Selina Tobaccowala was working at SurveyMonkey when her mentor and good friend, CEO Dave Goldberg, passed away. His sudden death put her life in perspective. Tobaccowala herself was working endless hours and leaving little time for her health. Now, the entrepreneur has launched Gixo.
Tobaccowala joins Cheddar to explain her new app. The fitness platform effectively turns a user's smartphone into a mobile gym. Gixo offers 180 live fitness classes, and costs $24.99 a month for the unlimited option. Tobaccowala could see that U.S. consumers, and millennials in particular, are interested in interactive, experiential workouts. Tobaccowala and her co-founder, Al Lieb, wanted to create an option for that consumer that didn't cost as much as a traditional gym membership or a boutique fitness class.
Gixo classes are primarily conducted with audio, and users can sync their wearables to the app. Because the classes are live, coaches can give feedback to the user after the class.
Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.
Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. While the number of all car-related fatalities has trended upward over the last decade, pedestrians and cyclists have seen the sharpest rise: over 60% between 2011 and 2022.