The AI layoff tsunami: Israeli tech races to survive, workers pay the price
Tech giants say AI has made parts of their workforce unnecessary, but the deeper story is...
Category: Business
Israeli tech leaders meet ambassadors, diplomats to strengthen global investment link
IATI’s first diplomat-investor forum brought Israeli venture capital leaders and foreign envoys...
Amdocs to lay off 3,000 employees
The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.| Read More JPost.com – Business & Innovation | The Jerusalem Post
Tech industry mutating before our eyes
High-tech 2026 looks completely different from what we knew just a few years ago. Fewer management...
Moshe Kahlon handed suspended sentence and fine
The former minister of finance agreed a plea bargain for securities offenses when he was chairman of non-bank finance company UnetCredit.| Read More Front – Globes
Gasoline prices to fall sharply Sunday night
The fall in price is due to the strengthening of the shekel and lower prices on international markets.| Read More Front – Globes
Starting at midnight: gas prices to drop sharply
Price of 95-octane gasoline drops to 7.80 shekels per liter after a stronger shekel and lower...
Apartments sold and rented
A selection of recent real estate deals in Israel including in Tel Aviv, Holon, Yehud, Ashdod, Nahariya and Beersheva.| Read More Front – Globes
High-tech brain drain grows as thousands of developers leave Israel
Innovation Authority report shows record exports, exits and fundraising, but warns that...
Dollar plunges as strong shekel squeezes exporters: what can Bank of Israel do?
Dollar has fallen 25% against the shekel in two years, hitting exporters; Bank of Israel Governor...
Foreign workers reshape Israel’s post-October 7 labor market
From supermarkets and garages to construction sites and hotels, 240,000 foreign workers are...
Elbit leases Ness Ziona building from Vitania
The 40,000 square meter building was originally planned for Benny Landa’s ill-fated printing company.| Read More Front – Globes
South Africa courts Gulf money while its Iran ties unsettle investors
Pretoria is courting Saudi, Emirati, and Qatari money to revive a stalling economy, even as its...
IBM to invest $10 billion in race to build first large-scale quantum computer
Tech giant says funding will support R&D, manufacturing, partnerships and acquisitions as US...
Report: SpaceX cuts target valuation for historic IPO to $1.8 trillion
SpaceX could raise up to $75 billion, begin marketing next week and list under SPCX, while its...
Tech industry mutating before our eyes
Companies are profitable, demand is high, but the race is on to become leaner and more agile, and the current wave of layoffs is the result.| Read More Front – Globes
Insatiable personality cult: Trump administration pushes bill bearing his face
After plans for passports bearing his portrait, Trump appointees at the Treasury Department have...
AI’s hidden bill comes due as companies question whether more tokens mean better products
As Uber and Microsoft reassess heavy AI use, rising token bills are forcing tech companies to ask...
Rafael profit rises 23% as backlog hits $24 billion and Defense Ministry debt swells
Rafael’s first-quarter reports show growth across key metrics, with net profit up 23% and orders...
Elbit’s strong results reveal a battlefield technology shift the market has yet to price in
Elbit reported $2.19 billion in revenue and 15.5% growth in the first quarter of 2026, but its...
Amdocs is preparing for a wave of layoffs, hundreds of them in Israel
The move is part of a broad reorganization the company is currently working on; According to...
Amdocs to lay off 3,000 employees
The Israeli technology company will cut 10% of its workforce worldwide including hundreds in Israel, “Globes has learned.”| Read More Front – Globes
UVeye scales automated vehicle‑inspection tech across global automotive markets
The drive-thru system that uses computer vision and deep learning to provide precise, data-driven insights about anomalies passing through its system-providing a full report in less than one minute| Read More JPost.com –...
Now is the time for a multilateral Abraham Accords framework – opinion
A multilateral approach to defense cooperation is therefore essential and should be a pivotal part of deepening the Abraham Accords. | Read More JPost.com – Business & Innovation | The Jerusalem Post
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