Check Point names Nadav Zafrir next CEO
Zafrir, co-founder of tech investment firm Team8 and a former commander of the IDF 8200 signals intelligence unit, will replace Check Point co-founder Gil Shwed in the role.
CrowdStrike's woes boost SentinelOne, Palo Alto
SentinelOne's share price rose by nearly 8% on Friday, but market sources say that, if the global glitch proves to be a one-time event, it will not hurt CrowdStrike substantially.
Amdocs to lay off up to 3,000
The Israeli business systems company is preparing for another major round of layoffs in which an estimated 5%-10% of the company’s workforce will be laid off.
Jared Kushner in talks to buy Phoenix stake
Affinity Partners, led by Donald Trump's son-in-law Jared Kushner, is in talks to buy a 4.9% in Israeli insurance and finance Group the Phoenix Holdings, with an option to buy an additional 4.9%.
What will become of SolarEdge's huge new campus?
In 2021, SolarEdge signed an agreement with Azrieli Group for construction of a 43,000 square meter campus at Glilot. Now, the company is reportedly about to carry out a further round of layoffs.