Sophie Shulman / CTech
ARTICLES BY: Sophie Shulman / CTech
Will Israeli Startups Pay the Price for Tiger Global’s Losses?
CTech - Many of the investors in venture capital giant Tiger Global were surprised to learn that they received just a 0.4 percent return on...
Israel’s Monday.com Registers 75% Increase in Revenue, Shares Surge
Enterprise software company monday.com registered impressive results in the second quarter of 2022 despite the slowdown in the global economy. The Israeli company, traded on...
Pagaya Rally Shows No Signs of Slowing, Breaches $20 Billion Valuation for the First Time
CTech – “It is clear that what is happening with Pagaya shares is a market failure,” was how one senior executive described what was supposed...
Israeli Unicorn Lightricks to Lay Off 12% of Workforce
CTech – Jerusalem-based unicorn Lightricks is laying off 80 employees, 70 of them in Israel. The layoffs amount to around 12% of the company’s...
More Layoffs at Israeli Tech Firms as Japan’s SoftBank Reels
CTech — "Information Revolution — Happiness for Everyone" is still the slogan that adorns most of the official advertisements of the Japanese investment giant SoftBank....
Microsoft VP: ‘The Israeli Economy Is So Strong That It’s Worth Investing In’
CTech – “Israel earned the nickname ‘Startup Nation’ and I’m always pleased to discover what’s new in the Israeli startup scene, and how Microsoft’s cloud...
Institutional Investors Poured $1 Billion Into Israeli Tech in Two Years
CTech - Institutional investors in Israel have discovered high-tech, albeit belatedly. In the last two years, they have invested $1 billion directly in start-up companies,...
Israel’s eToro Targeting $1 Billion Funding Round After SPAC Stalls
CTech – The SPAC market is dead and Israeli company eToro is paying the price. The trading company that was bogged down by a protracted...
Yandex Wants to Move Headquarters to Israel, With Conditions
CTech – "I have made a decision to move the global Yandex headquarters to Tel Aviv and bring many hundreds of developers, engineers and technologists...
Israeli Tech Giants Turn Focus to Profitability and Streamlining in Turbulent Times
CTech - The tune in the high-tech sector has changed, and this is certainly felt in the financial reports being released by companies. "Operational Efficiency" has...
The Global Domino Effect Is Shaking Up High-Tech Complacency and Is Rapidly Approaching Israel
CTech – Bracing for impact — this is the most accurate description of what is happening these days in the Israeli high-tech industry. The crash...
Israel’s Optibus Is Bringing Public Transportation Into the 21st Century
CTech - This is not another of those stories of two guys who served in one of the IDF’s technology units and had an idea...
Even Space Isn’t the Limit for Israel’s Ramon.Space
CTech – "What’s currently happening in space is similar to what happened when Columbus discovered America. This was made possible due to the disruption in...
Innoviz Lands $4 Billion Deal With One of the World’s Largest Vehicle Manufacturers
CTech – Innoviz Technologies announced on Monday that one of the largest vehicle manufacturers in the world has selected it to become its direct LiDAR...