Technology


Science Minister Ofir Akunis Jettisons Space

It’s not every day that a politician shortens the title of his office, but that is just what Science, Technology and Space Minister Ofir Akunis did. At the request of…

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Study: Few Chareidim in High-Tech Leaving

One of the consequences of high-tech people leaving Israel is often relocation of the owners of companies to the United States – usually to Silicon Valley, where many of the companies…

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Minister: Mobileye to Be Required on All New Cars

Intel’s investment in the Mobileye road safety system is paying off already, at least in Israel. At a meeting congratulating Mobileye CEO Ziv Aviram on the buyout of the company…

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Big Stakes for Everyone in Mobileye Deal

Intel Corp.’s purchase of Israeli autonomous-vehicle-technology firm Mobileye for $15.3 billion on Monday is a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp. and…

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Snapchat Parent Rockets Higher in Wall St. Debut

The company behind Snapchat is trading sharply higher in its Wall Street debut. Early Thursday afternoon, shares of Snap Inc. were up $8.10, or 47.7 percent, to $25.10 a share.…

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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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