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ISRAEL AT WAR - DAY 204
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Tech
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Startups • Innovation • Business
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US chip giant Nvidia snaps up Israeli AI workload management startup
By
Sharon Wrobel
Run:ai is estimated to be Nvidia’s biggest acquisition in Israel since it bought Mellanox Technologies Ltd. in 2020 for $6.9 billion
Tshuva’s Delek unit inks deal for Eni’s UK oil and gas fields in North Sea
By
Sharon Wrobel
Ithaca Energy says the combination deal worth about $938 million will turn the oil and gas exploration company into one of the North Sea’s largest producers
Google fires more workers for ‘disruptive’ protests over contract with Israel
By
Agencies
and
ToI Staff
Group that organized last week’s action against ‘Project Nimbus’ says over 50 workers axed in total; tech giant says they ‘physically disrupted’ other employees
Google fires 28 employees who staged anti-Israel protests at company offices
By
ToI Staff
Promoted Content
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Tel Aviv flight cancellations, ‘astronomical’ air fares play havoc with Passover travel
By
Sharon Wrobel
Major foreign carriers cancel routes to Tel Aviv amid Iran tensions, forcing some 50,000 Israelis to nix their travel plans during Passover or pay unjustifiably high prices
Analysis
Sharon Wrobel
Israel’s credit downgrade amid risk of regional escalation is a call to take action
Ratings agency S&P Global over the weekend joined Moody’s Investors Service in cutting Israel’s sovereign credit rating by one notch, as regional tensions with Iran heated up and the war with the Hamas terror group is expected to last longer than previously estimated. The action in itself to lower Israel’s fairly high credit score to A+ from AA- as risks...
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S&P cuts Israel’s long-term credit ratings, citing ‘military escalation risks’
By
Reuters
'We've been closed for attacks before, but never like this'
Israel’s canceled ski season reveals how war is wreaking economic hardship in the north
By
Uriel Heilman
The only place in Israel to get regular snow, Mount Hermon had 400,000 visitors in winter 2022-23; under threat of Hezbollah rocket fire this year it saw the number plunge to zero
Analysis
Turks believe Hamas fights a defensive war against Israel
To punish Israel for Gaza war, Turkey’s citizens will gladly suffer the economic cost
By
Bartu Eken
Political pressure forced Turkey’s hardline leader Erdogan to reluctantly halt the export of 54 products to the Jewish state – but much of the public still thinks that’s not enough
Mobileye founder gives sneak peek into human-like AI robot doing household chores
By
Sharon Wrobel
An early prototype of Mobileye founder Amnon Shashua’s human-like robot that walks around without a neck and a head, taking verbal commands to do your household chores, was given a first show after two years in the making. The video features a robot powered by artificial intelligence capabilities that interacts by responding to...
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Bucking boycotts, Israel Bonds sells record $3b since start of Hamas war
By
Sharon Wrobel
Cyber unicorn Armis buys Israeli startup Silk Security for $150 million
By
Sharon Wrobel
Armis will integrate Silk’s technology to create a comprehensive AI-driven platform for monitoring and managing cyberthreats and security vulnerabilities
As anxiety surges during war, Israeli GenAI platform can ease psychiatrists’ workload
By
Renee Ghert-Zand
A new cutting-edge platform, developed at Sheba Hospital in the wake of October 7, substantially streamlines intake of patients for mental healthcare
Inflation edges higher as housing costs and travel prices rise
By
Sharon Wrobel
Consumer prices rose by an annual 2.7% in March, from 2.5% in February, reducing the odds that the central bank will lower already high borrowing costs for consumers in May
UK budget carrier EasyJet extends suspension of flights to Israel until late October
By
Agencies
and
ToI Staff
Airline says that due to ‘evolving situation’ it is canceling service for entire summer after earlier this week halting operations only through next week
Israel reopens airspace as airlines cancel flights in wake of Iran attack
By
Reuters
and
ToI Staff
Boom market
Jordanians try to sell downed Iranian rockets on the internet
By
Gianluca Pacchiani
‘Used Iranian ballistic missile in good condition’: Online ads in the kingdom — some of them satirical — offer ballistic missiles, or pieces of them, for sale
Analysis
Talek HARRIS
,
Robbie COREY-BOULET
and
Callum PATON
‘Bad for business’: Between Israel and Iran, Gulf states scramble to avert wider war
DUBAI, United Arab Emirates (AFP) -- Gulf states are grappling with the widening Middle East conflict as hostilities between Iran and Israel threaten their security and ambitious plans to reshape their economies. Leaders of the resource-rich Gulf monarchies engaged in a rapid round of diplomacy after the weekend's Iranian drone and missile strikes on Israel...
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Tel Aviv shares suffer moderate decline after Iran’s unprecedented attack on Israel
By
Sharon Wrobel
Major share indices drop less than 1% while defense shares gain; investors will be closely watching the potential threat of a wider regional conflict
Funding the war with Hamas doubles Israel’s borrowing in 2023
By
Reuters
and
ToI Staff
Israel borrowed NIS 160 billion in 2023, half of it after the start of the Hamas war in October, amid rising military and civilian spending; public debt jumps to NIS 1.13 trillion
Cyberattacks by Iran, Hezbollah have tripled during the war, says Israel cyber czar
By
Sharon Wrobel
Cyber defense chief Gaby Portnoy warned on Tuesday that the intensity of cyberattacks against Israel has tripled since the outbreak of the Hamas war on October 7, as Iran and its proxies, including Hezbollah, are increasingly joining hacking efforts. “When Sinwar surprised Israel on Oct. 7, they succeeded in undermining the physical...
