Calcalist

"Calcalist" was founded with the mission of linking Israel to the world of economics. The economy plays a vital role in our daily lives; it influences our jobs, family dynamics, our ability to age gracefully, and the well-being of our children. It even impacts our overall mood. It's important for us to stop fearing these economic realities. This vision was articulated in Calcalist's inaugural editorial, which was released on February 18, 2008. The Calcalist website is an essential component of this mission.

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AI is coming for your job—but that’s a good thing, says Fiverr CEO | CTech

4 days ago | calcalist.co.il | Maayan Manela

Micha Kaufman, CEO of Fiverr, published an optimistic post last week about the arrival of artificial intelligence—marking a notable change in tone from a previous letter to employees, in which he warned that AI was coming to take their jobs, and possibly his as well. In that earlier letter, Kaufman urged employees to "wake up" and outlined steps they must take to stay relevant in the AI age. But after a round of internal conversations, his latest post offers a more balanced perspective.
"Within 6 months, there'll be an AI agent that will remind you of birthdays and also order gifts" | CTech

4 days ago | calcalist.co.il | Omer Kabir

Ray Smith, Microsoft’s Vice President of AI Agents, how do you see the impact of DeepSeek’s R1 model on the current AI field? “I think there will be a lot of innovation, and what we’ve seen in recent years is that innovation is happening everywhere. It’s not surprising that DeepSeek and other models are delivering major breakthroughs.
"On my tombstone, it won’t say ‘generated high net returns’”: Blackstone's Jon Gray makes historic gift to Israel | CTech

4 days ago | calcalist.co.il | Sophie Shulman

Jon Gray, true to his bold instincts—if not his understated name or appearance—has built a career on audacious moves. Last week, the American financier made headlines with a staggering $125 million donation to Tel Aviv University’s Faculty of Medicine, the largest in the institution’s history and among the most significant ever in Israeli academia. Gray’s name first became widely known for another outsized bet: the $26 billion acquisition of Hilton Hotels just before the 2008 financial crisis.
"The biggest challenge for Israeli entrepreneurs is transitioning to the US market"

1 week ago | calcalist.co.il | Maayan Manela

In a candid exchange bridging two ends of the startup lifecycle, Forter founder and CEO Michael Reitblat sat down with Octi CEO Assaf Frayman as part of Calcalist and Poalim Tech’s Growth+ initiative. Their conversation—one between a seasoned enterprise veteran and a founder tackling the U.S. healthcare system—offered insights into storytelling, market fit, and the unique challenges Israeli entrepreneurs face when going global.
"This new generation of Israeli entrepreneurs is better than mine"

1 week ago | calcalist.co.il | Maayan Manela

In a candid one-on-one conversation, JFrog founder and CEO Shlomi Ben Haim sat down with Rig Security CEO Guy Kozliner as part of Calcalist and Poalim Tech’s Growth+ initiative. Their exchange—between a veteran tech leader and a young founder navigating an economic storm—offered a rare glimpse into how resilience, humility, and clear company values are forged in Israel’s evolving startup ecosystem.
Teva’s quiet layoff announcement reveals bold restructuring plan

1 week ago | calcalist.co.il | Sophie Shulman

Teva Pharmaceuticals offered a long-awaited explanation for the sharp 10% jump in its share price last week. But the gains come at a steep human cost. The Israeli drugmaker reassured investors with a revised, more optimistic profit forecast—after a previous one had triggered widespread concern and a selloff earlier this year. Yet buried deep in the investor presentation, almost as an afterthought on slide 15, Teva revealed that it plans to lay off 8% of its global workforce over the next 18 months.
Fiverr raises forecast after strong Q1, despite AI-driven customer decline

1 week ago | calcalist.co.il | Sophie Shulman

Fiverr raises forecast after strong Q1, despite AI-driven customer declineFreelance platform posts $25M profit and 15% revenue growth as new contracts boost momentum. Fiverr, a software company that connects freelancers with businesses, is starting 2025 with accelerated growth and improved net profitability. The company, traded on the Nasdaq, is currently valued at around $1 billion, with its stock rising 5% in early trading.
Teva to cut 3,000 jobs by 2027 in drive toward higher profit margins

1 week ago | calcalist.co.il | Sophie Shulman

Teva to cut 3,000 jobs by 2027 in drive toward higher profit marginsPharma giant targets 30% operating margin by laying off approximately 8% of its global workforce as it boosts forecasts on drug sales and updates its "Pivot to Growth" strategy. Teva Pharmaceutical announced it will lay off nearly 3,000 employees—approximately 8% of its global workforce—by 2027, as part of its effort to reach an operating profit margin of 30%.
Sett raises $15M Series A to help mobile games win with AI-powered storytelling

1 week ago | calcalist.co.il | Meir Orbach

Sett raises $15M Series A to help mobile games win with AI-powered storytellingThe Israeli company offers studios scalable tools for content creation and player engagement. In the wake of Apple’s crackdown on personal data tracking, mobile gaming studios are grappling with a dilemma: how to sustain user growth in a market where behavioral targeting has lost much of its edge. One Israeli startup, Sett, is betting that the answer lies not in better data—but in better content.
"We have a lot of success stories in Israel, and we need to learn how to leverage them" | CTech

1 week ago | calcalist.co.il | Maayan Manela

In a candid one-on-one conversation, Lilac Bar David, co-founder and CEO of U.S. neobank Lili, and Dan Raveh, founder of Israeli startup Efficio, opened up about the complex realities of building fintech ventures across continents—from navigating global crises to cracking American distribution channels. The discussion, part of Calcalist and Poalim Tech’s Growth+ initiative, offered a rare glimpse into the personal and strategic crossroads facing Israeli entrepreneurs scaling abroad.