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Sharon Wrobel

Sharon Wrobel

The Times of Israel

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Israeli-founded cyber unicorn Snyk buys local application security startup

US-based cybersecurity startup Snyk, founded by Israeli entrepreneurs, said it is buying Tel Aviv-based startup Enso Security to bolster its developer...

previous day 30

The Times of Israel

Sharon Wrobel

BlackRock snaps up provider of loans to Israeli and European startups

BlackRock, the world’s largest asset manager, on Thursday announced the acquisition of British-Israeli Kreos Capital, a provider of loans to Israeli...

previous day 20

The Times of Israel

Sharon Wrobel

Shekel returns to gains amid cautious market optimism over judicial compromise bid

The shekel appreciated against the US dollar for a second day on Wednesday amid signs that the contentious judicial overhaul would not be advanced as...

wednesday 10

The Times of Israel

Sharon Wrobel

OECD projects more moderate growth for Israel, citing judicial overhaul tension risk

Israel’s economy is set to expand at a more moderate pace this year and next year, the Organisation for Economic Cooperation and Development (OECD)...

wednesday 20

The Times of Israel

Sharon Wrobel

Intel to sell $1.5 billion of Mobileye stake via secondary share offering

Mobileye announced that its parent company US chipmaker Intel is planning to divest part of its holding in the Jerusalem-headquartered autonomous...

06.06.2023 20

The Times of Israel

Sharon Wrobel

Bank of Israel veteran selected as new banking supervisor

The Bank of Israel on Monday announced the appointment of central bank veteran Daniel Hahiashvili as its new supervisor of banks. Hahiashvili will...

06.06.2023 30

The Times of Israel

Sharon Wrobel

Drone taxis take first test spin in Israel in bid to ease traffic congestion

Israel has started test flights of autonomous aircraft that can carry passengers and heavy cargo as the country prepares its national airspace for air...

06.06.2023 50

The Times of Israel

Sharon Wrobel

OpenAI’s Sam Altman says Israel will have ‘huge role’ to play in AI revolution

OpenAI CEO Sam Altman said Monday that he is impressed with the talent pool in Israel and expressed his confidence that the local tech ecosystem will...

05.06.2023 20

The Times of Israel

Sharon Wrobel

Israel’s Stratasys gets counterbid offer from another US 3D-printing firm

Israeli 3D-printing firm Stratasys said it had received a counterbid from US rival 3D Systems after entering into a $1.8 billion merger agreement with...

04.06.2023 30

The Times of Israel

Sharon Wrobel

Accelerator Fusion secures $20m for investments into Israeli early-stage startups

Tel Aviv-based Fusion, an accelerator program that invests in early-stage Israeli startups and first-time founders announced on Thursday that it has...

01.06.2023 20

The Times of Israel

Sharon Wrobel

Israel officially recognizes Energean’s Katlan reservoir as natural gas discovery

Israel’s Energy Ministry officially classified an offshore natural gas reserve explored by British-Greek oil and gas company Energean as a...

01.06.2023 20

The Times of Israel

Sharon Wrobel

US data analytics giant sees ‘strategic opportunity’ in launch of new Israel office

US software vendor giant Databricks opened its first office in Israel to grow its business in the country and tap into local talent. The San...

31.05.2023 10

The Times of Israel

Sharon Wrobel

Startup guru Vardi warns ‘there will be no high-tech or foreign currency’

Yossi Vardi, a veteran tech entrepreneur and investor, warned Wednesday that the future of Israeli high tech is in danger and is facing a “terrible...

31.05.2023 10

The Times of Israel

Sharon Wrobel

Israel’s NewMed and partners to connect the Aphrodite gas field off Cyprus to Egypt

Partners in the Aphrodite natural gas field offshore Cyprus, which include Israel’s NewMed Energy, announced on Wednesday that they were seeking...

31.05.2023 20

The Times of Israel

Sharon Wrobel

Smotrich seeks to tax banks’ fat profits from steady interest rate hikes

Finance Minister Bezalel Smotrich on Tuesday spoke out in favor of taxing the country’s banks’ excess profits driven by the fast rise in interest...

30.05.2023 10

The Times of Israel

Sharon Wrobel

Return of judicial overhaul could hurt Israel’s credit rating, Fitch warns

Fitch Ratings warned that growing domestic social and political upheaval and renewed uncertainty around the proposed judicial overhaul could hurt...

30.05.2023 20

The Times of Israel

Sharon Wrobel

Renewed market concern over judicial overhaul weakens shekel, keeps rates high

Renewed political uncertainty around the Israeli government’s proposed judicial overhaul saw the shekel weaken the most among major currencies last...

