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Meta loses its $1.5 billion AI recruit less than a year after hiring him

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Secretive defense startup Covenant emerges from stealth with $250 million at over $1 billion valuation

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Palo Alto Networks founder Nir Zuk raises $245 million for new cybersecurity startup

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“We proved there are no sacred cows in technology”: Island founder says the company can be worth tens of billions

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What made Anthropic walk away from the $6 billion Decart deal?

Merit Spread Foundation

3 stories about Merit Spread Foundation

אסף רפפורט מייסד ו מנכל WIZ וויז לצד משרדי רשת 13 רמת החייל ערוץ 13

The Wiz founders’ nonprofit behind Israel’s most unusual media deal

16.03.26|Omri Kalischer

The Merit Spread Foundation will serve as the vehicle for the tech entrepreneurs’ bid to acquire Reshet 13, backed by a planned $125 million investment.

מימין לן בלווטניק אסף רפפורט ו פטריק דרהי - חדש

Wiz CEO Assaf Rappaport’s tech group to acquire Israeli broadcaster Reshet 13 from Len Blavatnik

13.03.26|Omer Kabir

Tech-backed Merit Spread Foundation, which will replace a proposed takeover by telecom tycoon Patrick Drahi, plans to invest about $120 million in the struggling broadcaster.

מייסדי WIZ וויז

Wiz founders donated 1% stake to charity, now worth $320 million

09.03.26|Omri Kalischer

The stake, pledged by Assaf Rappaport and Yinon Costica through the Merit Spread Foundation, could generate close to NIS 1 billion in funding for social causes after the Google deal closes.