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Israeli government power grab makes future uncertain for new companies

July 31, 2023Ken Showers, Managing Editor

JERUSALEM – A fight between the Israeli government and its judiciary is causing a great deal of discomfort in the corporate community of the “Start-up Nation.” Globally, Israel previously ranked third for being startup friendly and has benefited as a result with many tech companies moving in take advantage, especially security and cybersecurity startups. However, the recent global economic downturn and a spate of judicial reforms that began in January and passed in July have...

Avi Hasson, Cybersecurity, Diyaa Shridi, Israel, Security, Sompo, Start-Up Nation Central, startup