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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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1
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
How Intel ruined an Israeli startup it bought for $2B—and lost the AI race
4
Riskified cuts staff as struggles continue
5
Techtonic to invest over $140 million to build one of Israel's largest data centers
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NICE
20 stories about NICE
Nice beats Q4 estimates but shares plunge on weak 2025 outlook
20.02.25
|
Sophie Shulman
The Israeli software firm surpassed earnings expectations with revenue of $721.6 million but issued a disappointing forecast.
How dual-listed companies boost profits without earning more
08.12.24
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Uri Tal Tenne
The creative accounting tricks Israeli firms use to inflate earnings.
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.
How Monday overtook NICE and why Teva is on course to becoming Israel's highest-valued company
24.07.24
|
Sophie Shulman
While Wall Street transitions from growth stocks to value stocks, the balance of power among Israeli giants is also shifting. This reflects the speed at which the market punishes companies and rewards those leading growth processes, returning to profitability, or correctly identifying emerging fields.
BlackRock offloaded $130 million-worth of NICE shares in first half of 2024
09.07.24
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Almog Azar
The investment giant’s stake in the Israeli software company has dropped from 5.4% at the end of 2023 to 4.3% as of the end of June. NICE has seen its shares fall by over 12% so far this year, hitting their lowest mark since 2020.
NICE CEO's $8 million exit bonus blocked by shareholders, but board overrules decision
08.07.24
|
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 Barak Eilam to step down after 10 years
16.05.24
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Sophie Shulman
Eilam will remain in his position as CEO until the end of the year and will actively participate in the search for his replacement
NICE CEO: "We won't see an economic improvement until we see a change in leadership"
05.03.24
|
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
These are Israel's five most valuable tech companies entering 2024
26.12.23
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CTech
Mobileye, Check Point, Nice, monday.com, and CyberArk head the list of the Israeli tech firms with the highest market cap after weathering a stormy 2023, reaching a total value of $83.5 billion
NICE acquiring AI-driven proactive outreach provider LiveVox for $350 million
04.10.23
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Sophie Shulman
LiveVox, which has an AI product portfolio centered on proactive customer engagement, was merged into a SPAC at a valuation of $840 million in 2021, but has since seen its share price slump
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 CEO: "Every conversation with investors starts with the madness of the Israeli government"
27.04.23
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Diana Bahur-Nir
Barak Eilam discusses the existential threat the judicial coup poses to Israeli tech and why AI could be a huge growth engine for the company
The Israeli government hereby declares war on… Israeli high-tech
21.02.23
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Barak Eilam
Barak Eilam, the CEO of NICE, calls on the government to go through some deep soul searching and quickly reverse their decisions, for the prosperity of a strong Israel
The secret behind the surprise success of Monday, Fiverr and Riskified
16.11.22
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Sophie Shulman
Israeli-founded SaaS companies published extremely positive results for the third quarter of the year, but they should not necessarily be seen as a signal for continued improvement in 2023
Nice CEO: "We have $1.5 billion and many opportunities for acquisitions"
19.08.22
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Meir Orbach
The enterprise software company said that its second quarter total revenues increased 16.1% to $530.6 million while its gross profit for Q2 was $365.7 million
ActiveFence appoints Itai Brezis as EVP of Corporate Development and Strategy
30.12.21
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James Spiro
Before joining ActiveFence, Brezis was VP of Strategy at NICE where he led the digital transformation and transition of NICE to the cloud
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
Potential NSO Deal Will See Francisco Partners Take a Big Bite Out of Verint
29.05.18
|
Sophie Shulman and Golan Hazani
Despite registering a billion dollars in annual sales in the last three years, Verint comes to the merger as the weaker side
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