Business
Assaf Rappaport and Wiz founders near deal for McDonald's Israel franchise
From a tech empire and media holdings straight to Israel's most successful fast-food chain: Cyber company Wiz's founders, led by Assaf Rappaport, are in advanced stages to acquire the franchise.
Investing in Israel's immigrants: New VC firm offers olim up to $500k. in funding for startups
Israel-US commercial relations strengthen after 80 organizations sign MoU to improve bilateral ties
Passengers of Egyptian aircraft that landed in Israel before October 7 were businessmen - report
Israeli AI English-learning startup Loora raises $22m. in Series B
The company, founded by former Sayeret Matkal soldiers Roy Mor and Yonti Levin, says it has more than 15 million users worldwide and has more than doubled revenue over the past year.
Not ending at NIS 18m.: Additional fine for Central Bottling Company
The Competition Authority has published for public comment an additional notice of intent to charge the Central Bottling Company over intervention in retail soft drink prices.
AI didn't kill SaaS margins, flawed pricing and revenue management did- opinion
SaaS margins aren’t collapsing because of AI, they are crumbling under years of broken pricing and revenue infrastructure
No. 7: Assaf Rappaport: The man behind Wiz, the Israeli company that revolutionized cloud security
From that napkin-signed seed round to a $32b. exit six years later, Rappaport’s arc marks a point of strength for Israel’s tech sector.
No. 18: Sergey Brin: Visionary, philanthropist, and pivotal digital-era architect
From fleeing Soviet antisemitism to shaping Google and the AI revolution, Sergey Brin built a fortune while driving some of the world’s most transformative technological advances.
No. 20: Alex Karp and Josh Kushner: From AI battlefields to billion-dollar deals
They both fight in a field most people don’t have access to: inside directors’ boards, where getting the facts straight can mean the difference between an investment and a boycott.
Yossi Sagol enters nuclear energy: Invests in ARCVIA
The company develops small modular nuclear power plants (SMRs) in the US. The investment comes amid a surge in demand for continuous electricity for data centers.
Wonder Woman in business too: Gal Gadot's exit
The Goodles mac-and-cheese brand, founded by the Israeli actress and her husband, was sold to global pasta giant Barilla.
PayPal layoffs hit Israel as payment giant restructures global operations
The cut will hit the Tel Aviv development center, which develops artificial intelligence systems to analyze transactions in real time, detect fraud, and prevent money laundering.
Israel Aerospace Industries' first cargo-converted Airbus aircraft completes first flight
A converted aircraft costs tens of millions of dollars, compared with more than $250 million for a new cargo aircraft of the same model directly from the production line.
