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Intel cancels Intel Capital spinoff as Lip-Bu Tan shifts to financial discipline

Adam Neumann’s Flow raises over $100M at $2.5B valuation

Intel’s AI reset highlights hard lessons from Israeli acquisitions

Inside the Intel reckoning: layoffs, leadership, and the long road back to relevance

Intel employees left in the dark amid talk of radical transformation

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Court

20 stories about Court

Startup CEO's assets frozen after allegedly forging contracts with tech giants

24.04.25|Tomer Ganon

The founder of Promai, and the mistress of the former CEO, claims he created fake partnerships with major corporations.

“I forged the contract”: Promai CEO allegedly confesses in sting to faking Boeing deal with ChatGPT

23.04.25|Tomer Ganon

New transcripts shed light on dramatic sting operation and the fabrication of fake customer contracts to woo investors.

Romance, lies, and ChatGPT: The scandal shaking Tel Aviv’s startup scene

21.04.25|Tomer Ganon

Promai sues former CEO over bogus contracts with global giants and a web of personal deceit.

משה ינאי בעלים של חברת חברת אינפינידט infinidat סטארטאפים מבטיחים

Tech tycoon Moshe Yanai disputes $36M debt, insists portfolio value exceeds $1 billion

31.03.25|Tomer Ganon

Yanai, a veteran tech entrepreneur, rejects insolvency claims, arguing that his holding company MII controls a high-value portfolio, including stakes in Infinidat, eToro, and other firms.

Rippling-Deel scandal deepens as alleged mole is named in espionage case

19.03.25|CTech

Keith O’Brien, a Rippling employee accused of leaking trade secrets to Deel, was named in court as new details emerge about the alleged corporate espionage scheme.

Intel settles case with Jewish ex-employee who alleged antisemitic retaliation

24.02.25|Reuters

The lawsuit, which drew ADL support, was dismissed with prejudice after the former executive’s firing.

OpenWeb CEO dispute ends with Shoval stepping down and accepting advisory role

18.02.25|Sophie Shulman

After a legal battle with the board and investors, Nadav Shoval agrees to step down as CEO of OpenWeb, taking on a senior advisory position instead.

בני שטיינמץ בבית משפט בז'נבה שוויץ אוגוסט 2022

Beny Steinmetz faces extradition from Greece as corruption cases pile up

30.01.25|Tomer Ganon

A Greek court reverses its 2022 decision, clearing the way for Steinmetz to be sent to Romania, where he was sentenced in absentia.

דיונס טשלר משה שליסל ו עידן יניב GuardKnox גארדנוקס

GuardKnox collapses after raising $60 million, blames war for lost funding

30.01.25|Meir Orbach

The auto-cybersecurity company files for insolvency after investors withdrew $30 million in planned funding.

OpenWeb founder’s attempt to regain CEO role fails in court

12.11.24|Sophie Shulman

The judge cites a concealed resignation letter and confirms the board acted within its rights.

Beleaguered Intel gets $1 billion boost courtesy of EU Court of Justice

24.10.24|CTech and Reuters

The ruling ended a nearly two-decade-long fight between the U.S. chipmaker and EU regulators who had said it had tried to thwart a rival.

השקת האב סקיוריטי הישראלית ב נאסד"ק במרכז התמונה עוזי מוסקוביץ' מנכ"ל החברה

Hedge fund appeals to court to declare Hub Security as insolvent

11.04.24|Almog Azar

Dominion Capital claims that Hub is not paying back a debt of over $3 million as "not only does the company lack an economic horizon, but it also lacks economic feasibility, and it is highly doubtful if it ever had any at this stage."

Court overturns Vesttoo's seizure request against founders and execs

20.02.24|Meir Orbach

District Court in Tel Aviv rules in favor of co-founders Yaniv Bertele and Alon Lifshitz, dismissing seizure bid

Former Joonko CEO Ilit Raz suing company for $300,000 in legal expenses

23.01.24|Meir Orbach

Raz, who left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct”, is alleging corporate failure to cover attorney expenses related to an investigation

Mining mogul Steinmetz detained in Cyprus on European Arrest Warrant

03.09.23|Tomer Ganon

Steinmetz, according to a statement from the spokesperson, was detained on Thursday "during his arrival at the Larnaca airport, due to an European Arrest Warrant (EAW) issued by the Romanian authorities, which has already been canceled in various European countries, among them in Greece and Italy"

אביעד שניידרמן מייסד משותף ומנכ"ל Aura Air

How did Aura Air go from $60 million valuation to bankruptcy

27.08.23|Lital Dobrovitsky

The District Court in Tel Aviv has approved the Israeli air filtration company’s request for bankruptcy due to debt of approximately $13 million

Beleaguered Vesttoo regains control of assets thanks to bankruptcy filing

16.08.23|CTech

The temporary restraining order preventing the Israeli startup from accessing its assets in the U.S. was lifted after it filed for Chapter 11 bankruptcy protection in a U.S. court a day earlier

Vesttoo seeks Chapter 11 bankruptcy protection

15.08.23|Reuters and CTech

The Israeli fintech has laid off staff, closed offices and appointed an interim chief executive following the discovery of fraudulent letters of credit used on its platform

White Rock requests Tel Aviv court to freeze all Vesttoo’s Israeli accounts

14.08.23|Tomer Ganon and Almog Azar

This comes after Vesttoo had all its assets, including bank accounts, in the U.S. frozen by a New York court last week following a request by White Rock

Vesttoo assets frozen by New York court

11.08.23|Almog Azar

The beleaguered fintech startup was handed another blow after all its assets, including bank accounts, were frozen at least until next week following a request by reinsurance broker Aon’s White Rock SAC