In a significant legal challenge within the technology sector, Adam Neumann, the embattled former CEO of WeWork, is reportedly suing SoftBank, the Japanese conglomerate that once stood as WeWork’s most prominent investor. The dispute arising from an intricate saga of financial transactions and ambitious expansions underscores ongoing tensions between the executive and the investment giant….
In a recent strategic development that underscores the transformative shifts within the tech industry, Intel Corporation has announced a remarkable $30 million investment in Israeli university research over the next three years. This commitment, detailed in the article “Intel to invest $30 million in Israeli academic research” by Calcalistech, signifies a robust collaboration aimed at…
The Israeli defense technology sector took a significant step forward as Elbit Systems, a major defense electronics company, unveiled its latest innovation. The new product, an artificial intelligence-powered electro-optic system, is poised to revolutionize the operational capabilities of aircraft pilots during complex and low-visibility conditions. The tech innovation, named the Skylens Wearable HUD (Head-Up Display),…
In an ambitious move set to shape the future landscape of transportation, China has recently unveiled its policy to introduce over 1 million autonomous vehicles on its roads by 2030. This strategic push further consolidates China’s role as a significant player in the global tech industry while aligning with its wider aspirations for technological leadership…
As the world grapples with the dual challenges of rising energy demands and the urgent need to reduce carbon emissions, pioneering research in deep geothermal energy proposes a paradigm shift, offering a sustainable alternative poised to reshape the future of global energy. A compelling study recently published highlights transformative techniques in harnessing this potential directly…
In an innovative leap that promises to redefine the standards of solar technology, scientists have developed a new coating material that not only significantly increases solar energy absorption but also stands as a protective barrier against cosmic radiation. This breakthrough, recently covered by TechXplore in their article titled “Cosmic Veil: New Coating Shields Next Generation…
In an era where digital transformation is increasingly intertwined with sustainability goals, the global tire industry faces a pivotal challenge: evolving its products to reduce environmental impact without sacrificing performance. A recent development from Continental, a stalwart in automotive manufacturing, encapsulates this trend. As reported in “Continental is waving goodbye to oil in its tires,”…
The global cloud computing market, currently undergoing rapid expansion and transformation, witnesses another significant development as Microsoft fortifies its position with a substantial investment in its Israel-based cloud infrastructure. This move, part of a broader strategy detailed by “Calcalist Tech,” endeavors to capture the burgeoning demand in a region marked by robust tech growth and…
The potential privatization of Taboola, a prominent digital advertising firm, looms over the tech industry as the company struggles to maintain its Nasdaq listing amid plummeting share prices. This development, coupled with the outcome of a recent strategic partnership with Yahoo and the broader implications for competition and innovation in the advertising realm, beckons closer…
In a revealing development that underscores the progressive stance of Israeli lawmakers towards environmentally driven corporate behavior, Israel has moved to end the importation of non-recyclable plastics by 2030. This new legislative directive, primarily focused on plastics that cannot be economically recycled, forms a part of a broader governmental initiative to mitigate waste and foster…
