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Various entrepreneurs tell Reuters the move is a result both of economic advantages in America as well as local uncertainty caused by the judicial overhaul
Tech Startups: It may not mean jobs shifting overseas en masse - the tech sector accounts for 14% of Israeli jobs - but registering companies or intellectual property (IP) abroad can affect where taxes are paid and so impact government revenue.
A number of Israeli experts have warned of a “real disintegration of Israeli society.”
A rising number of Israel's tech startups are integrating into the United States, lured by U.S.' deep-pocketed funds and pro-business policies,...
The economic risk for Israel's government is that its plans, which have sparked unprecedented nationwide protests, scare a tech industry that accounts for almost a fifth of the country's gross domestic product and about 30% of tax income. Some entrepreneurs already appear to be voting with their feet.