![]() ![]() Shopify said its 2021 outlook assumes that as countries roll out vaccines and people are able to move about more freely, the overall economic environment will likely improve. However, despite these outsized trailing results fueled by the once-in-a-lifetime dynamics of the coronavirus, investors did not take kindly to the company’s reminder that its growth rates would likely decline in the year ahead as post-pandemic life unfolds. At the same time, Shopify said its payments volume more than doubled to $19.1 billion and accounted for 46 percent of processed orders in the quarter. Other notable metrics included a 53 percent increase in subscription revenue as more merchants joined the platform, as well as a 99 percent increase in gross merchandise volume (GMV) to $41.4 billion. Shopify’s record Q4 revenues rose 94 percent to $977.7 million, and also easily topped expectations of $910 million. That works out to $1.58 per share, and was comfortably ahead of the $1.25-per-share average estimate of 28 analysts who cover the stock. 31, earning $198.8 million versus $50 million in 2019. 17), but warned that the rate of growth triggered by the pandemic was not sustainable. Officially, the Ottawa-based eCommerce giant reported a four-fold increase in adjusted net income for the three months ending Dec. The Titanic was a violent shipwreck in its final minutes, although Charles Joughin was apparently too inebriated to notice.The eCommerce platform Shopify posted better-than-expected fourth-quarter results on Wednesday (Feb. A sketch made just after the disaster by a survivor. And yet, he remembered the violent, catastrophic breakup only as a “great list over to port.” “There was no great shock or anything,” he told the inquiry. The baker was standing on the stern when the ship broke in half. Parched, he then worked his way back to his pantry to get a drink of water. Joughin then splashed topside again, where he took it upon himself to begin throwing deck chairs overboard, with an eye to filling the water with impromptu floatation devices. Lord was in touch with Joughin just before the baker’s 1956 death. “He sat down on his bunk and nursed it along - aware but not particularly caring that the water now rippled through the cabin doorway,” wrote historian Walter Lord in A Night to Remember. This could very well have been one of the chairs thrown overboard by Joughin. This advertisement has not loaded yet, but your article continues below.Īrticle content A deck chair from the Titanic, recovered floating at the disaster site. However, Canadian hypothermia expert Gordon Giesbrecht figures that in the -2 C temperature of the North Atlantic, the water was cold enough to quickly tighten Joughin’s blood vessels and cancel out any effect of the alcohol. In a survival situation, having all that warm blood away from the vital organs means that the drinker is at greater risk of hypothermia. ![]() The warming sensation of a glass of brandy (and the telltale red cheeks that sometimes results) is caused by vasodilation, the phenomenon of warm blood rushing to the surface of the skin. ![]() To be sure, a good rule of thumb is that a drunk man will usually freeze to death faster than a sober man. And, according to the British Titanic inquiry, it was because the 33-year-old Englishman had the presence of mind to greet history’s greatest maritime disaster by getting smashed. It was an almost physiologically impossible feat of survival. Article content Contemporary etching of the British Titanic inquiry. ![]() Manage Print Subscription / Tax Receipt.(Reuters) -Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to “decelerate significantly,” sending the social media giant’s shares down about 5% in extended trading. The warning overshadowed the company’s beat on Wall Street estimates for quarterly revenue, bolstered by increased advertising spending as businesses build their digital presence to cater to consumers spending more time and money online.įacebook said it expects Apple’s recent update to its iOS operating system to impact its ability to target ads and therefore ad revenue in the third quarter. The iPhone maker’s privacy changes make it harder for apps to track users and restrict advertisers from accessing valuable data for targeting ads. The company also announced on Wednesday that it would require anyone working at its U.S. offices to be vaccinated against COVID-19. Monthly active users came in at 2.90 billion, up 7% from the same period last year but missing analyst expectations of 2.92 billion and marking the slowest growth rate in at least three years, according to IBES data from Refinitiv. “The user growth slowdown is notable and highlights the engagement challenges as the world opens up. ![]()
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