29.05.2023 10

The Times of Israel

Sharon Wrobel

OpenAI’s Sam Altman to visit Tel Aviv next week as part of worldwide AI tour

OpenAI CEO Sam Altman is expected to arrive to Tel Aviv next week as part of a worldwide tour to meet with artificial intelligence users and...

29.05.2023 30

The Times of Israel

Sharon Wrobel

Kyiv bombarded by Russian forces for second night in a row

KYIV, Ukraine – Kyiv repelled another large volley of overnight air strikes, officials said Monday, as the Ukrainian capital was still picking up...

29.05.2023 30

The Times of Israel

Sharon Wrobel

Nvidia taps into Israeli innovation to build generative AI cloud supercomputer

US gaming and computer graphics giant Nvidia said Monday that it will build the nation’s most powerful generative AI cloud supercomputer called...

29.05.2023 50

The Times of Israel

Sharon Wrobel

Israel’s 3D printing firm XJet seeks to raise $10m from Nasdaq IPO

Israel’s XJet, which develops inkjet technology for 3D printing of small metal and ceramic parts, is seeking to raise about $10 million from an...

28.05.2023 30

The Times of Israel

Sharon Wrobel

Israeli social booking startup inks deal with Spanish hotel chain

Israeli startup Joyned, a developer of software allowing travelers to socially interact and chat with friends and family to jointly plan and make...

25.05.2023 30

The Times of Israel

Sharon Wrobel

Netanyahu’s fat man, thin man and the burden of the new state budget

As more funds are funnelled to the ultra-Orthodox community, other budgets for investment in high-tech are reduced; reforms for tackling high cost of...

24.05.2023 20

The Times of Israel

Sharon Wrobel

Jaguar Land Rover launches Israeli hub to scout for local startups, mobility tech

Luxury automaker Jaguar Land Rover announced on Tuesday that it will work with Tata Consultancy Services (TCS) to target Israeli startups and tap the...

23.05.2023 30

The Times of Israel

Sharon Wrobel

Bank Leumi earns NIS 981m in 1st quarter, down 39%, after US bank value writedown

Bank Leumi earned NIS 981 million ($271 million) in the first quarter of the year even after recording a one-time deduction of more than NIS 1 billion...

23.05.2023 30

The Times of Israel

Sharon Wrobel

As inflation persists, Bank of Israel hikes interest rates for 10th time to 4.75%

The Bank of Israel on Monday raised its benchmark interest rate for a tenth consecutive time, lifting borrowing costs by 25 basis points to 4.75% as...

22.05.2023 20

The Times of Israel

Sharon Wrobel

Bank Hapoalim posts NIS 2.01b quarterly profit fueled by 49% jump in interest income

Bank Hapoalim, one of Israel’s two largest lenders, saw its net profit jump to NIS 2.01 billion ($551 million) in the first quarter of the year as...

22.05.2023 10

The Times of Israel

Sharon Wrobel

‘Backward country’: Economists warn government over Haredi budget allocations

The allocation of billions of shekels in coalition funds that will mostly go toward increasing support for ultra-Orthodox institutions and programs is...

21.05.2023 20

The Times of Israel

Sharon Wrobel

From Fruit Roll-Ups to a fish filet, Israeli startup ready to feed its printer

From Fruit Roll-Ups and slaughter-free meats to the world’s first ready-to-cook grouper fish fillet, an Israeli foodtech startup says its technology...

18.05.2023 30

The Times of Israel

Sharon Wrobel

Israeli startup to give fans a referee’s-eye view at the EuroLeague final games

Sports fans watching the EuroLeague Final Four, Europe’s top-tier basketball competition, this weekend will be able to get as close of a view of the...

17.05.2023 40

The Times of Israel

Sharon Wrobel

Five go on trial in Germany over far-right plot to topple government

BERLIN — Five people went on trial in Germany on Wednesday accused of planning a far-right coup and plotting to kidnap the country’s health...

17.05.2023 20

The Times of Israel

Sharon Wrobel

IBM buys Israeli cyber startup to automate cloud data protection management

US tech giant IBM has acquired Israeli cyber startup Polar Security, a developer of an automated data security platform to track and protect sensitive...

17.05.2023 40

The Times of Israel

Sharon Wrobel

Finance Ministry cuts economic growth forecasts as tax revenue and investments cool

Israel’s Finance Ministry on Tuesday trimmed its economic growth forecast for this year and 2024 and lowered its projections for state revenues amid...

16.05.2023 20

The Times of Israel

Sharon Wrobel

South Korea’s booking app Yanolja to buy Israeli travel tech outfit Go Global Travel

South Korea’s online travel booking app Yanolja is buying Israeli travel tech firm Go Global Travel to expand its travel and hospitality offerings...