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Analysis
Sharon Wrobel
Turkey’s ban on exports to Israel deals fresh blow to war-battered building industry
Turkey’s ban on some exports to Israel is poised to hit Israel's construction industry hard at a time when the sector has already been badly damaged by the war with the Hamas terror group. The imposed trade restrictions, mostly affecting goods upon which Israeli builders are dependent, will force importers to seek alternative suppliers from...
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Opening trade war, Turkey imposes restrictions on Israel until Gaza ceasefire
By
Agencies
and
ToI Staff
Ireland’s sovereign investment fund to divest from six Israeli firms
By
Reuters
and
ToI Staff
Apartment sales increased 19% in February despite ongoing Gaza war, new figures show
By
Sharon Wrobel
Housing market records 7,511 sales in month, led by new homes sold by contractors on the free market offering special deals, Finance Ministry report shows
All
(12,242)
Israeli startups
(2,470)
cybersecurity
(603)
business in Israel
(495)
medical technology
(372)
April 24, 2024, 8:06 pm
US chip giant Nvidia snaps up Israeli AI workload management startup
Run:ai is estimated to be Nvidia’s biggest acquisition in Israel since it bought Mellanox Technologies Ltd. in 2020 for $6.9 billion
By
Sharon Wrobel
April 24, 2024, 4:18 pm
Tshuva’s Delek unit inks deal for Eni’s UK oil and gas fields in North Sea
Ithaca Energy says the combination deal worth about $938 million will turn the oil and gas exploration company into one of the North Sea’s largest producers
By
Sharon Wrobel
April 22, 2024, 4:12 pm
Tel Aviv flight cancellations, ‘astronomical’ air fares play havoc with Passover travel
Major foreign carriers cancel routes to Tel Aviv amid Iran tensions, forcing some 50,000 Israelis to nix their travel plans during Passover or pay unjustifiably high prices
By
Sharon Wrobel
April 21, 2024, 8:49 pm
Israel’s credit downgrade amid risk of regional escalation is a call to take action
S&P cut Israel’s credit score warning about further downgrades in light of higher defense spending and a ballooning deficit; higher taxes are inevitable, says expert
By
Sharon Wrobel
April 18, 2024, 7:38 pm
Mobileye founder gives sneak peek into human-like AI robot doing household chores
Israeli startup Mentee Robotics debuts prototype of general-purpose robot that can move everywhere, clean dishes, do the laundry, work in warehouses… and learns on the fly
By
Sharon Wrobel
April 17, 2024, 8:19 pm
Cyber unicorn Armis buys Israeli startup Silk Security for $150 million
Armis will integrate Silk’s technology to create a comprehensive AI-driven platform for monitoring and managing cyberthreats and security vulnerabilities
By
Sharon Wrobel
April 17, 2024, 6:40 pm
Bucking boycotts, Israel Bonds sells record $3b since start of Hamas war
US states and local governments continue to buy more, leading to sales of $1.3 billion despite growing anti-Israel protests amid the fighting
By
Sharon Wrobel
April 15, 2024, 10:06 pm
Inflation edges higher as housing costs and travel prices rise
Consumer prices rose by an annual 2.7% in March, from 2.5% in February, reducing the odds that the central bank will lower already high borrowing costs for consumers in May
By
Sharon Wrobel
April 15, 2024, 7:15 pm
Funding the war with Hamas doubles Israel’s borrowing in 2023
Israel borrowed NIS 160 billion in 2023, half of it after the start of the Hamas war in October, amid rising military and civilian spending; public debt jumps to NIS 1.13 trillion
By
Reuters
and
ToI Staff
April 14, 2024, 9:56 pm
Israel reopens airspace as airlines cancel flights in wake of Iran attack
Israel Airports Authority says most flights of foreign carriers have been delayed, while flights by flag carrier El Al were able to take off to destinations in Europe
By
Reuters
and
ToI Staff
April 14, 2024, 4:36 pm
Tel Aviv shares suffer moderate decline after Iran’s unprecedented attack on Israel
Major share indices drop less than 1% while defense shares gain; investors will be closely watching the potential threat of a wider regional conflict
By
Sharon Wrobel
April 11, 2024, 7:57 pm
Apartment sales increased 19% in February despite ongoing Gaza war, new figures show
Housing market records 7,511 sales in month, led by new homes sold by contractors on the free market offering special deals, Finance Ministry report shows
By
Sharon Wrobel
April 11, 2024, 4:25 pm
Turkey’s ban on exports to Israel deals fresh blow to war-battered building industry
As fears mount that other countries could follow Ankara’s lead, Israeli experts urge greater investment in local manufacturing to reduce dependence on imports
By
Sharon Wrobel
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April 10, 2024, 3:03 pm
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April 15 Online: OurCrowd hosts artificial intelligence giants and companies using AI that’s changing business worldwide
By
Jeremy Ruden
April 9, 2024, 5:43 pm
Cyberattacks by Iran, Hezbollah have tripled during the war, says Israel cyber czar
Iranian-linked hacker group conducts cyberattacks against Israel from the offices of a disguised IT company in the heart of Tehran, Cyber Directorate chief reveals
By
Sharon Wrobel
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