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Tech Israel
Daily Updates from Silicon Wadi for
Thursday, April 16, 2026
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US-based Credo Tech buys Israeli maker of silicon chips for up to $1.3 billion
By
Sharon Wrobel
Backed by serial tech entrepreneur Avigdor Willenz, DustPhotonics develops silicon photonics technology enabling data transfer at the speed of light for AI apps
Shekel breaks below 3 to the dollar in first since 1995; exporters warn of economy risk
By
Sharon Wrobel
Currency’s strength reflects optimism over an Iran deal and Lebanon truce; Bank of Israel not seen intervening in the market, hurting exports
Rescue said to also involve 'Ghost Murmur' heartbeat detection
CIA reportedly used Pegasus software for deception op during rescue of airman in Iran
By
ToI Staff
Americans used Israeli-founded NSO’s controversial spyware to send fake messages to Tehran officials, IRGC operatives, saying downed officer had already been found, UK’s Times reports
Iran war cost about NIS 35 billion in budgetary expenses, Finance Ministry says
By
Sharon Wrobel
During the 40-day campaign, Israel incurred an estimated NIS 22 billion in defense costs, according to an initial estimate
Comptroller pans government for failing to plan for air travel turbulence during war
By
Sharon Wrobel
Report finds consumers paid high ticket prices when service was disrupted by fighting, calls for conditioning aid to industry on prioritizing national interest over profits
Ben Gurion airport reopens but airfares again skyrocket as foreign carriers stay away
By
Sharon Wrobel
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