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EU antitrust chief Vestager ends with wins over Apple and Google, but is it enough?

Larry Ellison-backed Israeli startup Imagene and Oracle unveil AI model for cancer detection

Eyal Waldman joins Cato Networks' Board as cyber unicorn prepares for 2025 IPO

Element Security nets $5M in funding to help organizations manage their external attack surface

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Cyber unicorn Checkmarx hits the market with $2.5 billion price tag

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"We closed a deal with a large client, but they had questions about what happens if Israel no longer exists"

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Andreessen Horowitz steps up Israeli investments as local funds struggle to raise capital

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Mobileye drops lidar development, axes 100 jobs to save $60M

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The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success

Mobileye

20 stories about Mobileye

אמנון שעשוע מייסד ומנכ"ל מובילאיי

Mobileye drops lidar development, axes 100 jobs to save $60M

09.09.24|Sophie Shulman

Cost-saving measures and evolving technologies force the autonomous leader to rethink sensor strategies.

צוות Own Company

Salesforce’s $2B Own buyout and Tower’s India move show Israel’s strength—and its vulnerabilities

08.09.24|Sophie Shulman

Why Israeli high-tech’s global success may come at a cost to the local economy.

מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

Intel weighs selling part of Mobileye to raise much-needed capital

Amid revenue declines and market pressures, Intel is considering selling part of its 88% stake in the Israeli automated driving systems provider.

Mobileye’s China gamble backfires: How chaos in the world’s largest car market cut its value by two-thirds

01.09.24|Sophie Shulman

Dependence on China has turned into a nightmare for the autonomous vehicle leader.

פרופ' אמנון שעשוע מובילאיי ינואר 2024

The highs and lows of Amnon Shashua's tech empire

11.08.24|Sophie Shulman

Why the tech visionary behind Mobileye is facing his toughest business challenges yet.

אמנון שעשוע מ מייסדי מובילאיי ו

Mobileye founder Shashua acquires $10.4M-worth of shares after stock crashes

The autonomous vehicle systems manufacturer's market cap is at an all-time low of $12.24 billion after its shares fell by almost 50% in the past three months, and by nearly 65% since the start of the year.

Mobileye shares crash on disappointing results, 2024 guidance cut

01.08.24|Sophie Shulman

The autonomous vehicle systems manufacturer has lowered its forecast for the second half of the year after recording an operating loss of $94 million in the second quarter, almost three times that of the corresponding quarter last year, and a net loss of $86 million.

אפליקציה מוביט ברצלונה Moovit

Mobileye’s Moovit cutting 10% of staff

Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago

Mobileye first quarter revenue falls by almost 50% as clients cut back on spending to clear excess stock

The Israeli company said net loss widened to $218 million in the quarter from $79 million a year ago, weighed down by a slump in sales

מובילאיי אינטל Mobileye

Mobileye shares rise after securing order to ship at least 46 million new assisted driving chips

17.04.24|Reuters

The EyeQ6 Lite system is Mobileye's mass-market product for vehicles with some assisted driving features, such as automated cruise control and lane-changing, but not designed to power ones with higher levels of automation that allow drivers to take their hands off the wheel and eyes off the road

גזירת סרט קמפוס מובילאיי מימין רעיית הנשיא מיכל הרצוג כבוד נשיא המדינה מר יצחק הרצוג נשיא ומנכ"ל מובילאיי פרופסור אמנון שעשוע וראש העיר ירושלים משה ליאון

128,000 square meters, a hair salon and a basketball court: Mobileye opens new Jerusalem headquarters

27.03.24|Sophie Shulman

2,700 Mobileye employees in Jerusalem are moving to the company's new campus, which in addition to the usual high-tech perks such as a gym, will also include a convenience store, running track, service points for leasing vehicles, and nursing rooms

Volkswagen to integrate Mobileye systems in new Audi, Bentley, Lamborghini and Porsche models

20.03.24|Sophie Shulman

Mobileye will provide technologies for partially and highly automated driving based on its SuperVision and Chauffeur platforms

מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

Mobileye still searching for light at the end of the tunnel despite layoffs

19.03.24|Sophie Shulman

The autonomous vehicle company laid off 130 people after closing its aftermarket division

מובילאיי אינטל Mobileye

Mobileye closing aftermarket division, laying off 130 employees

18.03.24|Meir Orbach

The unit that provides retrofitted advanced driver assistance technology has seen its revenues decline meaningfully to roughly $40 million on an annual basis, and in recent years has not positively contributed to Mobileye profitability

רכב אוטונומי מובילאיי Mobileye ירושלים

Despite 2024 worries, Mobileye's Q4 success points to resilient future

25.01.24|Sophie Shulman

In the fourth quarter of 2023, revenues grew by 13% compared to the corresponding quarter, reaching $637 million. However the company anticipates a 50% drop in revenues to $230 million in Q1 of 2024 due to the supply glut in the market for driver-assistance chips

אמנון שעשוע Amnon Shashua Mobileye

What's the real reason Mobileye's shares plummeted by 25%?

07.01.24|Sophie Shulman

Was the dramatic drop in the stock of the autonomous vehicle technology company a transient setback or a precursor to graver issues?

Mobileye shares crash on forecast for 50% drop in Q1 revenue

04.01.24|CTech and Reuters

The company expects revenue in the first quarter of the year to plummet from a year earlier after discussions with its Tier 1 customers, which include Volkswagen and Porsche, revealed that they have excess inventory

קו רקיע מרכז תל אביב Tel Aviv Business Center

These are Israel's five most valuable tech companies entering 2024

Mobileye, Check Point, Nice, monday.com, and CyberArk head the list of the Israeli tech firms with the highest market cap after weathering a stormy 2023, reaching a total value of $83.5 billion

אמנון שעשוע הרס ב קיבוץ בארי מלחמה בעזה חרבות ברזל

Amnon Shashua: We must replace the government now

29.10.23|Amnon Shashua

When leadership fails so resoundingly for such a long period, we must cut our losses and do it quickly. The only solution to the current situation in Israel is to replace the government, and it needs to happen immediately.

מלחמת עזה איסוף תרומות מפוני עוטף עזה כיכר דיזמגוף תל אביב מבצע חרבות ברזל

Israeli tech companies rally to support IDF soldiers and victims of Hamas terror

Mobileye will donate NIS 5 million to non-profit institutions that help the residents of the south, Israel's Economic Leaders Forum raised NIS 28 million from about 250 companies, and Bank Hapoalim is establishing a loan fund of NIS 750 million with no interest