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Omri Casspi Raised $250 Million for Third Swish Ventures Fund
The new fund of the former NBA player will invest in about 12 startups in the fields of cyber, AI, and defense. Following the raise, the assets under management of Swish grow to about $800 million.

Defense startup, named after the founder's brother who fell in Lebanon, raises $41 million
The Israeli company AITAN, named after Captain Eitan Oster who fell in Lebanon, was founded by Udi Oster and Daniel Almog, who met during their service as officers in Unit 8200 and previously worked with hostage survivor Or Levy. The company develops AI systems for unmanned vehicles, which have accumulated over half a million flight hours in the IDF, and is now expanding its operations to allied...

Trump's son also invested: Israeli XTEND reaches Wall Street at a valuation of $1.5 billion
The robotics company, which started as a gaming company and developed an operating system for drones and robotics in combat environments and dangerous missions, announced that it will begin trading on Friday on the New York Stock Exchange under the ticker XTND. The move is being carried out through a reverse merger in a stock deal at a valuation of $1.5 billion. CEO Aviv Shapira: "Becoming a...

Israel Railways threatens lawsuit against developer of free train schedule app
Israel Railways has issued a pre-lawsuit warning to the developer of the "Better Rail" app, demanding its removal from app stores over alleged "unauthorized commercial use." Developer Guy Teper denies the claims, asserting that the project is non-profit and relies on public information. He has stated that he will not comply with the demand to remove the app, which provides real-time train updates...

Back to School Special: All the new products worth knowing
The day of returning to morning sandwiches is a holiday - or a day of mourning, depending on who you ask - but both will likely be happy to discover that there are new ways to diversify the ten o'clock meal, especially in the spreads category. These are the new products that caught our eye and are perfect for September 1st.

How do you know if your honey is fake? The truth about home tests
Ahead of Rosh Hashanah, a plethora of videos are popping up promising to reveal within seconds if honey is real or fake, meaning diluted with various industrial syrups. But the truth is that no such test checks what is really important. So how can you (almost) ensure you purchased pure bee honey? Only this way.

Demand in High-Tech After Waves of Layoffs: "We Receive About 850 Resumes on an Average Week"
Alongside layoffs at giant companies and thousands of job seekers, the Israeli high-tech sector continues to recruit, but requirements have become more specific than ever. Recruitment managers explain which positions remain in high demand and how candidates can truly stand out in the AI era.

No longer just vacuums: Dreame shuts down automotive division less than a year after launch
Dreame, which unveiled a concept car promising 0-96 km/h acceleration in 0.9 seconds, is closing its automotive project. Following the withdrawal of government funding, only HR and legal staff remain to wind down operations, which previously employed 1,000 people.

We found the most expensive schnitzel in the country, served on a plastic plate
The price of a schnitzel portion at Dubi'le in Eilat is scandalous: 92 shekels for a medium serving on disposable tableware. The menu paints a bleak picture of food pricing in the resort city, where costs do not reflect the level of service.

Opening a front? First publication: The next move of the 'Ma Kashur' trio
First publication: Zion Baruch, Shalom Michaelshvili, and Asi Israelof are currently in Italy, where they will celebrate this evening ahead of the wedding of their good friend Omer Adam and his fiancée Sasha Israelovich. While they are overseas, their next business move in Israel has been revealed.

How to choose wireless gaming headphones under 500 shekels in Israel
In this budget, you can find good models, but differences in connection type, comfort, and compatibility with PC, PlayStation, Xbox, and Switch can significantly impact your choice. Here is what you need to know before buying.

OnlyFans owner received $709 million in the months before his death
Reports in the UK reveal that Leonid Radvinsky received a total of more than $2 billion from the platform, which reported revenue of $1.55 billion for the year, an increase of 10% compared to the previous year. The number of creators on the platform rose to 5 million, half of whom are active. The number of fan accounts rose to 437 million, and about 132 million of them are considered active.

The app that will save you money on a trip abroad
The qwic app by WorldCom Finance consolidates international transfers, a digital wallet, and services for foreign residents and migrant workers, alongside a solution for Israelis who want to transfer money abroad.

Apple Cuts Over 200 Jobs
The tech giant is laying off approximately 100 employees from its VR headset team, with the remainder coming from the Siri and AI divisions. Apple stated that the move is part of a reorganization focused on advancing its artificial intelligence initiatives.

The picture in high-tech is changing: software companies are laying off and hardware companies are expanding
A new survey by the Israel Innovation Authority and Tzafrir company presents a complex picture of Israeli high-tech, where the total number of employees remains stable but demand is changing. While software companies are streamlining and laying off, the hardware and deep-tech sectors continue to expand. In the background, the influence of AI is growing and is beginning to be a central...

When other companies are laying off: a 40% increase in jobs in the Defense Tech field
While the high-tech sector saw only a 6% increase in new jobs, the Defense Tech field recorded a 40% jump in the first half of 2026, alongside rising salaries ranging mostly between 35,000 and 45,000 shekels per month. Data from the SQlink group shows that demand is focused on AI, cyber, and Embedded systems, with more tech professionals now open to opportunities in the defense industries.