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Japanese automakers reject electric, focus on engine innovations
Toyota, Mazda and Subaru announce in joint statement will develop cleaner, upgraded gasoline engines; CEOs declare transition to engines powered by synthetic fuel within 2 years| Read More ynet –...
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Sightful’s innovative Israeli AR computer to arrive in US stores soon
Instead of a screen, the Spacetop G1 uses augmented reality glasses and will cost around $1,900 when it hits U.S. stores this fall, as Sightful doesn’t aspire to become the next Apple but aims to...
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Samsung reportedly developing a new wearable called the Galaxy Ring
The new technology is expected to be launched at the upcoming Unpacked event in July, with a sleek and stylish design available in black, silver, and gold, and will include a “Lost Mode” feature in the...
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Pret A Manger cancels launch in Israel due to war
Famous UK-based coffee chain walks back its decision to work with Israeli franchisee to open branches across the country; Fox Group owner intends to fight decision| Read More ynet – Business
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Turkish trade ban creates car shortage crisis for Israeli importers
Turkish President Erdogan’s continued embargo on Israel has left car importers scrambling for solutions, with no immediate relief in sight; ongoing trade restrictions poised to significantly disrupt...
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Economic boycott of Israel already here, banker says
Amid the ongoing war and uncertainty about its end, there is a growing chorus of voices in the economy warning of a decline in foreign investments, a trend that could intensify | Read More ynet –...
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Ex-Israeli Innovation Authority chief strategist Sagi Dagan joins Varana...
With extensive experience in investment and strategy, Dagan set to enhance fund’s mission to boost Israel’s tech ecosystem in wake of October 7 attacks| Read More ynet – Business
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Post claiming H&M sells ‘Palestine’ shirt is fake news
Israeli WhatsApp groups proliferate message claiming popular clothing store was selling pro-Palestinian shirt in its Israeli branches, sparking outrage| Read More ynet – Business
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Gaza war compromises high-tech sector, raising capital plummets
Alarming data from the Israeli Innovation Authority shows investments in startups down by more than half, and continuation of the Gaza war will only make it worse| Read More ynet – Business
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Former Meta engineer sues company saying he was fired over handling of Gaza...
Ferras Hamad in wrongful termination suit claims Meta has pattern of bias against Palestinians, deletes internal employee communications on deaths of relatives in Gaza | Read More ynet – Business
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We are mere pawns in the AI juggernauts’ struggle for supremacy
With proliferation of AI chatbots washing over our automation-thirsty brains, one would be inclined to assume techno-utopian future upon us; alas, what hides underneath are empty promises and shallow...
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Israeli-American Anat Ashkenazi appointed CFO of Alphabet
Ashkenazi, who until now served in this position at the Eli Lilly pharmaceutical company, will replace Ruth Porat at Google’s parent company; she was educated in Israel and once worked at Israel’s Bank...
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Colombia urges curbs on coal sales to Israel
Colombia says move to restrict coal sales intended ‘to help end the conflict’ and should remain in place until the war ends, Bloomberg News says| Read More ynet – Business
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SAP purchases Israeli WalkMe for $1.5 billion
Cash purchase represents a 45% premium for shares of the company now valued at $880 million; Staff now to be incorporated into SAP development centers in Israel; | Read More ynet – Business
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Israeli online users face high rates of fake content exposure, study reports
Wikimedia Israel survey uncovers several troubling statistics regarding content classified as fake; teenagers extensively exposed to such content, and most who encounter it do nothing to correct it;...
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Elbit tells staff to keep away from France arms expo after company banned
Israeli defense company says won’t let personnel arrive at the event ‘like thieves in the night’ and stresses economic incentives may be behind the French ban| Read More ynet – Business
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Israeli economy braces for loss of untold sum in boycotts
Following months of mostly empty threats, companies severe ties with Israeli firms due to the war in Gaza, often because of pro-Palestinian college demonstrators exerting enormous pressure to end all...
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Number of Thai workers in Israel rises past October 7 record
Back in droves: After 10,000 workers from Thailand left Israel at the start of the war, current data shows numbers steadily increasing and crossing the 35,000 mark| Read More ynet – Business
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Nvidia’s new chip steers Musk from Tesla to pursue AI ambitions
In surprising move, chip giant’s latest effort further solidifies AI chip market dominance at pace competitors struggle to keep up with, compelling even Musk to shift focus from Tesla to ensure chip...
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Pro-Palestinian UK protesters vandalize Barclays branches over Israel links
Palestine Action protesters smash windows and spray graffiti with names of Palestinians killed in Gaza on Barclays bank branches across UK| Read More ynet – Business
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