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.
Paul Miller, certified public accountant and founder of Miller & Company LLP, joined Cheddar News to discuss what electric vehicle owners should know about tax credits and the new rules to qualify for them. "I would definitely make a phone call to your accountant ... to your CPA to ensure that you're getting the credit and it's applicable," he said.
Meta is now allowing teenagers to access its virtual reality app, Horizon Worlds, even as critics of the technology say it could have harmful consequences for mental health. Cheddar News Senior Reporter Michelle Castillo breaks down the announcement.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
