Israel business
Israel job vacancies hit highest rate since December of 2022, CBS says
The total number of job vacancies in Israel rose to 152,134 in December, compared with 150,953 in November
Nvidia in advanced talks to acquire Israeli AI startup AI21 Labs for up to $3 billion
Wine Talk: From winemakers to farmers
Israeli AI startup Anchor Browser raises $6M in seed round
Regulator tells Horesh-Harel not to help choose ICC-CAL CEO
Union Investments and Harel are due to buy the ICC-CAL stake at a company valuation of NIS 3.75-4 billion, depending on the credit card company's performance
HP Israel to lay off up to 90 employees as part of global cost-cutting plan
The reorganization plan at HP was first presented in November 2022, at the height of the crisis in the global tech industry due to rising interest rates.
Bank of Israel chief warns of deep war impact even as economy shows resilience
The governor of the Bank of Israel talks about how even the optimistic scenario of the end of the war does not guarantee a soft landing.
Amid war and investor pullback, US fund manager Ezra Gardner keeps faith in Israeli tech
Ezra Gardner, who co-founded the most active foreign VC fund in Israel, warns that overseas investors are shunning the country, but still says he’s “never been more optimistic” about it.
Shekel surges as Trump announces Israel-Gaza ceasefire
The shekel-US dollar exchange rate was set at NIS 3.2420/$ and the shekel-euro rate set at NIS 3.7635/€.
JVP raises $290M from TPG to propel insurtech unicorn Earnix’s AI revolution
Deal delivered an 8.7x return to early investors
Two private power providers sign major supply deals
Hundreds of thousands of Israeli households receive electricity at a discount from private suppliers
Thoma Bravo in talks to buy Israeli cybersecurity firm Armis at $5b. valuation
Insight Partners is in talks to sell Israeli cybersecurity firm Armis to Thoma Bravo for $5B, possibly ahead of an IPO. Insight Partners could gain up to $3B.
Tel Aviv business put under closure order after employing two illegal residents
Officers found two illegal residents, both in their 30s, staying and working at the bar-restaurant on Allenby Street in Tel Aviv without legal permits.
Israel's economy must function amid Iran attacks, chairman of umbrella business org says
“The Israeli economy has been operating for nearly two years in a state of war and has gained significant experience in handling emergency situations."
