GoPro Posts Record Online Sales From Black Friday-Cyber Monday

GoPro  (GPRO) – Get Report shares rose on Thursday after the video-products company reported record online sales for the Black-Friday-to-Cyber-Monday period.

That pushed its subscriber count above 670,000, GoPro said. 

“GoPro.com performed as we expected, handily breaking sales records over the Black Friday-Cyber Monday period, thus ensuring we’ll finish the year with well over 700,000 subscribers,” Founder and Chief Executive Nicholas Woodman said in a statement.

GoPro ended the third quarter with 501,000 subscribers, up 35% sequentially and 65% from a year earlier.

“We are confident about our ability to exit 2020 with low channel inventory and a promising outlook for 2021,” Woodman said. 

GoPro also said this week that its camera sales have exceeded 40 million since the debut of its first high-definition model in 2009.

The company’s stock recently traded at $8.11, up 4.1%. It has surged 87% year to date. A month ago it touched

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After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. (Screenshot via webcast)

Kicking off the annual Amazon Web Services re:Invent conference this week, AWS CEO Andy Jassy pointed to a major milestone for the tech giant’s cloud division: AWS has officially surpassed $40 billion in annual revenue, and not at a leisurely pace. AWS added an incremental $10 billion in revenue in 12 months, faster than ever.

Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. But he sought to assure the virtual audience that AWS is not even close to its zenith, citing the 96% of the estimated $3.6 trillion in global IT spending that has yet to shift to the cloud.

“It means that there’s a lot of growth ahead of us,” he

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BlackBerry spikes record 65% after finalizing deal with Amazon for automotive data software

BlackBerry CEO NYSE
John Chen, CEO of BlackBerry, gives an interview following the opening of his company’s stock at the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2017.


  • BlackBerry surged as much as 65% on Tuesday after the company inked a multi-year deal with Amazon to develop and market its “Intelligent Vehicle Data Platform.”
  • The cloud software, called IVY, allows automakers to read vehicle sensor data and improve systems and performance, according to a press release.
  • The stock’s leap is its biggest one-day gain on record and placed shares at their highest level since April 2019.
  • Watch BlackBerry trade live here.

BlackBerry rocketed as much as 61% higher on Tuesday after inking a multi-year deal with Amazon to develop and market BlackBerry’s “Intelligent Vehicle Data Platform”.

The platform, named IVY, includes cloud-connected software that allows automakers to read vehicle sensor data and “create actionable insights from

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Small businesses who pivoted to e-commerce saw record sales during Black Friday weekend

Almost one-quarter of small businesses closed their doors during the pandemic — but for the few who survived, and pivoted to online sales, Black Friday weekend provided a much-needed boost.

Over the course of the holiday season so far, small retailers have seen an average 110 percent increase in online sales, according to Adobe Analytics.

“That was pretty heartening to see,” said Vivek Pandya, a senior digital insights manager with Adobe Analytics. “There has been a lot of demand and a lot of opportunity for retailers of all sizes to support shopping demand online.”

Small businesses have long made ends meet by offering unique in-store experiences. The pandemic changed that.

“Brick and mortar was our strength, and the website [used to be] just a marketing tool,” said Brian Miller, president of Geppetto’s, a San Diego, California-based toy store. “But when Covid-19 happened, we enhanced the website and improved it and

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Bitcoin is back, hitting record high price

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Bitcoin reached an all-time high price Monday, three years after its last spike.


Jordan Mansfield/Getty

Bitcoin reached a record high price on Monday, continuing a slow rise that began in the early stages of the pandemic. The cryptocurrency climbed to $19,850 on Monday, beating its previous high mark set in 2017, according to bitcoin index site CoinDesk.

It’s been a long road back to the high. After approaching $20,000 in December 2017, it experienced a crash that saw the value of one bitcoin plummet to just over $3,000 a year later. 

The previous spike of the decentralized currency, built by an anonymous developer (or group of developers) in 2008, was driven by Asian investors, but CoinDesk suggests the current run is built on institutional investors in North America. 

Square, the payments provider founded by Twitter’s Jack Dorsey, announced it had invested $50 million in Bitcoin in October. “We believe that

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Shopify Posts Record Black Friday Sales of $2.4 Billion

Online-shopping host Shopify  (SHOP) – Get Report posted record Black Friday global sales of $2.4 billion as concern about the coronavirus pandemic had vast numbers of consumers choosing e-commerce over brick-and-mortar shopping.

