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The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success
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JPMorgan CEO Jamie Dimon makes whirlwind visit to Israel
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From IPO dreams to CrowdStrike’s crisis: Inside the collapse of the Wiz-Google mega deal
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Israel’s Quantum Transistors receives €17.5M from the European Innovation Council for its quantum computing solution
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Amdocs set to cut 1,500-3,000 jobs in new round of layoffs
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20 stories about Google
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz-Google deal collapse will only benefit Israel’s cyber industry

24.07.24|Meir Orbach
By canceling the deal, Wiz’s founders have paved the way for other Israeli entrepreneurs to feel confident in their path. 
מייסדי וויז Wiz founders

From IPO dreams to CrowdStrike’s crisis: Inside the collapse of the Wiz-Google mega deal

23.07.24|Sophie Shulman
The timing of CEO Assaf Rappaport's announcement that Wiz was walking away from the Google deal on the eve of the giant’s earnings report indicates that he was mulling the decision until the very last moment. The fear of becoming history at the age of 40, the blow received by competitor CrowdStrike, the attempt to raise the price, and the desire for a huge IPO were probably among the considerations that tipped the scales. 
Assaf Rappaport Wiz Dog

The $23 billion gamble: Wiz's bold move to stay independent

23.07.24|Meir Orbach
CEO Assaf Rappaport and the other founders did not want to sell Wiz to Google. Reluctantly, they had to participate in the negotiations and show full commitment to the company's investors. However, as the moment of truth approached, they made an unexpected decision: to give up $23 billion in favor of the more challenging option of developing the company in preparation for a giant IPO. 
מייסדי וויז Wiz founders

Wiz rejects Google’s $23 billion acquisition offer, eyes IPO instead

23.07.24|Omer Kabir
"Let me cut to the chase: our next milestones are $1 billion in ARR and an IPO. Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice," CEO Assaf Rappaport wrote in an email to employees. The deal was supposed to be the largest acquisition ever by the American search giant and the largest exit of an Israeli company.
Edge FBI

The Israeli company helping hack the Trump shooter's phone - and Google has eyes on Startup Nation

18.07.24|CTech
Also on our AI-native show:  Innovalve acquired for $300 million in cash by Edwards Lifesciences
מימין: מנכ"ל Wiz אסף רפפורט והמשקיע גילי רענן מקרן הסייבר

Napkin contract in gas station: Wiz's journey from Israel's military intelligence to $23B exit

17.07.24|Reuters
Along with universities, Israel's military intelligence and technology units, such as 8200, have provided the leaders for hundreds of tech startups, including Wiz.
דייב דה וולט מייסד קרן NightDragon

Dave DeWalt: "Wiz is at the right place, at the right time, with the right product"

17.07.24|Reuters
The founder of the cyber-focused VC firm NightDragon and former CEO of cyber firm FireEye noted that cloud security is the most important and fastest-growing part of cybersecurity, which is why Google is interested in Wiz's products to defend against ransomware gangs wreaking havoc on large enterprises 
מימין ניר צוק ו עומרי כספי

From Nir Zuk to Omri Casspi: The unexpected winners of the historic Wiz deal

17.07.24|Sophie Shulman, Meir Orbach
The Palo Alto Networks founder and NBA player turned VC are just two of the surprise winners in the deal. The likes of Shlomo Kramer, Mickey Boodaei, and Marius Nacht are also all set to make a handsome profit through their investment in Gili Raanan’s Cyberstarts fund, which is believed to hold a $900 million stake in Wiz.
סונדאר פיצ'אי Sundar Pichai

Why Google needs Wiz to keep up with Amazon and Microsoft

16.07.24|Meir Orbach
Google does not have a cyber strategy like its cloud competitors, Microsoft and Amazon. It is trying to catch up quickly, but for that it needs Wiz 
מימין דאלי ראג'ק ו אסף רפפורט wiz

From IPO dreams to a Google acquisition: Wiz's $23 billion journey

16.07.24|Sophie Shulman
Wiz, once focused on an IPO, ultimately embraced a massive buyout from Google, altering its growth trajectory. The acquisition is a testament to the fluctuating dynamics of the tech sector and investor influence. 
מייסדי וויז Wiz founders

Wiz founders to net over $2 billion each in Google deal

15.07.24|CTech
CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon Costica, and VP R&D Roy Reznik are each believed to hold an estimated 10% of the company. With all four being Israel residents, each will have to pay 25% capital tax and an additional 3% surtax, meaning they will be contributing over $600 million each in taxes. 
Assaf Rappaport Wiz Dog

From Waze to Wiz: Google writing new chapter in Israeli tech history

14.07.24|Sophie Shulman
A small step for Google is a giant leap for Wiz and especially for the Israeli tech industry, which has been struggling to preserve its prestige and reputation in what has been the most challenging year and a half it has known. 
הנפקת Wiz ויז

Wiz acquisition: Google goes all-in on cyber with historic deal

14.07.24|Meir Orbach
Google can transform Wiz through its vast infrastructure into a billion-dollar company in a very short time, making it an equal competitor to giants like Palo Alto Networks, Cisco, and others. 
מייסדי וויז Wiz founders

Google in negotiations to acquire Wiz in $23 billion deal

14.07.24|Meir Orbach
According to the Wall Street Journal, Google parent Alphabet is looking to purchase the Israeli cybersecurity company in what would be its largest acquisition ever. Wiz raised $1 billion at a $12 billion valuation earlier this year.
דאטה סנטר

Google’s AI ambitions threaten carbon neutrality pledge

04.07.24|Omer Kabir
Data center expansion leads to 48% Increase in emissions since 2019
משרדי גוגל תל אביב

Google shutting down biotech company’s R&D centers in Israel

29.06.24|CTech
Verily was launched in Israel in August 2021, but its approximately 30 remaining employees, based in Tel Aviv and Haifa, are being laid off following Alphabet's decision to concentrate all R&D activity in the U.S.
Edge JFrog

A look at Google's new Israel office and why JFrog bought Qwak

27.06.24|CTech
Also on our AI-native show: eHealth Ventures launches fast-track pre-Seed investment program for health tech companies
הדמיית מגדל משרדים ToHa2 תל אביב אמות גב ים

Google inks record-breaking $300 million Tel Aviv rental deal

25.06.24|Dotan Levy
The largest office rental agreement in Israeli history will see the tech giant rent approximately 60,000 square meters in the ToHa2 tower in Tel Aviv, set to open in 2027 
גוגל ו לוגו אפל

The dirty secret behind data backup

02.06.24|Viki Auslender
The tech giants are relentless in urging us to back up photos, emails, files and other data that we will never use. A service that started out as free is currently bringing them billions of dollars a year and also polluting the environment in the process 
מנכ"ל מיקרוסופט סאטיה נאדלה ומנכ"ל אלפבית גוגל סונדר פיצ'אי

How cloud credit became tech's new currency

28.05.24|Viki Auslender
Tech giants like Amazon, Microsoft and Google use their cloud services as a kind of new currency. They invest in companies while giving "credit" to use the cloud instead of paying in cash, and along the way attract and tie start-ups to their infrastructures
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