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ISRAEL NEWS
BREAKING NEWS
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04:48
Biden: Jewish leaders drove gay marriage changes (AP)
Yuval Dror
Samsung pilots chip campaign in Israel
Samsung Semiconductor, a subsidiary of the eponymous giant South Korean concern, will invest NIS 1 million in Israel jointly with its local partner Data JCE, in an advertising campaign designed to brand the company's memory chips.
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The Bottom Line / Lesson in humility
The purchase of Precise Software by Veritas for $537 million last week grabbed the title of "deal of the year in the Israeli high-tech sector" at the very last minute.
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Surfing through the loophole
"This animal isn't like any of its big sisters. This animal lives partly on land and partly underwater, sometimes breathes oxygen and sometimes breathes nitrogen." Supreme Court Justice Mishael Cheshin offered this quasi-zoological description of the Internet.
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The Bottom Line / Dos and don'ts
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.
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U.S. Benchmark VC said to raise $40M for Israeli startups
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.
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Walla! sales staff get Thai holiday perk
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."
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Intel Kiryat Gat in line for huge investment
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.
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Intel's Manitoba chip made in Petah Tikva
Just as it did with the personal computer market, so the Intel Corp. has set its sights on the cellular phone world. Last week it unveiled its Manitoba chip, with which it plans to dominate the cellphone market.
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