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24/7
Headlines
22:41
Deel fires back with lawsuit as Rippling espionage case heats up
13:44
Intel’s AI reset highlights hard lessons from Israeli acquisitions
11:26
Intel employees left in the dark amid talk of radical transformation
08:23
Inside the Intel reckoning: layoffs, leadership, and the long road back to relevance
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Intel cancels Intel Capital spinoff as Lip-Bu Tan shifts to financial discipline
2
Adam Neumann’s Flow raises over $100M at $2.5B valuation
3
Intel’s AI reset highlights hard lessons from Israeli acquisitions
4
Inside the Intel reckoning: layoffs, leadership, and the long road back to relevance
5
Intel employees left in the dark amid talk of radical transformation
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Sophie Shulman
20 stories about Sophie Shulman
Bank Leumi CEO: "After the war, more than ever before, high-tech will be the engine of Israel's reconstruction"
04.03.24
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Sophie Shulman
Hanan Friedman said at Calcalist and Bank Leumi's Mind the Tech conference that "Israeli high-tech will become even more creative and more groundbreaking, as a result of the events we experienced. The source of Israeli innovation, which gave rise to the Startup Nation, generates from the Israeli security forces."
Yaron Galai stepping down as Outbrain CEO after 17 years amid disappointing financial results
29.02.24
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Sophie Shulman
The co-founder will continue as Chairman of the Board and advisor to the company, with David Kostman, who joined as co-CEO in 2017, to assume the role of sole CEO
Lemonade's stock crashes on 2024 forecast despite topping estimates
28.02.24
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Sophie Shulman
The insurtech company's stock plummeted by 25% at the opening of trading on Wall Street following its forecast of doubling marketing expenses and a deceleration in revenue growth
Hamilton Lane co-CEO: "Now is the best time to invest in Israel"
28.02.24
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Sophie Shulman
"The only real essential market for venture capital, apart from the USA, is in Israel, and those who do not invest in it should be ashamed," added Juan Delgado-Moreira, co-CEO of the alternative investment management giant
Tech, war and motherhood: Meet Israel’s new generation of women venture capitalists
27.02.24
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Sophie Shulman
Female partners like Renana Ashkenazi, Nofar Amikam, and Sapir Harosh are leading a paradigm shift in Israel's VC sector, defying norms and driving innovation even amidst wartime challenges, symbolizing the growing presence of women in Israel's male-dominated venture capital scene
"Until there is unity and equality here, Israel has no chance"
22.02.24
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Sophie Shulman
At night, serial entrepreneur Michal Tsur doesn’t sleep, worrying about her son fighting in the army. During the day, she is busy with her third startup, Remepy, and dreaming of a new country - the same country for which she took to the streets as one of the leaders of last year’s protest against the judicial reform
Palo Alto Networks loses over $30 billion in market cap, sends shockwaves throughout cyber market
21.02.24
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Sophie Shulman
The cybersecurity giant’s biggest one-day share drop came after the company said that softer client spending and steep promotions forced it to cut its annual billings forecast and that it plans to offer up to six months of free services to customers who are switching to its one-stop-shop platform
Teva CEO: "The company played not to lose, now we’ll play to win"
21.02.24
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Sophie Shulman
Richard Francis' decision to focus on innovative drugs has boosted the stock by 40% since he took office. However, the high debt is still burdensome and the realization of the potential depends on the success of developments that are still in the laboratory
“Israeli tech will export the innovations created as a result of the war and that will be a game-changer”
21.02.24
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Sophie Shulman
“The current situation in Israel is the best in the 12 years I have been working here,” added Justin Borus, Founder and Chief Investment Officer of Ibex Investors, which announced a new $106 million fund to invest in Israeli startups
Palo Alto Networks shares plunge following reduced 2024 forecast
21.02.24
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Sophie Shulman
The cyber powerhouse forecast third-quarter billings between $2.30 billion and $2.35 billion, compared with analysts' average estimate of $2.62 billion. Revenue for the quarter that ended on January 31 grew about 19% to $1.98 billion, compared with estimates of $1.97 billion
Wix registers first full year net profit, forecasts acceleration in “profitable growth in 2024”
21.02.24
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Sophie Shulman
The software company ended 2023 with revenues of $1.56 billion, a 13% growth compared to 2022. GAAP net income amounted to $33.1 million
Mor Assia and Shelly Hod Moyal raise $70 million for second iAngels fund
19.02.24
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Sophie Shulman
The fund will invest in early-stage startups, with investments ranging between $2-4 million for Seed rounds
JFrog hits $5 billion market cap for the first time since 2021 on back of promising 2024 outlook
15.02.24
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Sophie Shulman
The software company registered revenues of $350 million in 2023, growing at a rate of 28%. It is forecasting a 22% growth rate this year
Tower shutting down one Israeli chip factory, pegs hopes on Indian market
15.02.24
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Sophie Shulman
CEO Russell Ellwanger said all of the employees from Fab 1 in Migdal Ha’Emek will receive offers to either work in Fab 2 or one of the factories abroad. "There's no point in keeping a factory alive if it's operating at a loss," said Ellwanger. "I've never been more bullish on Tower's future"
Naftali Bennett and Michal Tsur unite at Remepy: Former PM joins Board for hybrid drug endeavor
14.02.24
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Sophie Shulman
This is the third high-tech board Bennett has joined since he left politics, previously joining AI cyber company Lasoo and quantum computing startup Quantum Source. Tsur and Bennett founded Cyota in 1999 together with Ben Enosh and Lior Golan and sold it to RSA Security in 2005 for $145 million
Australian investment giant Macquarie acquires $32 million-worth of BioCatch shares
12.02.24
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Sophie Shulman
The Israeli unicorn completed its third secondary deal in less than a year, with Sapphire Ventures and Permira Growth Opportunities purchasing $70 million and $40 million in shares, respectively, last year
Monday.com eyeing acquisitions, 600 new employees, despite underwhelming 2024 outlook
12.02.24
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Sophie Shulman
The enterprise software company beat forecasts for 2023 with $729.7 million in revenue and 41% growth, but its outlook for 2024 disappointed investors
CyberArk reaches record $10 billion market cap on back of identity security boom
08.02.24
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Sophie Shulman
The veteran cybersecurity company predicts that in 2024 it will come close to the $1 billion revenue threshold, reflecting an annual growth rate of 22%-24%, similar to its growth in 2023
Big shoes to fill: Check Point's Gil Shwed will cast giant shadow over successor
08.02.24
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Sophie Shulman
The retirement of the founder of the cyber giant from the position of CEO after 31 years poses a significant challenge to his successor. On the one hand, the company is at its peak from a business standpoint. However, it needs a vision to move to another level and Shwed, who will be appointed as Executive Chairman, is not going anywhere
What if Shwed had managed Check Point more like Zuk's Palo Alto Networks?
07.02.24
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Sophie Shulman
“If there is something that the investors are signaling to Shwed and whoever will replace him in the position, it is that in the long term they still prefer phenomenal growth and bold moves, provided they succeed, of course, over conservatism that sanctifies profitability”
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