All articles tagged with #israeli tech
Wiz, an Israeli cybersecurity company, has been acquired by Google for $23 billion, shifting from its initial IPO plans. While some lament the missed opportunity for a local IPO and the potential tax benefits for Israel, the acquisition underscores Wiz's success and sets a new standard for revenue multipliers in the tech sector. The deal also highlights the influence of major investors and the evolving dynamics of the tech industry.
A Google Cloud engineer was fired after interrupting a speech at an Israeli tech event in New York to protest against the company's involvement in Project Nimbus, a $1.2 billion contract to supply AI and advanced technologies to the Israeli military. The engineer shouted about refusing to build technology that powers genocide or surveillance, referencing concerns raised by Google employees about the project's impact on Palestinian communities. Google cited the engineer's interference with an official company-sponsored event as the reason for his termination.