The Israel Business Conference that ended yesterday offered a representative look at the balance of power in the Israeli economy. The empty sessions on technology and life sciences made it clear as day what any industrialist has felt in the past year.
A source close to the U.S. Benchmark venture capital fund confirmed yesterday that it had raised $40 million in addition to the $220-million it has already earmarked for investment in Israel.
There is no justification at all for discrimination at the managerial pyramid of companies in the Israeli high-tech industry. The attorney general has stated that the principle of commensurate representation obliges an "active search for suitable female candidates" for director-general positions in the public sector.
Walla! is sending its 20 sales department employees on a weeklong holiday to Thailand, at the company's expense, as a reward for "meeting their targets."
Chip giant Intel's Kirya Gat plant could become one of the first in the world to manufacture using the future 0.09 micron technology. This is two generations more advanced than the three-year-old fab's present manufacturing capability.