JERUSALEM :Israeli cybersecurity firm Wiz is pulling tens of millions of dollars out of Israeli banks, a source close to the company said on Tuesday, joining private sector opposition to the government's planned overhaul of the judicial system.The source, who spoke to Reuters on condition of anonymity, said W
JERUSALEM :Israeli cybersecurity firm Wiz is pulling tens of millions of dollars out of Israeli banks, a source close to the company said on Tuesday, joining private sector opposition to the government's planned overhaul of the judicial system.
The move follows similar action by local startup Disruptive AI and venture capital fund Papaya Global, which last month said they would move bank accounts out of Israel. Prime Minister Benjamin Netanyahu has said the changes would restore balance between the branches of government and boost business by cutting back on unnecessary litigation.
Wiz founder Yinon Costica was one of the protesters and he told Reuters he was worried about"abrupt" and unilateral changes to the judicial system which are not backed by wide acceptance.
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