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24/7
Headlines
13:43
Full list of Israeli high-tech layoffs in 2025
13:38
Hydrogen startup Electriq Global collapses under nearly $30M in debt, despite raising $25M
11:26
PwC integrates altshare’s algorithm to streamline startup valuations
14:27
Nice beats Q4 estimates but shares plunge on weak 2025 outlook
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Insight Partners hit by cyber attack with possible data leaks
2
CyberArk’s surge, Wiz and Cato prepare for IPOs: Israeli cyber firms ready for the next big move
3
Cybereason CEO accuses Mnuchin, SoftBank of forcing company toward bankruptcy
4
Israel-China tech ties persist amid political tensions
5
Riskified cuts staff as struggles continue
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Barak Eilam
9 stories about Barak Eilam
NICE appoints former SAP exec Scott Russell as new CEO
15.08.24
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Sophie Shulman
NICE also reported a 14% increase in second-quarter revenues, reaching $664.4 million. The company's quarterly operating profit increased by 22% to $128.8 million, and net profit surged by 33% to $115.8 million.
NICE CEO's $8 million exit bonus blocked by shareholders, but board overrules decision
08.07.24
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Adiel Eithan Mustaki
The shareholders of the Israeli technology company did not approve the request to grant retiring CEO Barak Eilam a package of blocked shares worth over $8 million. However, the board stated that it plans to still award Eilam the bonus after making certain changes to the terms of the bonus
Why did NICE shares drop 13% after the CEO announced his retirement?
19.05.24
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Sophie Shulman
The main concern of NICE investors is that Eilam is retiring at its peak. GenAI is expected to have critical consequences specifically for the world of marketing, sales, and customer relationship management, presenting a formidable challenge for the next CEO
NICE CEO: "We won't see an economic improvement until we see a change in leadership"
05.03.24
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Omer Kabir
Barak Eilam, CEO of NICE, spoke at Calcalist and Bank Leumi’s Mind the Tech Conference in New York. "When the current generation in their 30s and 40s reach leadership positions in the government, things will change for the better"
"AI has become an overarching catalyst unlocking multiple vectors of growth," says NICE CEO after company beats forecasts
22.02.24
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Meir Orbach
In the fourth quarter, the Israeli software company recorded 10% growth in revenue to $623 million, along with a profit of $2.36 per share, above market expectations. The cloud activity generated revenues of $429 million
Nice going: Nice presents promising quarter, positive annual forecast
17.08.23
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Sophie Shulman
The Israeli software company concluded the second quarter with a 10% growth in revenues to $581.1 million, with revenues from cloud activity jumping by 23%
NICE becomes Israel’s highest valued company thanks to cloud revenue spike
08.08.21
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Hezi Sternlicht
The company reached a valuation of around $17 billion following the release of its second-quarter report which showcased a 16% rise in revenue
Companies Have to Learn to Say No to Adventures Beyond Their Scope, Says Nice CEO
31.12.19
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Orna Yefet
Barak Eilam spoke at Calcalist’s Forecasts 2020 conference held Tuesday in Tel Aviv
Shift from Security to Civilian Market behind NICE Systems’ Growth
07.11.17
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Dror Reich and Asaf Shalev
Israel-based NICE Systems used to sell surveillance software to governments. Now it provides technology for call centers