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.
The NHTSA is investigating Tesla over the potential for crashes and distracted driving due to its front touch screen "Passenger Play" game option. The probe covers 580,000 vehicles for all four models from 2017 to 2022.
Google CEO Sundar Pichai addressed staff about workplace culture concerns after they expressed issues with what they perceived as a lack of honesty, candor, and humility from their executives. Pichai attributed some of the challenges to remote communication during the ongoing pandemic.
The boys discuss President Biden's plans to send out free rapid tests as the testing supply chain starts to buckle ahead of the holidays. Also, why aren't Americans having more babies, and The Matrix returns.
NASA is launching its new generation of space telescopes just before Christmas. The James Webb Space Telescope, set to launch on December 24th, will succeed the Hubble space telescope as the world's most powerful complex space observatory. The project has been 30 years in the making and is one of the most highly anticipated space science missions of the 21st century. Klaus Pontoppidan, astronomer and JWST Project Scientist at the Space Telescope Science Institute joined Cheddar's Opening Bell to discuss.
Electric vehicle companies took a tumble Monday after Senator Joe Manchin killed Biden's 'Build Back Better' plan. Shares of Tesla, Lucid, and Rivian all fell rapidly as the plan had included significant incentives for the growing EV sector. Rich Steinberg, former executive at Nissan, BMW and Electrify America joined Cheddar's Opening Bell to discuss.
