Business

Microsoft planning 2.5% cut in workforce in latest round of tech company layoffs - report

The layoffs will impact thousands of roles, including sales and consulting, as well as jobs at the Xbox gaming division, the Business Insider report said.

Microsoft Israel.
Illustration of Anthropic on June 18, 2026.

Anthropic’s Fable 5 to come back online after two-week ban by US government - report

Chen and Avichai Menachem

The Asian restaurant group that is expanding when everyone else is closing

Shlomi Nechaisi, owner of the Amy Group

Amy Group acquires Planet Rishon Lezon for NIS 300 million


Former Austrian chancellor Kurz's Dream hits $3b. valuation in AI funding round

Dream raised $260 million in a new funding round, bringing its valuation to $3 billion and total capital raised to $412 million as governments race to control their own AI systems.

Dream co-founders Shalev Hulio and Sebastian Kurz

Why do businesspeople buy sports teams?

From sophisticated tax benefits, through a shortcut to regulators, to critical real estate engines – the hidden premiums of the football and basketball world.

Kenneth Walker from the Seattle Seahawks

SailPoint acquires Israeli startup Entro for approximately $200 million

The Tel Aviv–based company, a leader in non-human identity (NHI) security, will assist the American giant in sealing security breaches in the era of autonomous agents.

Itzik Alvas, co-founder and CEO, and Adam Shriki, Co-founder and Chief Technology Officer, Entro Security

GMT is acquired by Western Union for NIS 200 million

The Ramat Hachayal–based fintech company, which employs approximately 100 workers, is being acquired by Western Union in a transaction valued at approximately NIS 200 million.

Eran Sarouk, CEO of GMT

Israeli supermarket chain made NIS 99m. from Gaza sales in one quarter

The list of companies that sell goods to the Gaza Strip is not publicly available but any approved business in the Gaza Strip that meets the criteria of COGAT is allowed to buy from Israeli suppliers

A branch of the Victory Supermarket chain

El Al signs codeshare deal with Latvian flag carrier airBaltic, expanding northern European network

El Al has signed a new codeshare agreement with airBaltic, expanding access to European destinations via Riga starting July 1.

El Al and Latvian airline airBaltic launch a codeshare agreement, June 15, 2026.

Seph Fontane Pennock: The serial entrepreneur who turned patient frustration into regenerated

"There's a regulatory vacuum in regenerative medicine, and patients are the ones paying the price."

Tiv Taam establishes a robotic fulfillment system for its online operations

The food group is establishing an advanced robot system using AutoStore technology at its logistics center in Rishon Lezion, which is expected to triple the order pace.

Tiv Taam is establishing an advanced robot system using AutoStore technology at its logistics center in Rishon Lezion

AI push stalls inside Israeli government despite national tech strength, report finds

Israel has the tools to lead in AI, but weak planning, budget gaps, and fragmented data systems are slowing adoption across the public sector.

 An illustrative image of artificial intelligence.

Best 15 press release distribution services 2026 (Pros, Cons, Pricing)

Best 15 press release distribution services in 2026 ranked by use case. RedPress, PR Newswire, Business Wire, EIN Presswire pricing, pros, cons compared.

Choosing the right press release service depends on your goals, budget, and audience.