Tech layoffs: “We are in the midst of a wave, and the end is nowhere in sight”

Under pressure from investors, Israeli companies are preparing for a very long winter: "We must prepare for three years without investments in high-tech" | Continue reading


@calcalistech.com | 2 years ago

Fundbox 42% layoff: We grew our team too fast, and we need to course correct

The Israeli-founded company is laying off 150 of its 360 employees, half in Israel and half in the U.S. “We grew our team too fast, and we need to course correct,” said CEO Prashant Fuloria | Continue reading


@calcalistech.com | 2 years ago

Cyber unicorn Snyk to sack 198 employees, 14% of workforce

The Israeli-founded company raised $530 million at an $8.5 billion valuation last year | Continue reading


@calcalistech.com | 2 years ago

Intel DEG: “Everyone is motivated to return Intel to what it used to be”

Shlomit Weiss was recently appointed as senior vice president and co-general manager of Intel’s Design Engineering Group. This comes at a time when the company is at one of its lowest points, registering its first quarterly loss in 30 years. However, Weiss, the most senior Israel … | Continue reading


@calcalistech.com | 2 years ago

What recession? Israeli startups raise over $700M in 48 hours – Ctech

Mega-rounds by DriveNets, Guesty, HiBob, and Pliops brought in a massive $682 million | Continue reading


@calcalistech.com | 2 years ago

IronSource to Merge with Unity Software

Both companies have seen their share price plummet this year and have decided to join forces, "Calcalist" has learned. ironSource went public a year ago through a SPAC merger at a valuation of $11.1 billion and is being valued at almost $5 billion in the merger | Continue reading


@calcalistech.com | 2 years ago

Google won't allow products to be used against users, says Chief Privacy Officer

“We will be looking at the way our services operate to ensure we are protecting our users maximally and we will continue engaging both with law enforcement and with policy makers to ensure that legal demands for information are not abused," Google’s Keith Enright said on Sunday d … | Continue reading


@calcalistech.com | 2 years ago

Appwrite raises $27M to support OS adoption of developers platform

Founder Eldad Fux started his development career by contributing to open-source software projects as a self-taught software developer and started Appwrite as a side project to create a single platform that helps developers focus on building their products | Continue reading


@calcalistech.com | 2 years ago

No one was immune: Israel Police Pegasus surveillance list revealed

CEOs of government ministries, journalists, tycoons, corporate executives, mayors, social activists, and even the Prime Minister’s relatives, all were police targets, having their phones hacked by NSO’s spyware, prior to any investigation even opening and without any judicial aut … | Continue reading


@calcalistech.com | 3 years ago

Israel police uses NSO’s Pegasus to spy on citizens

Mayors, leaders of political protests against former Prime Minister Benjamin Netanyahu, and former governmental employees, were among those tracked by police without a search or bugging warrant authorizing the surveillance | Continue reading


@calcalistech.com | 3 years ago

Crypto Giant Coinbase Acquiring Israel’s Unbound Security

“We've long recognized Israel as a hotbed of strong technology and cryptography talent,” Coinbase said after securing the acquisition, believed to have cost more than $150 million | Continue reading


@calcalistech.com | 3 years ago

Israel defense ministry slashes cyber export list, drops Saudi Arabia, UAE

The Ministry of Defense has reduced the number of countries approved for export of cyber tools by Israeli companies from 102 to 37 | Continue reading


@calcalistech.com | 3 years ago

Irrational NFT exuberance requires new IP law

"The booming NFT market demands the creation of a new sui generis form of intellectual property protection to prevent third parties from passing off NFTs of works that are not theirs," writes Dov Greenbaum | Continue reading


@calcalistech.com | 3 years ago

IBM bids goodbye to Watson Health, its interactive AI system

Last year, the division made less than $1 billion and was considered unprofitable. IBM’s new CEO Arvind Krishna, has decided to put the focus back on more traditional areas like enterprise computing and the cloud, and anything unrelated is in danger of shutting down | Continue reading


