Technology


Israeli Tech Poised for Trump Defense Boom

U.S. President Donald Trump’s remarks about heavier defense spending has investment houses trying to figure out whether it means they should point their clients in the direction of Israeli defense…

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Chief Rabbinate Successfully Deflects Ransomware Attack

Hackers in recent days conducted a ransomware attack on the computer network of the Chief Rabbinate, freezing operations and demanding payment of a ransom to return control of the network. Members…

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Cisco to Continue Investing in Israel

Prime Minister Binyamin Netanyahu met on Wednesday morning with Cisco CEO Chuck Robbins and Cisco-Israel CEO Yisrael Oren Saguy. Robbins, who is currently visiting Israel, told Netanyahu that the company…

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Business Briefs – January 31, 2017

Apple Snaps Out of iPhone Slump, But What’s Next? SAN FRANCISCO (AP) — Apple has snapped out of the first sales slump in the iPhone’s decade-long history, but the upturn…

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Apple Tops Street 1Q Forecasts

Apple Inc. on Tuesday reported fiscal first-quarter net income of $17.89 billion. On a per-share basis, the Cupertino, California-based company said it had profit of $3.36. The results beat Wall…

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Chevy Bolt Coming to Israel

Israel is set to get its first electric car since the demise of Better Place four years ago. UMI, the importer of General Motors vehicles, will soon bring the Chevy…

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Kahlon Promises Foreign Billions for High Tech

Israel’s sluggish high-tech industry can look forward to billions of dollars of investments from foreign companies in the near future, predicted Minister of Finance Moshe Kahlon, Globes reported on Sunday.…

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Snail Mail Getts Big Boost

The notoriously slow Israeli Postal Company will soon be speeded up, at least as far as packages go, Globes reported on Thursday. A deal between the IPS and Gett (formerly…

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Microsoft, Qualcomm, Citi Join Israeli Cyber Syndicate

Team8, founded by veterans of an elite Israeli intelligence unit to solve what they consider the world’s most pressing cybersecurity problems, welcomed Citigroup and the venture arms of Microsoft and…

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Nokia Sues Apple for Infringing Technology Patents

Finland’s Nokia Corp said on Wednesday it had sued Apple Inc, accusing the iPhone maker of violating 32 technology patents. Apple sued Acacia Research Corp and Conversant Intellectual Property Management…

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Study: Age Counts in High Tech Salary Race

Seniority counts in Israel’s high tech industry. The majority of workers in the industry are between age 25 and 45, although 8 percent are older than 45 as well. The…

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