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ISRAEL AT WAR - DAY 370

Intel

The Jerusalem compound of computer chip manufacturer Intel, May 18, 2016. (Yonatan Sindel/Flash90)
August 14, 2024, 2:20 pm
Israeli fired from Intel sues company in New York over supervisor’s antisemitism
Plaintiff requests permission to sue anonymously as he accuses his former boss of celebrating antisemitism, Hamas, terrorism on social media
By Jonathan Stempel
A bird's eye view of MATAM, Haifa's premier technology park where Amazon, Google, Yahoo, Intel, Microsoft and other tech giants have locations. (CC BY 3.0)
July 29, 2024, 10:27 pm
Israel plans to enact global minimum tax of 15% on multinational corporates
Israel will be joining 140 countries in collecting a minimum tax from global tech giants such as Intel, Google, and Microsoft, which have been benefiting from reduced rates
By Sharon Wrobel
Intel's manufacturing plant in Kiryat Gat in southern Israel. (Courtesy)
June 11, 2024, 12:42 pm
Intel suspends planned $15 billion expansion of southern Israel chip plant
Chip giant makes no link between war in Gaza and decision to freeze extra investment in factory being built in Kiryat Gat, says it remains ‘fully committed’ to the region
By AFP
Intel Corp.'s R&D center in Haifa. (Courtesy)
August 16, 2023, 1:57 pm
Intel backs out of $5.4 billion deal to buy Israeli firm Tower Semiconductor
Chip giant to pay $353 million to terminate acquisition after reportedly failing to receive okay from Chinese regulators as demanded by contract
By ToI Staff and Sharon Wrobel
Archaeologists excavate the oldest gate discovered in Israel at Tel Erani near Kiryat Gat in 2023. (Yoli Schwartz/IAA)
August 15, 2023, 10:04 am
Discovery of Israel’s oldest gate resets clock on local urbanization by centuries
Alongside 5,500-year-old entrance to fortified city at Tel Erani, near Kiryat Gat, archaeologists find evidence of social stratified city-dwelling in Israel
By Melanie Lidman
An Intel building in Jerusalem, May 18, 2016. (Yonatan Sindel/Flash90)
December 16, 2022, 6:26 pm
Intel Israel lays off dozens; thousands to reportedly be offered retirement packages
Company says global headquarters ordered reduction of expenses by billions of dollars over next three years, forcing firings in Israel and elsewhere
By ToI Staff
Mobileye celebrates its IPO by ringing the opening bell at the Nasdaq MarketSite, on October 26, 2022. (Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
October 26, 2022, 9:04 pm
Mobileye gets warm Wall Street welcome, raising $861m in long-awaited IPO
Shares for Intel’s Jerusalem autonomous driving subsidiary jump over 30%, at valuation of more than $20 billion
By Ricky Ben-David
A self-driving vehicle from Mobileye’s autonomous fleet sits outside Mobileye’s autonomous vehicle workshop in Israel. (Mobileye, an Intel Company)
October 2, 2022, 11:56 am
Israeli self-driving tech firm Mobileye, purchased by Intel in 2017, files for IPO
A $30 billion valuation would make the filing one of the biggest to take place in the US this year
By ToI Staff
The Intel Ignite team in Tel Aviv. (Omer Hacohen)
April 27, 2022, 8:01 pm
Intel kicks off 6th cohort for Ignite startup program in Tel Aviv
Total of 48 Israeli early-stage startups have so far taken part in growth accelerator since 2019 launch in Israel
By Ricky Ben-David
An autonomous taxi powered by Mobileye's driving tech with Moovit's ride-hailing app in Tel Aviv-Jaffa, September 2021. (Mobileye/Intel)
April 13, 2022, 7:16 pm
Mobileye gives sneak peek into ‘robotaxi’ ride ahead of Israel, Germany launch
Jerusalem-based Intel subsidiary marks ‘major milestone’ as it looks to debut ride-hailing services; Israel Innovation Authority earmarks $6m for autonomous transportation pilot
By Ricky Ben-David
In this Oct. 3, 2018, file photo the Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square. (AP/Richard Drew)
March 31, 2022, 5:12 pm
Intel to buy Israeli computing tech startup Granulate for reported $650m
US chip giant says purchase will help cloud and data center customers maximize performance, reduce costs; deal is Intel’s 7th acquisition of an Israeli company since 2016
By Ricky Ben-David
An autonomous taxi powered by Mobileye driving tech with Moovit's ride-hailing app on the streets of Tel Aviv-Jaffa, September 2021. (Mobileye/Intel)
March 9, 2022, 12:27 pm
New legislation paves path for trial of driverless autonomous taxis in Israel
Move will allow Mobileye to advance plans for self-driving shared transportation in Tel Aviv this year
By Ricky Ben-David
A self-driving vehicle from Mobileye’s autonomous fleet sits outside Mobileye’s autonomous vehicle workshop in Israel. (Mobileye, an Intel Company)
March 8, 2022, 1:15 pm
Intel’s Mobileye files for proposed Wall Street IPO at estimated $50b valuation
Jerusalem-headquartered autonomous driving subsidiary to go public later this year
By Ricky Ben-David
Benteler EV Systems, Beep Inc. and Mobileye, on February 14, 2022, announced a strategic collaboration to develop and deploy automotive-grade, fully electric and autonomous movers across public and private communities in North America. (Benteler)
February 17, 2022, 7:44 pm
Mobileye, mobility partners to launch autonomous shuttles in US by 2024
Intel’s Jerusalem-based subsidiary teams up with German electric vehicle maker and US transportation software developer to roll out project
By Ricky Ben-David
An Intel building in Jerusalem, May 18, 2016. (Yonatan Sindel/Flash90)
February 15, 2022, 11:49 am
Intel to acquire Israeli firm Tower Semiconductor for $5.4 billion
Migdal Ha’emek-based company, founded in 1993, is leading maker of chips and semiconductors; purchase will be Intel’s sixth acquisition of an Israeli company in recent years
By Ricky Ben-David
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