WIX .COM

Wix.com Ltd. is an Israeli cloud-based web development platform that was first developed and popularized by the Israeli company also called Wix. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools.Along with its headquarters and other offices in Israel, Wix also has locations in Ukraine, Brazil, Lithuania, the United States and Germany.

Users may add functionality such as social plug-ins, e-commerce, online marketing, contact forms, e-mail marketing, and community forums to their web sites using a variety of Wix-developed and third-party applications. Wix is built on a freemium business model, earning its revenues through premium upgrades.

Wix was founded in 2006 by Israeli developers Avishai Abrahami, Nadav Abrahami and Giora Kaplan. The company, headquartered in Tel Aviv, was backed by investors Insight Venture Partners, Mangrove Capital Partners, Bessemer Venture Partners, and Benchmark Capital. The company entered an open beta phase in 2007 using a platform based on Adobe Flash.

By April 2010 Wix had 3.5 million users and raised $10 million in Series C funding provided by Benchmark Capital and existing investors Bessemer Venture Partners and Mangrove Capital Partners. In March 2011, Wix had 8.5 million users and raised $40 million in Series D funding, bring its total funding to that date to $61 million.

On 5 November 2013, Wix had an initial public offering on NASDAQ, raising about $127 million for the company and some share holders.

In 2016 Word-press founder Matt Mullenweg —posted an open letter on his personal blog accusing the developers of the blogging site Wix of essentially stealing WordPress code for a new mobile application:

If I were being charitable, I’d say, “The app’s editor is based on the WordPress mobile app’s editor.” If I were being honest, I’d say that Wix copied WordPress without attribution, credit, or following the license. The custom icons, the class names, even the bugs. You can see the forked repositories on GitHub complete with original commits from Alex and Maxime, two developers on Automattic’s mobile team. Wix has always borrowed liberally from WordPress—including their company name, which used to be Wixpress Ltd.—but this blatant rip-off and code theft is beyond anything I’ve seen before from a competitor.

Turns out Avishai Abrahami the founder of Wix is a former member of Israels cyber spy agency Unit8200

By 2018 the number of Wix users had crossed 100 million

It also turns out that features in HTML5 can be exploited by malicious websites to illicitly peek at pages open on a victim’s browser, it is claimed. Remember Wix uses HTML 5

 

Security researchers at Context Information Security have figured out how to precisely observe the speed at which CSS and SVG graphics are drawn on screen to extract sensitive data including browsing history or text from other browser sessions.Paul Stone, a senior consultant at Context, warned that hackers can use this timing information – which can be accurate to millionths of a second – to read the colour of pixels from web pages that are for the user’s eyes only: this allows miscreants to painfully reconstruct words and numbers on the pages, determine which links have been visited, and so on.

A group of Columbia University security researchers have uncovered a new and insidious way for a hacker to spy on a computer, Web app or virtual machine running in the cloud without being detected. Any computer running a late-model Intel microprocessor and a Web browser using HTML5 (i.e., 80% of all PCs in the world) is vulnerable to this attack.

The exploit, which the researchers are calling “the spy in the sandbox,” requires little in the way of cost or time on the part of the attacker; there’s nothing to install and no need to break into hardened systems. All a hacker has to do is lure a victim to an untrusted web page with content controlled by the attacker. Once there, the software inside the bogus content launches a program that  manipulates how data moves in and out of a victim PC’s cache, which is the part of the CPU that serves as the intermediary between the high-speed central processor and the lower-speed random access memory or RAM

To recap

100 million users

Company founded by former Israeli spy

Theft of WordPress code

Technology used could be used to spy on users

What could go wrong??

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1 Response to WIX .COM

  1. Pingback: THE KOSHER MR DUTERTE – aladdinsmiraclelamp

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