AI startup Mercor faces mass litigation following data breach - report
In early April, extortion-hacker group Lapsus$ took credit for hacking Mercor, claiming to have stolen four terabytes of data.
Business & Innovation
Omer Adam’s AI company signs billion-dollar deal with AI infrastructure giant Crusoe
Beer, snacks and smart design: An Israeli innovation targets stadium crowds
Israeli entrepreneur Itay Rubinstein seeks to reshape digital media through adtech and audio tools
Shlomo Group turns to Indian technicians in NIS 50m service-center expansion
The Israeli automotive group opened its first new service center in Holon, saying trained Indian staff will work alongside local technicians to address a sector-wide labor gap.
Against all official odds: Jerusalem business owners struggle to survive as the state dithers
Tax-paying business owners should have access to the timely financial assistance they need to keep their show on the road.
Your Investments: Avoid repeating financial blunders
My heroes are the ones who survived doing it wrong, who made mistakes but recovered from them. – Bono
Your Taxes: So you want to acquire an Israeli company?
Over the past year, Google acquired Wiz for $32b., Palo Alto Networks acquired CyberArk for around $25b, and there were many smaller deals.
Amazon-backed nuclear reactor developer X-Energy raises over $1 billion in IPO
The IPO comes as the market regains traction after a brief slowdown in March, when volatility linked to Middle East tensions and a broader technology selloff sidelined several issuers.
SpaceX warns that inquiries into sexually abusive AI imagery may hurt market access
SpaceX’s regulatory filing reveals potential market access risks due to investigations into xAI’s involvement in generating harmful imagery.
The network effect: Orly Carmon’s ORCA is rewriting power for women across borders
Influence, when shared purposefully, amplifies. “Individually, you can achieve a lot,” Carmon notes. “But together, you can go much further.”
Israeli battery-swapping IP owners demand $250 million from Chinese EV giant for patent infringemen
Charge Peak, which owns the IP of defunct Israeli company Better Place, accuses Chinese EV maker Nio of using the IP in products shipped to Europe.
VAST Data confirms $1b raise at $30b valuation
Customers include CoreWeave, Lowe's, the US Air Force and Cursor, as well as thousands of organizations who rely on the company to store, contextualize, and act on data
Polymarket forecast low chances of ceasefire being extended even after Trump's announcement
According to the platform's Iran section, there is a 20% chance that the ceasefire will be extended by April 22nd, with users not considering the current situation an official extension.
