Alphabet Acquires Israeli Company Waze for $32B

PwC reports a surge in M&A and IPO activity within Israel's tech sector, with Alphabet's $32B acquisition of Waze being the most notable deal.

PwC reported on Monday an increase in mergers, acquisitions, and IPOs of Israeli technology companies. This trend was led by American company Alphabet, Google's parent company, which acquired Israeli cybersecurity firm Waze for $32 billion.

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2026-02-02T22:25:35+00:00

Slow Food Price Decline in Israel

Despite the shekel's appreciation and slowing inflation, food prices in Israel are falling slowly due to market structure and long-term contracts, creating a feeling of high cost for households.

Economy Health Country

2026-01-30T07:22:40+00:00

Apple Acquires Israeli AI Voice Startup QAI

Apple has announced the acquisition of QAI, an Israeli startup specializing in artificial intelligence voice technology. This acquisition confirms Apple's strategic interest in developing voice assistants and related technologies. QAI is known for its innovative solutions in speech recognition and synthesis.

Economy Country

2026-01-27T22:39:10+00:00

Israel Signs Agreement for Aerial Munitions

Israel's Ministry of Defense signed a multi-year deal with Elbit Systems for $183 million worth of aerial munitions.

Politics Economy Country

2026-01-10T10:15:52+00:00

Netanyahu Wants to Wean Off US Military Aid

Israeli Prime Minister Benjamin Netanyahu stated that his country can wean itself off US military aid within ten years, thanks to its developed economy and exceptional defense capabilities.

Politics Economy Country

2026-01-06T10:14:52+00:00

Israel reports outbreak of highly pathogenic H5N1 bird flu

A highly pathogenic H5N1 strain of avian influenza has been detected in northern Israel. Remaining birds have been culled as a precaution. This case raises concerns amid global poultry sector challenges.

Health Economy Country