Company
War profits: El Al doubles profit and Bezeq jumps 38%
Despite war and a weak dollar, El Al doubled profit to $132m with a $1.4b order backlog. Bezeq profit jumped 38% and will distribute NIS 515m.
Why most go-to-market strategies fail before launch
How AI SEO companies are changing local business visibility
A turnover of NIS 7 billion has entered Strauss into the list of centralized companies
Fashion chains Onot and Jump file urgent application for stay of proceedings
The companies request to operate the 33 remaining stores for 60 days in order to urgently locate a buyer and save the jobs of about 100 employees.
Lockheed Martin to buy Ultra Maritime for $3.45 billion
The $3.45 billion deal will fold Ultra Maritime into Lockheed’s rotary and mission systems business, strengthening its naval defense portfolio.
Shekel squeeze: How offshore talent is keeping Israel's startup nation scaling upwards - interview
While reducing costs is one reason to hire offshore employees, ONE Offshore explained that most companies outsource to expand their teams.
Wet wipes company sold for NIS 178 million
Dynamic recently entered insolvency proceedings, but this morning the court approved its sale to the Ronen Elad Holdings Group for NIS 178 million.
Australian unicorn Airwallex plans expansion of Israel operations following $11 billion valuation
“Here in Israel, we remain committed to scaling our operations and increasing our investment in the Tel Aviv center," said Or Liban, head of the company’s Tel Aviv center.
Microsoft planning 2.5% cut in workforce in latest round of tech company layoffs - report
The layoffs will impact thousands of roles, including sales and consulting, as well as jobs at the Xbox gaming division, the Business Insider report said.
Kramer opens the summer
Shlomo Kramer, CEO and founder of Cato Networks, celebrated the company's growth, which reached a valuation of $4.8 billion, at an elaborately produced summer party at Hangar 11.
Record of leading Israeli companies in LGBT equality
Alongside pride and institutionalized chapters, the data on the ground is concerning: 35% fear harm to promotion, and a quarter of employers refuse to employ transgender people.
Publicis Israel enters the AI arena with a Ddata, media, and creative system
During a client event, Publicis Israel unveiled Brain, a future working system integrating data, AI, media and creative to turn insights into action.
Israel electric corporation chairman supports competition, electricity prices among lowest globally
Doron Arbely: Opposes tax hikes, calls for lower VAT and more business certainty.
