Category: Israeli
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Johnson & Johnson buys Israeli co V-Wave for up to $1.7b
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Healthcare giant Johnson & Johnson (NYSE: JNJ) today announced that it has entered into a definitive agreement to acquire an Israeli company V wavewhich has developed an innovative treatment for patients with heart failure. Johnson & Johnson will provide an upfront payment of $600 million, with the possibility of additional…
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Fall in exports worries Israeli manufacturers
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The Manufacturers Association of Israel expressed concern over figures released earlier this week by the Central Bureau of Statistics, which showed negative per capita growth of 0.4% in the second quarter, while GDP grew by 1.2% year-on-year. Business output fell 1.9% in the second quarter compared to the first quarter…
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Israeli strikes kill dozens in Gaza after Blinken ends visit with truce deal still elusive By Reuters
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Written by Nidal Al-Maghribi and James Mackenzie CAIRO/JERUSALEM (Reuters) – Israeli air strikes across the Gaza Strip killed at least 50 Palestinians in the past 24 hours, Palestinian health authorities said on Wednesday, as the military said its forces continued to target militants and seize weapons and ammunition. As the…
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Israeli universities retain top 100 status in Shanghai Ranking
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The Weizmann Institute of Science in Rehovot has become Israel’s highest-ranked university, overtaking the Hebrew University of Jerusalem. Despite calls to boycott Israeli universities, Israeli universities maintained their high positions in the Shanghai Ranking of the World’s Best Universities, with three universities among the top 100. The Weizmann Institute of…
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Israeli universities retain top 100 status in Shanghai Ranking
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The Weizmann Institute of Science in Rehovot has become Israel’s highest-ranked university, overtaking the Hebrew University of Jerusalem. Despite calls to boycott Israeli universities, Israeli universities maintained their high positions in the Shanghai Ranking of the World’s Best Universities, with three universities among the top 100. The Weizmann Institute of…
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Israeli startups provide IDF with tech advantage
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Over the 10 months since the war began, the IDF and the Defense Ministry have racked up a number of achievements on the battlefield, including the acquisition of advanced technologies. Since October 7, the Defense Ministry’s Research and Development Directorate has purchased a range of products from more than 100…
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Israeli intel believes Iran response will take place at later date — report
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Israeli intelligence now assesses that Hezbollah and Iran have lowered the alert level of their rocket and missile units and that a response will come at a later time, according to five Israeli officials, quoted by The New York Times. “By Friday, Israeli intelligence assessed that Hezbollah and Iran had…
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Staycations boost Israeli hotel occupancy as prices soar
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The long summer vacation is upon us, and many Israelis are choosing to spend their vacations at home rather than abroad, amid the national mood, reluctance to travel abroad due to the war, and uncertainty about air travel as many foreign airlines cancel flights. There may be no foreign tourists…
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Israeli defense firms retain high rankings in worlds top 100
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Elbit, Israel Defense Forces and Rafael once again top the Defense News 2024 rankings. Israel’s largest defense companies maintained their position in Defense News’ ranking of the top 100 global companies for 2024. The combined revenues of the world’s top 100 companies increased by 13% in 2023, after falling by…
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Costa Rica Heist: Israeli Tourists Lose $700,000 In Bold Bitcoin Robbery
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In Costa Rica, a group of visiting Israeli tourists have become the latest victims of a long string of spectacular beach robberies in the city. Eleven visiting Israeli tourists went to a social gathering I lost almost $700k worth of bitcoinThis is one of the most significant events in the…
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Costa Rica Heist: Israeli Tourists Lose $700,000 In Bold Bitcoin Robbery
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In Costa Rica, a group of visiting Israeli tourists have become the latest victims of a long string of spectacular beach robberies in the city. Eleven visiting Israeli tourists went to a social gathering I lost almost $700k worth of bitcoinThis is one of the most significant events in the…
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Israeli tourists robbed of $700k in Costa Rica Bitcoin heist
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11 Israeli tourists were robbed during a violent attack on Santa Teresa de Cubano beach in Puntarenas, Costa Rica. The robbery took place while the group was attending a social event, and they were approached by at least eight men. The attackers arrived in two expensive cars and overpowered the…
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Israeli tourists robbed of $700k in Costa Rica Bitcoin heist
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11 Israeli tourists were robbed during a violent attack on Santa Teresa de Cubano beach in Puntarenas, Costa Rica. The robbery took place while the group was attending a social event, and they were approached by at least eight men. The attackers arrived in two expensive cars and overpowered the…
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Israeli startups raised over $700m in July
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Israeli startups raised $5.2 billion in the first seven months of 2024 as the tech sector continues its upward trend and recovery in recent months. Israeli startups raised more than $700 million in July 2024, according to press releases seen by Globes. The number could be higher as some companies…
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Elbit wins $340m Israeli MoD ammunition deal
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Israeli defense technology company Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTElbit Systems announced today that it has been awarded a contract worth approximately $340 million to supply ammunition to the Israeli Ministry of Defense. The contract will be executed over a period of 10 years. Elbit Systems will establish a manufacturing…
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Israeli officials say they seek to avoid all-out war in Lebanon retaliation By Reuters
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Written by Mayan Lubell and Maya Gebeily JERUSALEM/BEIRUT (Reuters) – Israel wants to hurt Hezbollah but does not want to drag the Middle East into all-out war, two Israeli officials said on Monday, as Lebanon braced for a response after a rocket attack killed 12 children and teenagers in the…
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Israeli cybersecurity co Dazz raises $50m
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Israeli Unified Security Repair Company It passed Greylock today announced the closing of a $50 million funding round co-led by Cyberstarts, Insight Partners, and Index Ventures. This latest round brings the company’s total raised to $110 million. No valuation was disclosed, with TechCrunch reporting that the funds were raised at…
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JPMorganChase CEO Jamie Dimon meets Israeli tech leaders
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During his visit to Israel this week, Jamie Dimon, CEO of JPMorgan Chase, the largest bank in the United States, met for lunch with Israeli tech leaders. The meal was held at the home of businessman Eyal Waldman, who founded Mellanox, which was sold to Nvidia for $7 billion. The…
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Israeli heart pump co Magenta Medical raises $105m
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Israeli mini heart pump developer Magenta Medical Today announced the completion of a $105 million funding round led by Novo Holdings with new investors Viking Global Investors and RA Capital Management, and existing investors OrbiMed, New Enterprise Associates (NEA), JVC Investment Partners, and ALIVE – Israel HealthTech Fund also participating…
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Israeli AI disease models co CytoReason raises $80m
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Israeli biopharmaceutical decision-making company citorisonTechnologies, which develops AI-powered computational disease models for predictive insights, today announced the completion of an $80 million funding round from OurCrowd, Nvidia, Pfizer, and Thermo Fisher Scientific. Cytorison says it will use the new funds to expand the application of its models in additional indications,…