Uncategorized
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.
—
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.
Uncategorized
Israeli Intelligence: Iran’s Regime at Most Fragile Point Since 1999
Iran’s Supreme Leader Ayatollah Ali Khamenei listens to the national anthem as Air Force officers salute during their meeting in Tehran, Iran, February 7, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS
i24 News – Israeli intelligence officials assess that Iran’s ruling Ayatollah regime is at its most fragile point in more than two decades, as nationwide protests continue to escalate.
The scale of the demonstrations and the government’s response have prompted deep concern in Jerusalem.
A near-total internet shutdown is being interpreted as a troubling signal of severe events unfolding on the streets, including widespread killings that remain largely undocumented. Despite protests erupting in roughly 100 cities across Iran, very little video footage has emerged, further underscoring the regime’s clampdown.
Israeli officials warn that the situation could pose a real threat to the stability of Tehran’s leadership if demonstrations continue to grow. However, sources stress that the outcome is highly uncertain. A potential collapse of the regime would not necessarily lead to a democratic government, and intermediate scenarios—such as the replacement of leaders with regents or puppet figures—are also possible.
“The situation is far more complex than it appears,” said a source familiar with security discussions to i24NEWS. “No one truly knows how events will unfold, and we are monitoring every development with extreme caution to determine the best response.”
For now, Prime Minister Benjamin Netanyahu’s approach is described internally as “monitoring, supporting, hoping.” Israel is keeping a careful distance, allowing Washington to take the lead in applying international pressure on Tehran, while ensuring that the protest movement cannot be linked to Jerusalem in any public way.
Israel’s security establishment continues to follow developments closely, preparing for multiple scenarios in an environment where uncertainty and volatility remain exceptionally high.
Uncategorized
‘Prepare Military Defenses,’ Top US Officials Warn Trump as He Contemplates Strike on Iran
US President Donald Trump speaks during a swearing-in ceremony of Special Envoy Steve Witkoff in the Oval Office at the White House in Washington, DC, US. Photo: Kent Nishimura via Reuters Connect.
i24 News – US President Donald Trump has been warned by senior military officials that more time is needed to prepare for potential strikes against Iran, reports the Telegraph.
The president is reportedly considering military action in response to the violent crackdown by Iranian security forces against demonstrators.
Options under review include targeting elements of Iran’s security services implicated in the mass suppression of protests.
The demonstrations, which have erupted nationwide, have drawn international attention and heightened tensions in the region.
However, commanders stationed in the Middle East have cautioned that any immediate strike could provoke retaliatory attacks against US forces or allied interests. Officials told the White House that US troops need to first “consolidate military positions and prepare defenses” before undertaking any operations that could escalate into a broader conflict.
The warnings reflect concerns over both operational readiness and regional stability. Iran’s military capabilities, including ballistic missiles and proxy forces, could enable swift retaliation, making careful planning essential.
Intelligence assessments are ongoing, with US officials also monitoring Tehran’s response to the protests, which have been met with lethal force by authorities.
Uncategorized
Mamdani denounces Hamas chants, but his delay draws scrutiny
New York City Mayor Zohran Mamdani is facing mounting scrutiny after a delayed response to a protest in which demonstrators chanted pro-Hamas slogans. The episode reopened lingering doubts among Jewish leaders and voters who have watched Mamdani stumble through earlier flashpoints.
In a statement shared with reporters Friday evening, Mamdani condemned the language used during a protest outside a Queens synagogue Thursday night. The demonstration targeted an event promoting real estate investment in the Jewish communities of Modi’in and Ma’ale Adumim, settlements in the occupied West Bank, and included chants of “Say it loud, say it clear, we support Hamas here.”
Mamdani said the rhetoric and displays at the protest were “wrong and have no place in our city.” An hour later, amid criticism that he had not explicitly named Hamas, he followed up in a post on X, “Chants in support of a terrorist organization have no place in our city.”
It echoed a similar episode after Mamdani’s election in November, when he issued a mixed response to a demonstration outside Manhattan’s Park East Synagogue that featured anti-Israel and antisemitic slogans. He initially questioned the use of a sacred place for an event promoting migration to Israel. He later clarified his statement and said he would consider legislation limiting protests outside synagogues.