16.05.2023 40

The Times of Israel

Sharon Wrobel

25% of tech firms plan layoffs after demand for workers halved in 2022 — report

As the global market downturn and a slowdown in the economy disrupted Israel’s tech ecosystem, demand for workers almost halved in 2022, according...

16.05.2023 30

The Times of Israel

Sharon Wrobel

Israel consumer price index surprises with higher-than-expected April figure up 0.8%

Consumer prices in Israel in April rose at almost double the rate than was forecast, the Central Bureau of Statistics said on Monday, putting further...

15.05.2023 10

The Times of Israel

Sharon Wrobel

Australia’s Aristocrat to buy Israel’s NeoGames in deal worth $1.2 billion

Israeli-founded online gaming firm NeoGames has inked a deal to be acquired by Australia’s Aristocrat Leisure at an enterprise value of $1.2...

15.05.2023 30

The Times of Israel

Sharon Wrobel

Cabinet approves NIS 13.7b in state funds to meet Haredi coalition demands

The cabinet on Sunday approved NIS 13.7 billion ($3.7 billion) worth of coalition funds mainly allocated in support of ultra-Orthodox institutions and...

14.05.2023 20

The Times of Israel

Sharon Wrobel

Israel hi-tech and Korea industry groups sign accord on cybersecurity cooperation

The Israeli High-Tech Association this week signed an agreement with a Korean cybersecurity industry group aimed at fostering ties and encouraging...

11.05.2023 60

The Times of Israel

Sharon Wrobel

Countertop maker Caesarstone to shut Sdot Yam plant, lay off over 100 workers

Israel-based countertop manufacturer Caesarstone Ltd. will shut its flagship production site and lay off more than 100 employees as part of a...

11.05.2023 60

The Times of Israel

Sharon Wrobel

IMF says uncertainty over judicial overhaul poses ‘risks’ to Israeli economy

Prolonged uncertainty over Israel’s judicial overhaul presents a “notable downside risk” to the country’s economy, the International Monetary...

11.05.2023 80

The Times of Israel

Sharon Wrobel

Fintech Airwallex opens Israel office to expand footprint in Middle East

Australian fintech company Airwallex is opening its first office in Israel this week to expand its business activities in the Middle East. The...

10.05.2023 60

The Times of Israel

Sharon Wrobel

Israeli vehicle scanner startup raises $100 million backed by General Motors, Hanaco

Israel’s UVeye, a tech startup that develops automated inspection systems for vehicles, has raised $100 million from investors including General...

09.05.2023 70

The Times of Israel

Sharon Wrobel

French retail chain Carrefour opens 50 stores across Israel, vowing to disrupt prices

French supermarket chain Carrefour on Tuesday opened its first 50 branches across Israel at an investment of NIS 250 million ($70 million), with...

09.05.2023 70

The Times of Israel

Sharon Wrobel

German neo-Nazi jailed for plotting Atomwaffen-inspired racist terror attacks

BERLIN — A 21-year-old German man was found guilty on Monday of attempting to form a neo-Nazi terrorist group inspired by the US-based Atomwaffen...

08.05.2023 80

The Times of Israel

Sharon Wrobel

Israel’s fiscal deficit widens to 0.3% of GDP in April; tax income continues to drop

Israel’s fiscal deficit widened to 0.3 percent of the GDP, or NIS 4.9 billion ($1.35 billion), in April over the prior 12 months, as state revenue...

08.05.2023 90

The Times of Israel

Sharon Wrobel

US chip giant Qualcomm to buy Israeli road safety tech startup Autotalks

US chipmaker Qualcomm announced on Monday that it is buying Israeli startup Autotalks, a developer of smart vehicle communication systems designed to...

08.05.2023 100

The Times of Israel

Sharon Wrobel

Israel’s NewMed Energy and partners begin drilling at Aphrodite gas field off Cyprus

Partners in the Aphrodite natural gas field, which include Israel’s NewMed Energy, announced on Sunday that they have started drilling an appraisal...

07.05.2023 90

The Times of Israel

Sharon Wrobel

Leumi expects first-quarter profit to slide 50% due to drop in US bank stake value

Israel’s Bank Leumi announced on Sunday that it expects its first-quarter profit to decline by some 50 percent due to the plunge in the value of its...

07.05.2023 100

The Times of Israel

Sharon Wrobel

Microsoft partners with Start-Up Nation Central to tap Israeli agrifood tech

US tech giant Microsoft has partnered with Start-Up Nation Central to help Israeli agrifood tech startups augment their AI-powered models for...

04.05.2023 100

The Times of Israel

Sharon Wrobel

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