@calcalistech.com | 4 years ago

Israel's supply chain targeted in cyberattack

A hack into the servers of software company Amital Data led to an attack on some 40 of its clients, including some of the country’s largest in the logistics and importing sectors | Continue reading


@calcalistech.com | 4 years ago

Israel successfully launches new spy satellite

The Space Administration in the Ministry of Defense led the development and production of "Ofek 16", an electro-optical reconnaissance satellite with advanced capabilities | Continue reading


@calcalistech.com | 4 years ago

NetApp to Acquire Spot.io for $450M

The Israeli cloud services company has previously raised a total of $52 million, and employs 150 people in Tel Aviv, London, and San Francisco | Continue reading


@calcalistech.com | 4 years ago

Corona is slowing down, humanity will survive

Nobel laureate and Stanford professor Michael Levitt unexpectedly became a reassuring figure in China at the peak of the coronavirus pandemic. Now he assures Israelis: statistics show the virus is on a downturn | Continue reading


@calcalistech.com | 5 years ago

AI Won’t Replace Employees, It Will Assist Them, Says Microsoft Azure Exec

Artificial intelligence is the future of the tech ecosystem, said Ady Mor-Biran, who oversees the Middle East and Africa marketing operation for Microsoft Azure | Continue reading


@calcalistech.com | 5 years ago

Taboola and Outbrain to Merge

Taboola has agreed to pay Outbrain shareholders $250 million and will hold a 70% stake in the merged company, which will be led by Taboola founder and CEO Adam Singolda | Continue reading


@calcalistech.com | 5 years ago

Lidar Startup Oryx Vision Shuts Down

Founded in 2009, Oryx developed a light detection and ranging camera system (LiDAR) for autonomous cars | Continue reading


@calcalistech.com | 5 years ago

Salesforce Buys Clicksoftware for $1.35B

In January, Calcalist reported that Salesforce was in talks to buy the workforce management software company for around $1.5 billion | Continue reading


@calcalistech.com | 5 years ago

Tel Aviv Became a Sandbox for Non-Israeli Tech Startups Looking to Expand

One of the densest tech innovation hubs in the world, the small size of the predominantly Hebrew-speaking Israeli-market used to mean technology services came here late. 2018 signaled a wind change | Continue reading


@calcalistech.com | 6 years ago

WeWork strikes delicate religious balance with Jerusalem site

Shared real estate company WeWork launched its first Jerusalem location just two weeks ago and had already managed to dodge a bullet in the form of wide-ranging protests from the city’s large community of ultra-Orthodox Jews | Continue reading


@calcalistech.com | 6 years ago

Work Hard, Play on Your Own Time

Some Israeli startups choose to separate leisure from work, forgoing the gaming and recreation rooms associated with tech culture | Continue reading


@calcalistech.com | 6 years ago

Israel won’t settle for Airbnb’s settlement snub

Early last week, Airbnb announced the company will be removing “approximately 200 listings” in Israeli settlements from its service | Continue reading


@calcalistech.com | 6 years ago

Investing in WeWork was a bet on a notion that blood was flowing on social media

Investing in WeWork was a bet on a risky notion that blood was flowing in Facebook and Twitter feeds, in Reddit and 4Chan, writes venture capitalist Michael Eisenberg | Continue reading


@calcalistech.com | 6 years ago

Saar Wilf’s bid to rid the world of clunky online payments

Tech entrepreneur, investor, and semi-pro poker player Saar Wilf wants to overhaul the global payment system and he's banking on a digital currency called Q | Continue reading


@calcalistech.com | 6 years ago

This Startup Promises to Keep Pizza Fresh for Eight Weeks

Israel-based startup Timeless Foods makes firm disposable plastic containers for vacuum packaging of delicate foods | Continue reading


@calcalistech.com | 6 years ago

Salesforce buys marketing analytics company Datorama for over $800M

Salesforce will pay over $800 million in cash for Datorama, according to two people familiar with the matter | Continue reading


@calcalistech.com | 6 years ago

A hacker hijacked Hola’s VPN Chrome extension, targeting cryptocoin owners

The phishing version uploaded to the Chrome Web Store targeted users of popular crypto wallet service MyEtherWallet | Continue reading


