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2 Israeli tech firms to pull funds out of the country, citing risk posed by Netanyahu government
(JTA) — The Israeli founder of an international payroll company that provides services to Toyota and Microsoft has announced that she will move her company’s money out of Israel over concerns about its new right-wing government.
Eynat Guez, a co-founder and CEO of Papaya Global, which was valued at $3.7 billion in 2021, made the announcement Thursday on Twitter. Her announcement came the morning after Israeli Prime Minister Benjamin Netanyahu defended his government’s proposed judiciary reforms and after weeks of mounting warnings, from within Israel and abroad, that the reforms could harm Israel’s credit rating. Netanyahu dismissed those warnings on Wednesday as overblown.
“Following Prime Minister Netanyahu’s statements that he is determined to pass reforms that will harm democracy and the economy, we made a business decision at Papaya Global to withdraw all of the company’s funds from Israel,” Guez tweeted on Thursday morning. “In the emerging reform, there is no certainty that we can conduct international economic activity from Israel. This is a painful but necessary business step.”
Guez has emerged as a leader within Israel’s vaunted tech sector in protests against the new government, speaking at a rally of tech workers in Tel Aviv that took place last weekend amid protests around the country. The rallies are largely focused on the governing coalition’s judiciary proposals, including legislation that would allow the Knesset, Israel’s parliament, to overrule Supreme Court decisions.
In her speech, Guez said she had been encouraged to raise money for Papaya Global from the United States, a common step for Israeli firms, but had resisted because she wanted to live in Israel and raise her children there, the way her parents had after immigrating from their birthplaces in Morocco and Tunisia.
She also noted that $54 billion in capital from abroad had been invested in Israeli companies in the past three years. “Without a democracy, we’d never have these $54 billion,” she said. “And not the tens of thousands of employees who joined the high-tech sector in recent years.”
Guez said foreign investors had been calling with concern about whether Israel’s democracy was crumbling. “Just like in Brazil, Venezuela and Hungary, no leading investor or financial institute will let his billions stay in a country with a crumbling democracy,” she said. She added, “Let’s say this loud and clear: Startup Nation without a democracy cannot stand.”
A second, smaller Israeli tech company is also moving its bank accounts out of Israel, according to the Israeli tech publication Calcalist. The firm, Disruptive AI, raises money for artificial intelligence startups and manages $250 million in funds.
Guez did not further explain Papaya’s business decision on Thursday and how it would affect the company or its employees. The company, which says it manages more than $3 billion in payroll for companies in 160 countries, entered the ranks of Israel’s “unicorn” tech firms in early 2021, meaning that it was valued at over $1 billion. It raised $250 million against a valuation of $3.7 billion later that year.
Israel’s tech sector has been experiencing the same downturn as the global tech sector, in which sweeping layoffs have been taking place in recent weeks. Last year was the worst since 2014 for the number of Israeli companies being acquired or going public.
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The post 2 Israeli tech firms to pull funds out of the country, citing risk posed by Netanyahu government appeared first on Jewish Telegraphic Agency.
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Over 300 rabbis and Jewish leaders call for removal of UN official who denied Oct. 7 rapes
(JTA) — Over 300 Jewish leaders, including women’s rights advocates and rabbis, urged the United Nations on Tuesday to remove Reem Alsalem, the U.N. rapporteur on violence against women and girls, for denying that rape occurred during Hamas’ Oct. 7, 2023, attack on Israel.
The letter, which was addressed to U.N. secretary-general Antonio Guterres, came two weeks after Alsalem claimed in a post on X that “No independent investigation found that rape took place on the 7th of October.”
In the letter, its signatories express their “horror and outrage” at Alsalem’s rhetoric, and cite two U.N. reports from March 2024 and July 2025 that concluded that there was “reasonable grounds” to believe that sexual violence had taken place during the attacks “in multiple locations, including rape and gang rape.”
The petition was organized by Amy Elman, a professor at Kalamazoo College who has authored books on antisemitism and state responses to sexual violence, and Rafael Medoff, the director of the David S. Wyman Institute for Holocaust Studies. It was shared with the Jewish Telegraphic Agency soon after being sent to Guterres.
“The targeted sexual abuse of Israelis by Hamas and its supporters is one weapon in the arsenal of those seeking Israel’s obliteration,” Elman said in a statement. “It’s outrageous that deniers such as Reem Alsalem are aiding and abetting the sexual violence by claiming it never happened. These apologists should be ashamed of themselves.”
The letter’s signatories include Deborah Lipstadt, the former antisemitism envoy; Judith Rosenbaum, the head of the Jewish Women’s Archives; Rabbi Irving Greenberg, the former chairman of the U.S. Holocaust Memorial Museum; Rabbi Deborah Waxman, the president of Reconstructing Judaism; and Hebrew College president Rabbi Sharon Cohen Anisfeld.
Dispute over whether sexual violence took place as Hamas murdered about 1,200 people in Israel on Oct. 7 has solidified as a point of sustained interest for some of Israel’s staunchest critics who allege that Israel and its supporters are using claims of rape as propaganda. Even the United Nations, frequently maligned by Israel and its supporters over its record toward Israel, has drawn allegations of complicity in the propaganda campaign from pro-Palestinian voices — though the U.N. rapporteur on Palestinian rights, Francesca Albanese, who has faced her own calls for dismissal from the Trump administration, has also publicly questioned the claims.
In addition to the U.N. reports, independent reporting and research by an Israeli nonprofit have validated claims of sexual violence on Oct. 7.
