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24/7
Headlines
16:20
Mastercard unveils generative AI shopping tool built on Dynamic Yield’s personalization capabilities
13:09
Mapping mental health innovation in Israel
12:53
Houthi rebels pose global threat to shipping in Arabian sea
12:45
Oversee CEO: “There's the day Job, and there's the work for the country”
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1
The untold story behind the collapse of proptech unicorn Veev
2
After raising $600 million, proptech startup Veev is on the verge of closure
3
“Israeli women are under brutal attack and there is complete silence”
4
Tuition of terror: Qatari money flowed into U.S. universities - and now it's fueling violence
5
Israel’s Tictuk acquired by Yum! Brands, owner of KFC, Pizza Hut, and Taco Bell
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Wix
20 stories about Wix
Israeli software companies thrive amidst macroeconomic transformation
06.08.23
|
Sophie Shulman
Growth and cash reserves bolstered the bottom line in the financial reports of Wix, Fiverr, JFrog, and even Lemonade
Wix’s quick fix: Website builder increases full year growth outlook after cutting 18% of workforce
17.05.23
|
Sophie Shulman
Wix reported a 10% growth in first quarter revenues to $374 million and now expects to end the year with 10-11% revenue growth, compared to 9% in its previous outlook
The Wix fix: “We began implementing further cost efficiency measures; reduced headcount by 15%"
22.02.23
|
Sophie Shulman
Wix laid off around 370 employees last week, most of them in support centers in the US. On top of the $150 million cost reduction plan announced in August 2022, the company is implementing an incremental $50 million of cost savings in 2023
Wix cuts another 370 jobs in second round of layoffs in six months
15.02.23
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Sophie Shulman
The website building company will part with over 6% of its workforce, with most of the layoffs being made in the customer care department
Wix announces $150 million cost-cutting plan as bragging backfires
11.08.22
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Sophie Shulman
Just three months ago the company's CEO boasted on social media that the only cuts he will be making will be in the brand of alcohol at the company, but this week it already announced the laying off of 100 employees
The hits keep coming: Plummeting tech giants turn focus to profitability and streamlining in turbulent times
19.05.22
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Sophie Sulman
Following the collapse in technology stocks, the Israeli representatives on Wall Street changed their tone and began to talk about profitability and efficiency instead of glorifying growth
“Globalization is a very big question, and localization is an even bigger question”
01.05.22
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James Spiro
Amit Sagiv, Co-Head of Wix Payments at Wix, shares how the company can accommodate the needs of billions around the world
“DevOps is a culture, it's not a job description”
20.03.22
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James Spiro
Aviran Mordo, Wix’s VP of Engineering, talks about the dev-centric culture it fosters for its 1,200 engineers
Russia-Ukraine conflict presenting Israeli tech with real-world challenges
27.02.22
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Sophie Shulman
While the world’s eyes are glued to the news, Israeli high-tech companies with centers in the Ukraine attempt to move hundreds of their workers out of the country
Filling the Israeli tech talent pool
04.10.21
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Daniel Farber-Ball
Tech recruitment has become a nationwide concern, so how do the heads of Wix, Fiverr, and other top companies face the challenge?
Tasq.ai raises $4 million in Seed led by former Wix exec
30.09.21
|
James Spiro
The Israeli startup’s AI development platform will “completely upend the way AI is built,” promises CEO
“Get out of your comfort zone and go for it”
24.07.21
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Daniel Farber-Ball
Oren Rubin, who founded test automation app company Testim after working at both Wix and Applitools, believes the recent wave of IPOs will allow employees to pursue new ventures more easily
PropTech startup Bllink raises $1.6 million led by Wix executives
07.07.21
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James Spiro
The Israeli startup’s platform allows buildings and their committees to manage and execute all building payments digitally and automatically
Wix acquires Rise.ai to expand its e-commerce activities
05.05.21
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James Spiro
Rise.ai has had partnerships with Facebook and Google to help provide companies with online gift card solutions
Wix founder and CEO invests in Unic-Tech, joins partnership
04.04.21
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James Spiro
Unic-Tech allows investors to invest in shares of unicorn companies
Wix partners with Google to make it easier to manage business profiles
24.03.21
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James Spiro
Wix’s existing partnership with Google already includes Google Analytics, Workspace, and more
Which company is targeting $300 million in a SPAC and are we in the midst of a fintech gold rush?
17.02.21
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CTech
CTech Daily Roundup: Wix.com revenues neared $1 billion in 2020, company ups 2021 outlook
Wix.com revenues neared $1 billion in 2020, company ups 2021 outlook
17.02.21
|
Sophie Shulman
The Israeli company recorded a 30% boost in revenues, concludes the year with a $216.5 million net loss
“Forget about selling, that’s bullshit. You can build multi-billion dollar companies in Israel”
28.12.20
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CTech
WIX President Nir Zohar speaks about his company’s phenomenal year and shares his thoughts on remote work
Wix brings in renowned chef to feed its staff
17.11.20
|
Sophie Shulman
Assaf Granit wins tender to open six restaurants and cater three meals a day for 3,000 employees at the new complex being built by the Israeli online giant
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