Israeli slang: Modern Hebrew and it's trend

This article discusses the latest trend with modern hebrew. Globalization has caused an onslaught of new foreign words to make it's way into the Modern Hebrew vocabulary. Ariel Sharon doesn't seem to like this as he complained that the once ubiquitous Hebrew farewell "shalom" has largely been replaced by "yalla, bye," an Arabic-English hybrid. He also chastised the satellite and cable TV companies, Yes and Hot, for choosing foreign names.