In the X exchange that spurred the new letter, Alsalem was arguing with another user about the Israeli government’s prosecution of soldiers accused of abusing a Palestinian detainee.
A day later, Alsalem posted a link to a Substack podcast from October where she criticized the credibility of the March 2024 U.N. report and said she had sought contact with the Israeli government to confirm its findings but had not received a response.
“The media, certain organizations and the world basically fell into the trap that Israel set up, which is to project that there was barbaric sexual violence being committed by these barbarian Palestinian men, and it was spun around and disseminated and very much used in order to then justify the genocide,” said Alsalem on the podcast.
Medoff said in a statement that Alsalem’s continued employment reflected inconsistent standards when it comes to Israel and antisemitism.
“If a UN official made such a remark concerning rape victims from any other ethnic or religious group, there would be an international uproar,” he said. “The same standard should apply to Israeli Jewish women who were sexually assaulted by Hamas terrorists.”
The post Over 300 rabbis and Jewish leaders call for removal of UN official who denied Oct. 7 rapes appeared first on The Forward.
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Rome synagogue memorial for 2-year-old killed in 1982 Palestinian terror attack vandalized
(JTA) — A synagogue in Rome and a memorial for a 2-year-old boy killed in a 1982 attack by Palestinian terrorists on the city’s Great Synagogue were vandalized on Monday by unknown individuals.
The plaque dedicated to Stefano Gaj Taché, who was killed in the attack that also left 37 injured, is located on the Monteverde synagogue, also known as the Beth Michael Synagogue, in Rome.
The unknown vandals spray painted black on the memorial, and also wrote “Free Palestine” and “Monteverde anti-Zionist and anti-fascist” on the facade of the synagogue, according to the Italian newspaper Corriere della Sera.
The vandalism was condemned by Victor Fadlun, the president of the Jewish Community of Rome, who said in a post on Instagram that the incident came amid a “a climate of intimidation” where antisemitism has “become a tool of political protest.”
“We place our trust in the police and call for the government’s strong intervention to halt this spiral of hatred,” Fadlun continued.
The incident comes amid a recent series of antisemitic vandalism in Rome, an epicenter of pro-Palestinian activism that has continued to see large demonstrations even after the ceasefire in the Israel-Hamas war in Gaza.
In October, the words “Dirty Jews, may you all burn” were spray-painted on the shutters of a kosher bakery, and in June a sign at another local synagogue was defaced with the words “Sieg Heil” and ”Juden Raus.”
“This is an act that outrages the Jewish community and deeply wounds it, because the plaque is dedicated to a child murdered by Palestinian terrorism and because this is a meeting place where young people and children meet, where they pray and create a sense of community,” Fadlun told Corriere della Sera. “Attacking the synagogue in this way means disavowing and violating the right of Jews to be able to come together and lead a normal life.”
In a subsequent post on Instagram, Fadlun said Italian President Sergio Mattarella had spoken to him over the phone to express his “solidarity” in relation to the synagogue vandalism.
Antonio Tajani, the Italian minister of foreign affairs, also condemned the vandalism in a post on X, adding that he has called Fadlun as well.
The European Jewish Congress also condemned the vandalism in a post on X. “This is not ‘anti-Zionism.’ It is antisemitism: the targeting of Jewish memory, Jewish mourning and Jewish history,” the group said. “Stefano’s name is a symbol of one of Italy’s darkest terror attacks. His memory should be protected, not desecrated. We stand in solidarity with the Jewish community of Italy and call on authorities to investigate this hate crime and ensure that such acts are treated with the seriousness they deserve.”
The post Rome synagogue memorial for 2-year-old killed in 1982 Palestinian terror attack vandalized appeared first on The Forward.
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Danny Wolf will see you now
When the Brooklyn Nets drafted Danny Wolf this summer out of the University of Michigan, scouts said they were getting a versatile big man who could get buckets, create for his teammates and rebound.
But the last few days of NBA action have shown the Jewish seven-footer picking up a surprising new habit: putting his opponents on posters.
After scuffling through the first two months of the season with a bum ankle, Wolf announced his arrival Saturday with a thundering jam on the Milwaukee Bucks’ Kyle Kuzma, for two of the forward’s career-best 22 points.
He claimed his next victim, in a 10-point, 7-rebound outing two days later, driving from the top of the arc before leaping off his left foot and dropping the hammer on the Charlotte Hornets’ Miles Bridges:
“That may get two howls!” Nets play-by-play announcer Ryan Ruocco cried.
Early returns have been limited since the Brooklyn Nets grabbed Israeli point guard Ben Saraf and Wolf with the 26th and 27th picks this summer. The learning curve for young floor generals is notoriously steep, and Saraf — who wears the number 77 to represent the Hebrew word mazal, meaning good fortune — has struggled to stay in the playing rotation.
But Wolf, an American-Israeli who was bar mitzvahed in Israel, is finding his footing — at least when he’s not taking off for a dunk. He dropped in five high-arcing three pointers against the Bucks, eliciting excited howls from Nets color commentator Sarah Kustok; before the Charlotte game, he apparently told teammates he was going to posterize somebody.
“I was kinda saying that as a joke,” he said, “but looking at it as an opportunity, and just trying to attack the rim, I did it, with rewards.”
“He manifested it,” said teammate Nic Claxton.
Let’s enjoy one more picture of Claxton and Wolf:

And here’s a Danny Wolf meme for good measure, courtesy of the Nets social media.
The post Danny Wolf will see you now appeared first on The Forward.
