Investments, Government Aid, Israel’s Hi-Tech Must Take ‘Painful Actions’ to Survive Crisis

"The State of Israel expects Israeli industry to solve these most complex challenges – mainly health and economic challenges. However, we will not be able to do so without the necessary assistance."

Survey of 414 Israeli Hi Tech Companies Reveals Startup Nation in Trouble

“The results of the survey show that many early-stage technology companies are facing bankruptcy, and the industry is not receiving sufficient assistance from the Israeli government."

Israel Is Shutting Down as 178th Coronavirus Patient Enters Quarantine

high-tech companies in Israel expressed concern that their broadband service would fail due to an unusual volume of data traffic, leading to the suspension of their activity.

Israel’s Hi-Tech Saw 1,210 Exits Totaling at $111.3 Billion in Past Decade

Israeli tech ended 2019 with a record high of $8.3b in capital funding. The number of transactions in 2019, 522 funding deals, remained at the same level as 2018.

Israel Sees Sharp Decline in Hi-Tech Exports in 2019

Hi-tech accounts for approximately 37% of all industrial exports in Israel and contributes immensely to Israel’s annual growth.

Shin Bet Seeks Geeks With Skill in Solving Conundrums

On the website where the challenge is found, the prospective applicant finds an invitation to solve an intricate, mysterious puzzle.

Israeli Couple May Divorce Over Children’s Vaccinations

The wife, equipped with medical articles she had picked up on Google, vehemently refused to vaccinate.

Israeli Hackathon to Attack Gaza Terror Kites, Balloons

"It is inconceivable that 150 people will sit for a full day to think about solutions and not come up with an idea that will help stop the burning of our fields."

Five Israeli Autotech Companies to Watch

Whenever a new high tech sector emerges, you can bet an array of Israeli companies will be among the first in the field.

Israeli Startups Post Record Fifth Year of Growth

Israeli VC funds invested $814 million in 2017, the highest sum since 2013, and an increase of 25 percent from $651 million in 2016.

Israel Innovation Authority: Israeli Economy Losing Momentum with Slow Hi-Tech Hiring

'If we do not act to leapfrog [non-hi-tech] industries forward – the gap between the hi-tech industry and traditional economy will only increase.'

Report: Tel Aviv Becoming R&D Mecca for Corporate Giants

Visa, Barclays, Amazon, Renault and Bosch have joined more than 70 international R&D centers in Tel Aviv, a city where one out of every 10 jobs is in the high-tech sector.

Rivlin Underscores ‘Deep Connections’ at Meeting With Georgian PM

"The challenges we face are quite similar and we need to learn from your experience," said Georgia's Prime Minister.

Watch: Netanyahu in Budapest, First State Visit by Israeli PM Since 1989

The prime minister's visit to Hungary is focused on promoting cooperation between the governments and the private sector, underlining high-tech, autonomous vehicles and new technologies.

Expert: 67% Drop in 2016 Israeli Exits, But the Future Looks Promising

'On its face it appears that it has been a drought year in terms of exists and that we've hit a crisis of sorts, but the truth is not nearly so dramatic.'

Microsoft Buys 5th Israeli Company of the Year

Microsoft really does love Israel. The computer giant is about to buy Israeli cyber security company Secure Islands for $100-150 million, Globes reported Thursday. The purchase...

SanDisk to Open R & D Center in Israeli Arab City

The flash-storage company's Israeli division will hire dozens of workers, most of them Arabs.

SanDisk Hiring 90 New Employees n Israel

Any SanDisk employee who can successfully headhunt and bring another worker to the company will receive a bonus of nearly $2,000 (20,000 shekels), the...

Microsoft Pays $39 Million for ‘FieldOne’ Headed by Satmar Hassid

Shlomo Boim, who founded Field One, also developed a filter for Hareidi Internet users.

Apple Hiring Hundreds of More Workers in Israel

Apple is expanding its Israeli operations at its headquarters in Herzliya and is hiring hundreds of more employees for its development center. Apple CEO Tim...

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