Wix’s quick fix: Website builder increases full year growth outlook after cutting 18% of workforce

Wix’s quick fix: Website builder increases full year growth outlook after cutting 18% of workforce. 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.

Zim leads $8 million investment in vehicle-inspection startup Spinframe. The Israeli startup’s AI-enabled platform creates “Digital Twins” for vehicles throughout the supply chain and detects anomalies from the assembly line throughout the vehicle journey to the dealership and end customer.

SWAPP raises $11.5 million Series A to help architects with AI platform. The Israeli startup’s solution streamlines the creation and management of architectural construction documents.

One star rating: Is this the end of the road for Uber and the like? After 15 years of grandiose promises, huge investments and IPOs, Uber, Lyft and DoorDash still aren't making a profit.

IDF computing unit alumni providing community to early-stage startups in a time of crisis. The Mamram Alumni Association accelerator program and co-working space are some of the ways it hopes to boost morale in an increasingly difficult climate.