@calcalistech.com | 6 years ago

Blockchain Technology Company ConsenSys to Open Tel Aviv Office

ConsenSys develops decentralized applications on open-source operating system Ethereum | Continue reading


@calcalistech.com | 6 years ago

The World According to China's No. 1 Travel Agent

No one can ignore the Chinese tourist, says Jenna Qian, CEO of destination marketing at China’s largest travel agency Ctrip | Continue reading


@calcalistech.com | 6 years ago

Surveillance company employee indicted for attempt to sell spyware code for $50m

A former employee of NSO Group is accused of stealing the code of the company’s spyware, which can be used to intercept mobile phone calls and remotely control devices | Continue reading


@calcalistech.com | 6 years ago

Apple Passes Over Intel in Search for 5G Chips for the iPhone

Apple has notified Intel it will not use a mobile modem developed by the chipmaker in its next-generation mobile device | Continue reading


@calcalistech.com | 6 years ago

Video: In Second AI-Human Showdown, IBM's Debater Outwitted

IBM's Project Debater, unveiled last month in a debate-style event in San Francisco, was developed at the company's Israeli research center | Continue reading


@calcalistech.com | 6 years ago

Kenyan Telecom Company to Replace 800 Diesel Generators with Fuel Cells

Gencell, a startup based in Israel, says it will begin installing its fuel cell systems at the base of off-grid cell towers in Kenya toward the end of this year | Continue reading


@calcalistech.com | 6 years ago

The Israeli Military Has Big Plans for Small Drones

The IDF continuously increases use of off-the-shelf machines manufactured by the likes of DJI and Israeli Aeronautics | Continue reading


@calcalistech.com | 6 years ago

Blockchain Project Focused on Autonomous Vehicles Raises $18M in Coin Offering

The DAV Foundation believes that the future of autonomous drones runs through crypto | Continue reading


@calcalistech.com | 6 years ago

Experts Warn Against Potential for Abuse in Israeli Cybersecurity Bill

Government officials have refused to be interviewed about the bill or to make public comments in its defense | Continue reading


@calcalistech.com | 6 years ago

Stereo Systems Won’t Turn into the Death Star. AI2 CEO on AI

An interview with Oren Etzioni, one of the world’s leading experts on artificial intelligence, who gives his perspective on the promise and peril of the technology | Continue reading


@calcalistech.com | 6 years ago

Intel Used a productivity app to learn about users’ needs

Listed on the App Store under “Siberia LLC” the app was created by Intel employees to help the company study user needs and behaviors | Continue reading


@calcalistech.com | 6 years ago

Israel is getting its first Apple Store

Slated to open within a year, the store will provide similar services to those offered by Apple retail locations worldwide | Continue reading


@calcalistech.com | 6 years ago

Video: Israeli Defense Contractor Reveals ‘Suicide’ Drone

In a video released by the state-owned company, the drone, designed to be carried, launched and controlled by a single combatant, is seen attacking several targets in heavy wind conditions | Continue reading


@calcalistech.com | 6 years ago

Israel prevented hundreds of attacks by monitoring social media, official says

In 2017, Yisrael Katz, then Israel's minister of intelligence affairs, confirmed Israel uses a predictive policing system that relies heavily on social media to identify and sometimes detain Palestinians thought to be potential attackers | Continue reading


@calcalistech.com | 6 years ago

Two Cybersecurity Companies with Links to Israel Placed on U.S. Blacklist

The U.S. Treasury is accusing a number of companies of aiding the Kremlin to develop advanced offensive cyber technology | Continue reading


@calcalistech.com | 6 years ago

Startup with Israeli Intelligence Bona Fides Offers Defense Against Fake News

Tel Aviv-based Cyabra uses a deep learning and big data-based algorithm to identify patterns typical of fake profiles, avatars, or bots | Continue reading


@calcalistech.com | 6 years ago

Vegan startup launches “cruelty-free” digital coin

The company describes itself as a global decentralized vegan “nation” based on blockchain technology. a national vegan flag is in the works, according to a company spokesman | Continue reading


@calcalistech.com | 6 years ago