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Palo Alto CEO Nikesh Arora said he could wait and buy AI security winners. Now he's chasing two Israeli startups

The new CFO: From reporting the past to shaping the future

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ServiceNow lays off more employees as its shares fall 35% in under two weeks

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Qualcomm's restructuring costs surge to $332 million amid workforce overhaul

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Intel CEO Lip-Bu Tan buys the dip, investing $9.7 million despite losses on earlier purchase

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Palo Alto Networks in talks to acquire Israeli startup Clutch Security for $500 million

Rapid

6 stories about Rapid

"I hope the AI bubble bursts soon. I need it to happen for my startup to succeed"

30.09.25|Sophie Shulman

After being ousted from RapidAPI, former teen unicorn founder Iddo Gino returns with Datawizz, aiming to cut AI costs, challenge industry giants, and navigate the fevered Silicon Valley landscape.

מוסף שבועי 11.5.23 אידו ג'ינו והיוניקורן Rapi

Nokia acquires former unicorn Rapid to boost API-driven 5G monetization

Struggling Israeli-founded startup’s technology joins Nokia’s push to expand its network API ecosystem.

מוסף שבועי 11.5.23 אידו ג'ינו והיוניקורן Rapi

Rapid descent: Iddo Gino’s rise and fall

11.05.23|Diana Bahur-Nir

An inside look at the dizzying rollercoaster ridden over recent years by prodigy Iddo Gino and his unicorn Rapid, which he founded at the tender age of 17

מאסיושי סון מסיושי מאסאיושי מייסד סופטבנק פברואר 2019

Cybereason and Rapid are paying the price for SoftBank’s mistakes

30.04.23|Sophie Shulman

The collapse of Cybereason’s value by 90% along with the layoffs of half of the employees and the replacement of the CEO at Rapid are two more milestones in the crisis engulfing Israeli high-tech. However, these two companies have another common denominator: Belonging to SoftBank's portfolio

API unicorn Rapid laying off half of its workforce

25.04.23|Sophie Shulman

New CEO Marc Friend wasted little time in implementing cutbacks after replacing founder Iddo Gino at the helm last week

Prodigy Iddo Gino out as CEO of unicorn Rapid

19.04.23|Sophie Shulman

Gino, who founded the company eight years ago when he was 17 years old, will be replaced by CFO Marc Friend