IT

The Israeli transport solutions company has given no details of the size of the offering, but last time it raised money was at a company valuation of $3.5 billion.

The company has developed underground scanning systems for construction and infrastructure companies, based on technology developed by officers from IDF intelligence units.

Estimates are that the US investment bank has increased the investment in the enterprise browser security company by $30-40 million.

Official figures indicating experienced workers being squeezed out may not be capturing the complicated dynamic on the ground.

The rise in the number of jobseekers in the technology sector is largest among experienced, mid-level workers in what were once secure roles.

The stay of proceedings is until the end of August. The company owes NIS 1.7 billion, mainly arising from investors' loans.

Amid Intel's financial woes, part of the $25 billion expansion in Israel has been halted while the other part, although completed, is not operational.

Industry experts believe that the Mevo Carmel Science and Industry Park near Yokne'am is the favorite to persuade Nvidia to build its 180,000 square meter campus there.

Apple will integrate TrueMeeting's technology into its Vision Pro smart glasses, which were launched last year.

Sources tell "Globes" that many dozens of employees have been summoned to hearings in a wave of layoffs that will see the production plant in Kiryat Gat hit hard.

Nvidia is fast on the way to overtaking Intel as Israel's biggest private tech employer but as a manufacturer Intel could still remain much more valuable to Israel's economy.

The project to upgrade the semiconductor lab is worth hundreds of millions of dollars.

The company has published an RFI for land for a massive new campus in the north. The deal will be one of the largest ever in Israel by a foreign technology company.

Qedma's solution addresses the greatest problem in quantum computing: its high error rate.

Former head of Israel's Military Intelligence Maj. Gen. Tamir Hayman is promoting the plan together with members of the US House of Representatives and Congress.

The report by Bloomberg boosted Verint stock by 15% in late trading. The call center software company's share price has fallen 67% from its 2022 peak.

The Israeli company is developing AI-based personalized medicines in collaboration with Oracle.

The Israeli cybersecurity company has seen its valuation jump from $3 billion in less than two years.

The New Zealand cloud-based accounting software company says that buying Melio's pay platform will help it expand in the US market.

Meta also reportedly failed to recruit Sutzkever himself directly into its ranks but is poaching SSI cofounder and CEO Daniel Gross, "The Information" reports.

Arieli Group, owned by Eric Bentov and Evan Renov, is offering to inject $18 million into Spacecom’s coffers in exchange for 82% of the company’s shares.

Wix will pay $80 million and milestone payments for a company, which only has six employees and has not raised any money.

It is not yet known, according to what the building's residents and tenants have been told, whether the building will need to be demolished.

The full stack observability provider has developed a smart platform to identify and analyze software and computer system issues.

Intel VP manufacturing Naga Chandrasekaran said the company will cut 15%-20% of its production workforce worldwide, starting July, "Oregon Live" reports.

The Israeli freelancer platform is moving out of central Tel Aviv to offices in Glilot.

The Mellanox founder told the board that the company could succeed independently but he is satisfied with the merger, which has created a $3 trillion company.

Benny Landa's nano-graphic digital printing company is laying off over 20% of its workforce after a fall in sales.

The Israeli cybersecurity company has doubled its valuation since its most recent financing round in November 2024.

With AI taking over starters' functions, companies are requiring at least three years experience.