IT

The dual-track expansion program is accompanied by a significant rise in financial targets for 2028.

“Globes” has learned that the company is laying off 27% of employees at its Israel development center.

In Israel, one of the most prominent initiatives to examine the broader implications of the AI revolution is led by entrepreneur Daniel Schreiber, who seeks to foster a public framework for discussing AI's impact on Israeli society.

Matrix IT is paying NIS 73 million for 80% of the Tsipori-based company, which which integrates power systems and electro-mechanical components.

Scott Russell talks for the first time about the plunge in Nice’s stock, the AI revolution and the future of the Israeli software company.

MyHeritage currently has 500 employees in Israel, the US and Europe.

The new center is triple the size of the previous Nvidia offices in the city and the chip company plans hiring hundreds of new employees for the Beersheva site.

A rise in the annual salary of CEO Russell Ellwanger was approved, but not a rise in his maximum annual bonus.

The Israeli Employment Service says that since 2023, the number of job seekers with five to eight years of experience in the tech sector has risen 138% and insists AI is not to blame.

The huge all Israeli cybersecurity deal will be in cash with a small amount in Cyera shares, sources have told “Globes.”

The founders of Mize, acquired by Korea’s Yanolja for $300 million, tell “Globes” how a hotel room - like an option in the financial markets - has an expiration date, a constantly fluctuating price, and can be traded.

The Israeli company’s proxy network NetNut has allegedly been used by cybercriminals to disguise malicious traffic.

The Israeli auto-tech company’s market cap has slumped from $3.1 billion to just $6 million.

The share price of the Kfar Saba-based network and data infrastructure solutions company rose 226% in the first half of 2026.

The huge US cybersecurity company is worth almost 25% of the entire TASE but will be restricted to a ceiling weight of 5%.

The US chip giant will pay over $100 million for the cybersecurity company, which has raised $30 million to date.

The Israeli company’s platform is already used by 70,000 sellers and 1 million buyers to run deals every month.

Nova CEO Gaby Waisman discusses his customer-centric philosophy, maintaining a technological edge, and the chip industry’s transformation into a critical infrastructure.

Wix’s recent acquisition Base44, led by Maor Shlomo, has announced the launch of its own LLM.

This is the second time this month that an Israeli chip startup in serial entrepreneur Avigdor Willenz’s portfolio has raised hundreds of millions of dollars.

Wix rival Elementor is cutting its workforce by 30%.

The US neocloud giant has leased an additional 100 megawatts of data center space at three sites across Israel, bringing its total investments here to $10 billion, for 10-15 years, “Globes” has learned.

The Israeli software company’s share price now exceeds the price target of 22 of the 24 analysts covering the stock, although they remain positive on JFrog.

Earlier this week, Tower became Israel’s most valuable company, only to fall 10% the next day. “Globes” chronicles the sad fate of many of Israel’s most valuable companies over the past decade.

The veteran cybersecurity company is embarking on its fourth round of layoffs.

The data security company's share price rose 7% on a report by Bloomberg that private equity firms had expressed interest in buying the business.

After a 690% rise in Tower Semiconductor's share price within a year, the board proposes raising Russell Ellwanger's annual salary to $1.08 million, with upgrades to other elements of his compensation package.

The share price of the Israeli tech company is down 35.5% since the start of 2026 and 50% from its peak in 2023. But analysts are bullish on the stock’s future direction.

Layoffs in Israel's tech sector are gathering pace and are liable to have knock-on effects on support industries, although the general  outcome may not be entirely negative.

Founded by former NSO CEO Shalev Hulio and former Austrian Chancellor Sebastian Kurz, Dream sells systems to governments that thwart cyberattacks by state actors like Russia, Iran and China.