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Shekels credit: Shutterstock Vladerina32 Shekel weakens sharply after Nasdaq declines

Over the last week the shekel has depreciated by 0.6% against the US dollar, but in the last month it has actually strengthened by 1.5%.

Port TLV Residence credit: View Point Tel Aviv Port penthouse sold for NIS 36m

A 243 square meter penthouse has been sold in the Hagag Group’s (TASE: HGG) Port TLV Residence project for NIS 36 million.

Check Point offices credit: Shutterstock Check Point becomes Israel’s most valuable company

Wall Street investors have responded positively to the appointment of Nadav Zafrir as the new CEO of the veteran Israeli cybersecurity company.

Elbit tanks in Philippines credit: Facebook page Philippine army test fires Elbit tanks

A Philippine army armored corps battalion has completed its first test-fire training using the Sabrah light tank, with 105 millimeter main cannon.

Wiz cofounder snd CEO Assaf Rappaport composition Tali Bogdanovsky Regulatory risk thought factor in Wiz deal cancellation

Acquisition deals by technology giants like Google can come under close reglatory scrutiny, sometimes delaying them by years.

SPAC Credit: Shutterstock Disinformation detection co Cyabra agrees Nasdaq SPAC merger

Elon Musk commissioned Cyabra to analyze the level of bot activity on Twitter prior to his acquisition of the social media platform.

Nadav Zafrir  credit: Shlomi Yosef Check Point names Nadav Zafrir next CEO

Zafrir, co-founder of tech investment firm Team8 and a former commander of the IDF 8200 signals intelligence unit, will replace Check Point co-founder Gil Shwed in the role.

El Al Boeing 777  credit: Danny Sadeh El Al to reduce ‘diamonds’ benefits for frequent flyers

‘Diamonds’ allow frequent flyers to upgrade their status from basic, through silver, gold, and platinum to top platinum.

Planck founders credit: PR Applied Systems buys Israeli AI insurtech co Planck

Planck’s team will set up an Israel development center for Applied Systems to further develop AI products for cloud-based insurance software.

Wiz and Google  credit: Tali Bogdanovsky Wiz: The blow to the workers, the founders' dominance

The decision by Wiz's four Israeli founders to go for a future IPO rather than accept Google's $23 billion bid keeps both employees and investors waiting.

Lisya Bahar-Manoah credit: Biana Caro Discount Investment sells control of Elron Ventures

Family office Arieli El is buying the 59% stake in Discount Investment’s technology arm for $53.2 million.

Camtek CEO Rafi Amit and Nova CEO Gabi Weisman credit: Raanan Tal, Nova collage Tali Bogdanovsky Chip equipment cos Nova, Camtek slip from peak

Geopolitical tensions between the US and China are affecting the two Israeli companies.

Selina founders Rafael Museri and Daniel Rudasevski credit: Inbal Marmari Hospitality co Selina files insolvency request

The Israeli company is also likely to have its shares delisted from Nasdaq after its financial difficulties mount.

New York Stock Exchange  credit: Shutterstock How will markets respond to Biden's withdrawal?

The only precedent is Lyndon Johnson dropping out of the presidential race in 1968, but the two events are very different in themselves and in their contexts.

German railway station credit: Deutsche Bahn Bladeranger drones clean German station roofs

The Israeli company’s solar panels cleaning solution has been successfully adapted to cleaning the glass roofs of German railway stations.

CrowdStrike's woes boost SentinelOne, Palo Alto

SentinelOne's share price rose by nearly 8% on Friday, but market sources say that, if the global glitch proves to be a one-time event, it will not hurt CrowdStrike substantially.

Amdocs to lay off up to 3,000

The Israeli business systems company is preparing for another major round of layoffs in which an estimated 5%-10% of the company’s workforce will be laid off.

Wiz founders credit: Avishag Shaar Yishuv The big Wiz winners, and the taxes they'll pay

Why it's worthwhile for the company's founders to hold less than 10%, and other questions.

Donald Trump assassination attempt credit: Reuters Brendan McDermid Cellebrite enables FBI to access data from Trump shooter's phone

The FBI used the Israeli company's digital investigation solution to retrieve data from Thomas Matthew Crook's mobile phone.

Pof. Ehud Raanani   credit: Sheba Medical Center The heart surgeon with a $300m exit: We had glitches

The sale to Edwards Lifesciences vindicates Innovalve's solution for the most common, and most challenging, heart valve disorder, and also Sheba Hospital's innovation model.

The Phoenix Holdings CEO Eyal Ben Simon  credit: PR Inbal Marmary Centerbridge and Gallatin sell control of Phoenix

Among the buyers of stakes in Phoenix are Jared Kushnir's Affinity Partners and Yitzhak Tshuva.

Jared Kushner Photo: Reuters Jared Kushner in talks to buy Phoenix stake

Affinity Partners, led by Donald Trump's son-in-law Jared Kushner, is in talks to buy a 4.9% in Israeli insurance and finance Group the Phoenix Holdings, with an option to buy an additional 4.9%.

Ofer Gonen credit: Eran Lavi MediWound raises $25m, acquisition still possible

Swedish company Mölnlycke Health Care, an international leader in the field of treating wounds, led the private placement.

Prof. Ehud Raanani credit: Sheba Edwards Lifesciences buys Israeli co Innovalve Bio Medical

Sources estimate that Edwards will pay more than $300 million for Innovalve's trans-catheter mitral valve replacement device.

Assaf Rappaport credit: Eyal Izhar Between Waze and Wiz Israel got lost

Reports in the international media about Google's talks to buy Wiz have airbrushed out the cybersecurity company's connection to Israel.

Impression of new SolarEdge campus at Glilot credit:  Gilad Lan What will become of SolarEdge's huge new campus?

In 2021, SolarEdge signed an agreement with Azrieli Group for construction of a 43,000 square meter campus at Glilot. Now, the company is reportedly about to carry out a further round of layoffs.

Wizz CEO Assaf Rappaport and COO Dali Rajic  credit: Ohad Kab What might have been: Three comments on Wiz

Wiz could have made the biggest IPO by an Israeli company on Nasdaq, but has apparently chosen a bird in the hand.

Israel Tax Authority  credit: Eyal Izhar Treasury can expect tax bonanza from Wiz sale

Assuming that the sale of the company to Google goes ahead at the price reported, experts put the tax payable in Israel at at least $2.5 billion.

Wiz CEO Assaf Rappaport credit: Omer Hacohen Google in advanced talks to buy Wiz for $23b - report

Google parent company Alphabet is in advanced talks to buy the Israeli cloud security company, "The Wall Street Journal" reports.

Naty Saidoff  credit: Eyal Izhar Shikun & Binui selling Nigeria operations for $100m

The Israeli infrastructure and construction company has sustained heavy losses in Nigeria due to the sharp depreciation last year of the Nigerian naira.

SolarEdge CEO Zvi Lando credit: Eyal Izhar SolarEdge seen laying off hundreds

In January this year, the solar energy technology company shed 900 employees, but another round of layoffs is apparently imminent.

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