Jewish Business News

1 month ago | jewishbusinessnews.com | Alan Gallindoss

Google’s parent company, Alphabet, has reentered negotiations and is reportedly in advanced discussions to acquire Israeli cybersecurity startup and a unicorn Wiz for $30 billion, according to The Wall Street Journal. The report, published yesterday, indicates that the deal is close to completion, barring any last-minute obstacles. If finalized, this acquisition would mark one of the largest cybersecurity deals in history, strengthening Alphabet’s position in cloud security.

1 month ago | jewishbusinessnews.com | Alan Gallindoss

Israel remains a major player in the global arms trade, ranking among the world’s largest arms importers and exporters, according to a report by the Stockholm International Peace Research Institute (SIPRI). The latest data, covering 2020-2024, places Israel as the 15th-largest arms importer, dropping one position from its 2015-2019 ranking. Israel accounts for 1.9% of total global arms imports, with the United States as its primary supplier, providing 66% of its military imports.

1 month ago | jewishbusinessnews.com | Alan Gallindoss

A recent poll conducted by the Israel Democracy Institute (IDI) revealed bad news for Benjamin Netanyahu. It also determined that nearly 50% of Israelis believe it is unlikely that U.S. President Donald Trump would distance himself from Israel, even if its policies conflict with U.S. interests. In contrast, close to 40% think there is a fairly high or high chance that Trump could shift his stance under such circumstances.

1 month ago | jewishbusinessnews.com | Alan Gallindoss

The ongoing controversy in Israel over the Benjamin Netanyahu government’s efforts at judicial reform and its assertion that the attorney general’s office has exerted too much power over the years came to a head recently as Israel’s Justice Minister Yair Levin announced plans to fire the nation’s current attorney general Gali Baharav Miara, claiming that she overstepped her authority on numerous occasions and accusing her of obstructing the government’s agenda..

1 month ago | jewishbusinessnews.com | Alan Gallindoss

The downtrend in venture capital (VC) fundraising for Israel Startup Nation continues, reaching its lowest point in a decade, with just $1.15 billion raised across 21 funds in 2024. According to the latest IVC – GNY – KPMG Investors Report, the Israeli tech ecosystem is experiencing a significant slowdown in capital flow, affecting startups and investment activity.