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ISRAEL AT WAR - DAY 568

high-tech

Own employees, formerly known as OwnBackUp. (Courtesy/Buxa Photography)
September 6, 2024, 10:52 pm
Israeli startup Own purchased for $1.9 billion by Salesforce
Having started out to help clients recover data from discs and hard drives, company earned $250 million a year specializing in Cloud-based information
By ToI Staff
Muslim women working on computers (illustrative photo credit: Yossi Zamir/Flash90)
August 28, 2024, 6:02 pm
Innovation Authority invests NIS 35m to lure tech jobs to Negev and Galilee
Addressing challenges posed by the months-long war, funds are allocated to help tech firms open new branches and hire local talent in the north and south
By Sharon Wrobel
OpenAI co-founders Sam Altman (center) and Ilya Sutskever (right) on a panel at Tel Aviv University, June 5, 2023. (Chen Galili)
June 20, 2024, 5:51 pm
OpenAI co-founder creates a new AI startup with a research lab in Tel Aviv
Safe Superintelligence, co-founded by Ilya Sutskever, plans to open offices in Palo Alto and Tel Aviv to recruit top talent and hire the world’s best engineers and researchers
By Sharon Wrobel
Ron Kobi, holding cellphone, visits a balloting station in Tiberias on February 27, 2024. (Canaan Lidor/Times of Israel)
February 28, 2024, 2:59 am
In Tiberias, Haredi locals cheer for defeat of their secularist nemesis’s comeback bid
Exit polls indicate former mayor Ron Kobi lost race to candidate endorsed by influential ultra-Orthodox rabbis, in microcosm of Israel’s religious-secular divisions
By Canaan Lidor
IDF soldiers preparing to enter Gaza use high-tech wounded 'body parts' during MSR training simulations on the Gaza border, October 2023. (Courtesy of MSR)
January 3, 2024, 2:24 pm
High-tech medical simulation training arrived ‘just in time’ for IDF medics
Soldiers use computer-controlled anatomically correct mannequins to learn key lifesaving procedures for use on the battlefield
By Renee Ghert-Zand
Israeli tech CEOs and founders ring the opening bell at the New York Stock Exchange wearing 'Save our democracy' t-shirts, July 26, 2023. (i24news screenshot: used in accordance with Clause 27a of the Copyright Law)
July 27, 2023, 12:13 am
Israeli tech entrepreneurs don ‘Save our democracy’ T-shirts at NYSE opening bell
CEOs and founders of tech firms protest overhaul at stock exchange, concerned legislation will spark flight of capital from Israel
By Michael Horovitz
Tech workers march in Tel Aviv to protest against the government's planned overhaul of the judicial system, January 31, 2023. (Tomer Neuberg/Flash90)
July 24, 2023, 4:57 pm
Almost 70% of Israeli startups act to shift funds, relocate due to judicial shakeup
Steps by startup heads and investors to withdraw cash reserves and move operations outside Israel have accelerated in past 3 months, according to a poll by Start-Up Nation Central
By Sharon Wrobel
Illustrative: Eastech tech campus workspace in East Jerusalem. (Courtesy)
July 18, 2023, 8:29 pm
High-tech complex opens in East Jerusalem to help create jobs for local programmers
The Eastech campus, supported by an investment of NIS 10 million, is part of of the city’s Silicon Wadi tech hub project
By Sharon Wrobel
An illustrative image showing an electric car charging while in motion using wireless charging infrastructure tech by Electreon. (Electreon)
May 26, 2023, 6:40 am
1,200 miles: Israeli startup Electreon sets record for longest drive by electric car
Vehicle travels for over 100 hours nonstop using wireless charging technology, company says
By ToI Staff
Israeli tech company employees stage a one-hour protest in Tel Aviv against judicial overhaul, January 24, 2023 (Courtesy)
January 24, 2023, 2:01 pm
Hundreds of tech workers strike, block Tel Aviv road to protest judicial overhaul
Demonstrators against controversial plan warn of threat to foreign investments, impact on economy; NY-based investor in local startups says it supports action
By Sharon Wrobel
Illustrative: Traders work on the floor at the New York Stock Exchange in New York City, August 10, 2022. (AP/Seth Wenig)
January 10, 2023, 6:07 am
Investment in Israeli tech startups plunged by almost half in 2022, data shows
Cybersecurity firms suffered a 60% decline in funding, while seed investments grew by 22% in 2022, according to report by Start-Up Nation Central
By Sharon Wrobel
Illustrative. High-tech office buildings in Herzliya Pituach, in central Israel, December 12, 2015. (Nati Shohat/ Flash 90/ File)
January 3, 2023, 8:14 pm
Year of the reset: As era of cheap money ends, how will Israeli tech fare in 2023?
Israeli tech firms brace for more cost savings, downsizing to get through global slowdown as the strong get stronger and the weak get weaker
By Sharon Wrobel
Tel Aviv's financial business district skyline, June 2022. (Elijah Lovkoff via iStock by Getty Images)
December 28, 2022, 6:21 pm
Israeli tech exits plunge 80% to $16.9 billion in 2022, battered by market reality
Number of Israeli tech M&As and IPOs plummets 58% as interest rate and valuation environment push entrepreneurs and investors into a wait-and-see mode
By Sharon Wrobel
Illustrative: An aerial view of the Tel Aviv Stock Exchange and the surrounding area, April 20, 2022. (Matanya Tausig/Flash90)
December 26, 2022, 1:59 pm
Israel ranked 4th-best-performing economy among OECD countries in 2022
The Economist says country did well despite political upheaval; exports to grow to record high of over $160b this year, with services, including tech, outpacing goods for 2nd year
By Sharon Wrobel
View of the Tel Aviv Stock Exchange on November 29, 2020. (Miriam Alster/ Flash90/ File)
December 21, 2022, 7:52 pm
Another 110 business execs join appeal warning Netanyahu about harm to democracy
Elah Alkalay, chairperson of IBI Mutual Funds, says business sector worried about politicization of Israel’s judiciary system
By Sharon Wrobel
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