On Wednesday, Wix.com launched a new Wix Code platform that combines Wix editor with features for advanced applications and design. Nir Zohar, President and COO of Wix, joins Cheddar to discuss how the new platform will make the website design process easier.
The past quarter, Wix saw growth in revenue and subscriptions. Some 188,000 new premium subscriptions were added, which is up 33% year-over-year. He talks about Wix hitting record levels of conversion, mainly due to new product releases, and improvements to existing products.
Plus, how will a re-write of the tax reform bill impact the small businesses working on the Wix platform? Zohar says he hopes it will stimulate the economy, and allow more small businesses to flourish and create websites on the platform.
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”
Although Tesla may be offering discounts, GM President Mark Reuss said the company is holding firm on its EV pricing after announcing the 2024 Corvette E-Ray on Tuesday, the 70th anniversary of the first Corvette.
Microsoft said it's expanding access to OpenAI following reports of talks for a major investment by the tech giant in the startup parent company of ChatGPT.
Long before beleaguered billionaire Elon Musk purchased Twitter in October, he had set his sights on Tesla, the electric automaker where he serves as CEO and from which he derives most of his wealth and fame.