Meta layoffs have global effect, including in Israel

Meta layoffs have global effect, including in Israel. Mark Zuckerberg announced on Wednesday that the company will cut 11,000 jobs, and Meta Israel will also be affected. Read more

Nanotech startup Gauzy targeting $600 million Nasdaq IPO. The Israeli company, which develops smart glass technologies, plans to raise $150 million by going public in the first quarter of 2023. Read more

Namogoo lays off 15% of workforce. The Israeli startup, which raised $15 million six months ago to take its total funding to $81 million, is parting ways with 25 employees. Read more

Index Ventures stepping up investments in Israel. The European venture capital firm, which has appointed a Partner based in Tel Aviv for the first time, has invested in the likes of Wiz, Fireblocks, and Gong in the past. Read more

Infront Sports & Media AG acquires Israeli sportstech startup Pico · Get Personal. Pico has developed a data-driven fan marketing platform helping major league teams, Esports, brands, and organizations turn digital engagement into zero-party data. Read more

Israeli proptech innovation stands tall during Israel Day in New York. The America-Israel Friendship League and Israeli Mapped in NY held an event dedicated to proptech at the New York Stock Exchange as part of Israel Day. Read more

"The crisis will cause investors to be more careful." Dr. Orna Berry, a leader in the high-tech and science industries, was speaking as part of the Hi-Tech Effect series. Read more

"Employees have become mercenaries rather than devoted teammates." Noam Bardin, former CEO of Waze and VP at Google, spoke about the characteristics of Israeli high-tech and detailed the reasons for the crisis in the field. Read more

Unit 9900 Commander: "The Fortnite players of today are the soldiers of the future.” “We want to receive information simply, using tools similar to Waze, Google Maps and 'Fortnite,” Brigadier General Erez Askal said at the Ramon GeoInt360 conference, “It's not just a strategy and a vision, we're already halfway there." Read more

“We are building Satellite as a Service, a system that will give additional users access to space.” Avi Berger, head of the Defense Ministry's Etgar Directorate, was speaking at the Ramon GeoInt360 conference in Tel Aviv. Read more

Intel Ignite announces seventh cohort in Tel Aviv. The cohort includes 10 startups from more than 200 applicants in a variety of tech industries. Read more

CTalk | What happened to Profuse Technology since winning FoodTech 2021? Last year’s FoodTech 2021 competition winner Dr. Tamar Eigler-Hirsh, Co-Founder and CTO at ProFuse Technology, joins CTech to share updates on the company. Watch full video

“People know we cannot keep on killing animals just for food. We have to find solutions.” Dana Yarden, Co-Founder and Chief Business Officer at BioBetter?, spoke to CTech after winning FoodTech 2022. Watch full video