Shares of the Ottawa commerce platform at last check rose 1% to $1,045.12.

The company said that from the start of Black Friday in New Zealand through the end of Black Friday in California, Shopify-powered businesses saw a 75% increase in sales from Black Friday in 2019.

New York, London, and Los Angeles were the top-selling cities worldwide on Black Friday, Shopify said. Top-selling countries included the U.S., U.K., and Canada.

By 8 a.m. Monday U.S. Eastern, merchants on Shopify collectively had crossed $1 billion in sales.

Top product categories globally during Black Friday were apparel and accessories, followed by health and beauty and home and garden.

Sales on Black Friday were made two-thirds (67%)

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Guggenheim says it could invest up to $530 million in a bitcoin trust as the cryptocurrency flirts with new record highs



a close up of electronics: REUTERS/Stephen Lam


© REUTERS/Stephen Lam
REUTERS/Stephen Lam

  • Guggenheim Partners revealed in a Friday regulatory filing that its Macro Opportunities Fund holds the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust.
  • The trust solely invests in bitcoin, and a 10% bet from Guggenheim’s fund equates to roughly $530 million.
  • The filing comes as bitcoin climbs back above $19,000 after tumbling through the Thanksgiving holiday. Though the token has more than doubled through the year, it still trades below its 2017 record of $19,783.06.
  • Watch bitcoin trade live here.

Guggenheim Partners is the latest Wall Street firm to show interest in bitcoin, and a Friday regulatory filing signals the firm could make a massive investment in the soaring cryptocurrency.

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Guggenheim revealed its Macro Opportunities Fund holds the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust, according to a

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Dubai-based art teacher enters record books for creating &lsquo unique design concept using punctuations’

(MENAFN – Khaleej Times) Veena Devagiri has a knack for turning the most ordinary things into something extraordinary and this has enabled her to enter the India Book of Records for creating ‘unique design concepts using punctuations’.

An art teacher by profession, who is now taking a sabbatical, uses simple techniques with protruding punctuation marks like a simple comma, question marks, brackets and semicolons to create various symmetrical and asymmetrical designs.

These innocuous elements of the English lexicon have rendered a detailed landscape of flora and fauna, delineating a careful assemblage of punctuations onto a canvas.

The work that has set a world record measures 3X2.5 meters on canvas with shades of blue monochrome using acrylic colours.

Veena, who has been an art teacher for the past 19 years, avers her work is a tribute to mother nature. She says, ‘when I created this artwork everyone around me motivated me

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LEE BOYCE on how Britain recorded a new record day for internet usage thanks to our ballooning streaming habits



a building with a green light: MailOnline logo


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Last weekend marked a virtual Super Saturday: there was a record 24 hours for internet usage in the UK.

From 10.35am on Saturday 21 November to the same time the next day, TalkTalk customers used 41.2million gigabytes of data, driven largely by streaming, which has now spread across most multimedia platforms.

Not so long ago we would largely watch terrestrial television, buy physical copies of films we wanted to see or go to the cinema, and snap-up CDs or vinyl for our music fix. It’s worked wonders for decluttering homes.



Gaming 2020: New consoles, including the Xbox Series X, have resulted in a spike of internet usage


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Gaming 2020: New consoles, including the Xbox Series X, have resulted in a spike of internet usage

But the other huge factor behind this surge in internet usage, according to TalkTalk – one of Britain’s biggest telecoms providers – has been the launch of four new

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How Britain recorded a record day for internet use last Saturday



a building with a green light: MailOnline logo


© Provided by This Is Money
MailOnline logo

Last weekend marked a virtual Super Saturday. There was a record 24 hours for internet usage.

From 10.35am on Saturday 21 November and until the same time the next day, TalkTalk customers used 41.2million gigabytes of data, driven largely by our new streaming habits, which has now spread across most multimedia platforms.

Whereas once upon a time not so long ago we would largely watch terrestrial television, buy physical copies of films we wanted to see or go to the cinema, and snap-up CDs or vinyl for our music fix, many now simply stream it. 

It’s worked wonders for decluttering homes.



Gaming 2020: New consoles, including the Xbox Series X, have resulted in a spike of internet usage


© Provided by This Is Money
Gaming 2020: New consoles, including the Xbox Series X, have resulted in a spike of internet usage

But the other huge factor behind this surge in internet usage, according to TalkTalk – one of Britain’s

Read More