Court overturns Eli Lilly's $176.5M loss in Teva patent case
US District Judge Allison Burroughs said in a post-trial ruling that the Teva patents covering the use of antibodies to inhibit headache-causing peptides were invalid.
Business & Finance
US envoy, Boeing officials honor El Al at 75th anniversary
Chargé d’affaires ad interim at the US Embassy Stephanie L. Hallett was joined by the executive vice president of The Boeing Company, El Al's controlling shareholder, and the CEO of the Israeli carrier.
Amazon to invest $7.2B in Israel, launches Tel Aviv data centers
“Israeli society and democracy are coming out strengthened,” Prime Minister Benjamin Netanyahu says after the announcement.
Stars and stripes meet blue and white high-tech
One might imagine that the American dream for Israeli entrepreneurs is only in the Big Apple – or perhaps also Silicon Valley, Los Angeles, or Miami. But one of the biggest hubs for Israeli companies in the US is actually New Jersey.
Mobileye shares sink as China EV demand ebbs
Mobileye's shares were trading at $33.17 per share, down about 23%.
Israel's tech sector feels SVB collapse, proposed judicial reform
More than half of the country's startups held an account with SVB, companies and venture capital investors said, in some cases their only US banking facility although the amounts involved are not fully known.
PM vows to help Israeli high-tech amid SVB's collapse
"We have an obligation, of course, to try to protect these companies, whose main operations are in Israel and will remain in Israel, and also their employees," Netanyahu tells cabinet.
JP Morgan cautions investors amid Israel's 'domestic volatility'
As the protests over the government's proposed judicial reforms see no signs of abating, the largest US investment bank warns that "the scale of economic/market impact is difficult to judge at this stage, but it can be a medium-term negative."
India's Adani vows to keep investing in Israel after Haifa port takeover
Adani spoke at a ceremony in Haifa welcoming Adani Ports APSE.NS and local chemicals and logistics group Gadot - the partners who purchased the port for 4 billion shekels ($1.15 billion).
Israeli tech firms to stage warning strike against court reform
The list of companies planning to join the measure numbers over 130 entities and includes such internationally renowned brands as Wiz, INX, Cheq, Natural Intelligence, and Luminescent.