Business
California's proposed wealth tax makes business domicile part of the exit analysis
Proposition 40 could affect billionaires with California residency ties, prompting business owners to review company domicile, personal residency and ongoing state tax obligations.
Over 3,000 businesses attacked in French riots as insurance damages top $1 billion
Ex-unit 8200 alumni sell Elementary Data for Some $45 million
Huge exit: The Israeli company sold for $6.3b.
Metula reawakens and calls on the Israelis to return
After a difficult period, Metula is celebrating 130 years and trying to rehabilitate itself – with a renewed Rishonim Street, reopened businesses, and clear Galilean air waiting for travelers.
Meta's Zuckerberg says AI agent tech progressing slower than expected
Meta is projected to spend as much as $145 billion on AI infrastructure this year, yet the company's bets on AI agents "haven't come to fruition yet"
Tel Aviv’s Shuk Olim brings out dozens of immigrant entrepreneurs to showcase goods
“Every single booth has an oleh with a story, and they're selling their products from the small business that they opened here in Israel after their aliyah,” said Devon Conway of Nefesh B'Nefesh.
Wet wipes company sold for NIS 178 million
Dynamic recently entered insolvency proceedings, but this morning the court approved its sale to the Ronen Elad Holdings Group for NIS 178 million.
Why AI is raising the bar for business credibility, not lowering it - opinion
Technology can accelerate growth, but it cannot replace the fundamentals
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.
Anthropic’s Fable 5 to come back online after two-week ban by US government - report
A source from Anthropic told Axios that security concerns about possible jailbreaks in Anthropic’s safety mechanisms were resolved following negotiations with the US government.
The Asian restaurant group that is expanding when everyone else is closing
At the height of one of the most complex periods the restaurant world has ever known, Chen and Avichai Menachem never stop investing.
Amy Group acquires Planet Rishon Lezon for NIS 300 million
The Amy Group, owned by businessman Shlomi Nechaisi, continues to expand in the cinema sector and is acquiring the Planet complex in Rishon Lezion.
The curse of being Israel's most valuable company
Tower's share price has jumped nearly 900% in the past five years, but less than 24 hours after reaching the top, the world's chip stocks plummeted, and Tower's share price tumbled 10.79%
