Cyberstarts raises $100m 2nd Israel VC fund

Cyberstarts has announced the closing of its $100 million second Israel venture capital fund for investments in cybersecurity startups. The firm was founded in 2018 by Gili Raanan. Lior Simon has now joined as a partner. Simon who has led venture capital fund Arbor Venture […]
58 mins ago

El Al CEO warns on future after worker violence

El Al Israel Airlines Ltd. (TASE: ELAL) CEO Gonen Usishkin has sent a letter to the company’s employees today in which he states, “The threshold condition for obtaining a bank loan with a state guarantee is the signing of a labor agreement. Without a loan, […]
58 mins ago

Hospitals overwhelmed as coronavirus cases explode in India

When Manit Parikh’s mother tested positive for the new coronavirus, she was rushed by ambulance to Mumbai’s private Lilavati Hospital, but officials told the family no critical-care beds were available. Five hours and dozens of phone calls later, the family found a bed for her […]
58 mins ago