Critics said the response, which took nearly a day, was slow and undercut Mamdani’s repeated pledges to protect Jewish New Yorkers, and raised fresh questions about what kind of mayor he intends to be. New York City is home to the largest concentration of Jews in the United States. New York Police Department data shows that antisemitic acts made up 57% of all reported hate crimes citywide in 2025.
A week earlier, on his first day in office, Mamdani — a democratic socialist whose strident criticism of Israel deepened rifts within New York City’s Jewish community during the election — had already drawn criticism from mainstream Jewish organizations for revoking two executive orders by former Mayor Eric Adams that adopted a controversial definition of antisemitism that includes some forms of anti-Zionism, and another penalizing city contractors who engaged in boycotts of Israel.
Mamdani’s response to the Thursday night Hamas chants was issued around 5 pm on Friday. By the time, many Shabbat-observant New Yorkers did not see the mayor’s condemnation until Saturday night.
Some allies who accepted Mamdani’s ideological position privately expressed surprise that the mayor did not immediately denounce the chants, given the predictability of the backlash and the stakes involved. During the election, Mamdani came under fire for his refusal to explicitly condemn the “globalize the intifada” slogan used at some pro-Palestinian protests, perceived by many as a call for violence against Jews.
Adam Carlson, a political polling and research expert, called Mamdani’s statement denouncing the Hamas chants reasonable but “not perfect,” after spending much of the day criticizing the mayor’s lack of response, even as Democratic elected officials and some of Mamdani’s progressive allies issued fierce condemnations. “This is not only hurtful to me,” Carlson wrote on X, “but it’s bad politics and distracts from his agenda.”
Former City Comptroller Scott Stringer, who is Jewish and ran in last year’s Democratic mayoral primary, was even more blunt. “I have never been as concerned about the direction of our city as I am today,” Stringer said in an interview. “We are not up to a strong start in bringing the city together.”
Stringer, who was an active leader in combating anti-Muslim hatred after 9/11, said he had hoped that Mamdani would focus on affordability and issues that unite New Yorkers across communities. “But if that’s not to be, then we will fight politically,” he said. He pointed to the upcoming June primaries for Congress and the State Assembly, in which some of Mamdani’s socialist allies — and candidates he has endorsed — could pay a political price. In New York, Stringer said, “we are at the epicenter of Jewish hate, and we’re not going to stand down and allow this to unfold without a political response.”
Speaking with reporters on Saturday, Mamdani declined to address why he didn’t respond immediately, but said his statement was “consistent with my own politics and my own policies.”
A recent poll found that 55% of non-Jewish voters in New York City say Jewish concerns about feeling threatened by Mamdani’s statements on Israel are an overreaction fueled by politics. By contrast, among a smaller sample of 131 Jewish respondents, 53% say they have reason to feel that way, given Mamdani’s statements and associations.
What other city leaders said
While Mamdani remained silent through much of Friday, other city leaders moved quickly. City Council Speaker Julie Menin, City Comptroller Mark Levine, Gov. Kathy Hochul and Attorney General Letitia James all issued statements strongly condemning the pro-Hamas chants.
Speaking Friday night at Park Avenue Synagogue in Manhattan, Menin, who is the first Jewish speaker in the council’s history, was cautious but optimistic about collaborating with Mamdani on issues related to antisemitism in Israel.
“The Torah reminds us that leadership does not emerge from a place of peace, but from a place of struggle,” Menin told congregants. “When it comes to fighting for our Jewish community, I promise I will be the leader that you can count on — one who stands up to hate, who is not afraid to speak out, and who will not look away when it is uncomfortable or inconvenient.”
Levine, who is also Jewish, said, “There is no ambiguity” in condemning the support of a terrorist organization. “This cannot be normalized or excused,” he wrote on X. “Truly reprehensible.”
Hochul, who is running for reelection this year, said in a joint appearance with Mamdani last week that in her upcoming State of State address on Tuesday, she will announce safety zones around houses of worship “where people can go freely to a safe place without threats of violence or protests.”
The post Mamdani denounces Hamas chants, but his delay draws scrutiny appeared first on The Forward.
