Fiverr

American giant Boomi has acquired Israeli startup Elementary Data for $43 million. This marks Boomi's second Israeli acquisition this year, expanding its enterprise data monitoring capabilities.

Fiverr launched a resume-free hiring track called The Unusual Way on its new career site, allowing candidates to showcase projects and problem-solving skills instead of relying on automated keyword screening.

A century ago, Henry Ford established the five-day work week. Today, technology and AI are dismantling these structures, turning work into a 24/7 process where AI agents operate under human oversight.

Fiverr's second-quarter results met previous forecasts but fell slightly short of analyst expectations. CEO Micha Kaufman noted an acceleration in AI adoption, leading to a "noticeable slowdown in overall demand and traffic." The company is significantly lowering its annual guidance and shifting focus toward complex, high-value projects.

The cancellation of Fiverr's 4,500-square-meter lease at the Wix campus reflects the broader crisis in Israeli high-tech. Faced with revenue pressures, the AI revolution, and widespread layoffs, companies are prioritizing lean operations over office expansion.

Following advanced negotiations to lease approximately 4,500 square meters at the Wix campus in Glilot, the deal has been canceled. Fiverr, whose current lease in Tel Aviv is nearing expiration, had been seeking larger office space, but its future plans remain uncertain.