Cato Networks surpasses $200 million in ARR, doubling revenue in under two years

Cato Networks surpasses $200 million in ARR, doubling revenue in under two years. Earlier this year it was reported that the Israeli cybersecurity firm, which was valued at more than $3 billion in a private funding round last year, had hired underwriters for an initial public offering in New York.

Man vs. Machine: The world's first attempt to regulate AI is underway. Everything you need to know about the EU's new and ambitious AI Act to regulate artificial intelligence, which will come into effect this week.

Israel to collect a minimum tax rate of 15% from multinational companies. The Ministry of Finance announced that Israel would join the OECD's taxation plan on multinational companies with the policy expected to enter into force in 2026. Amid concerns that raising taxes may reduce Israel's attractiveness for companies, the ministry says that they can still receive special grants.

BIRD Foundation approves $6.55 million for six new projects. The projects relate to innovations in Environment, Electro-optics, Healthcare IT, and Quantum Computing.

Opinion | Beyond cybersecurity: Securing Israel's future as the Startup Nation. "By embracing diversity in our innovation economy, we can secure our position as a global leader in technology and entrepreneurship for generations to come," writes 8200 Alumni Association CEO Chen Shmilo.