Bots on major social media platforms have been hyping up GameStop Corp and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven.
February 27, 2021
In the second quarter of 2020, as the Covid-19 pandemic kicked off in earnest and personal protective equipment grew scarce, face masks accounted for a whopping 14% of gross merchandise sales (GMS) on handmade-goods platform Etsy. By the third quarter, masks would account for 11% of GMS, and by the fourth quarter that would fall to 4% but by then millions of one-time mask buyers had already become Etsy return visitors.
On Thursday, Etsy reported fourth-quarter earnings that blew past analyst expectations, including a 129% year-over-year increase in revenue (which hit $617 million) and a 375% year-over-year increase in net income ($148.5 million). For all of 2020, Etsy’s profit more than doubled, and GMS grew by 106%. The company also said that nearly half of the 3 million customers who only bought masks on the site in the third quarter came back to Etsy in the fourth quarter to buy other items. CFO Rachel Glaser called it “a great signal” for the company’s
WINNIPEG A memorial ride was held on Friday for William Walter Ahmo, an inmate at the Headingley Correctional Institution who died following an incident with corrections officers. “We’re here today to honour William Ahmo and the family,” said Sagkeeng First Nation Chief Derrick Henderson. CTV News Winnipeg previously reported that on Feb. 7, RCMP received a report of a 45-year-old inmate at Headingley who was unresponsive as a result of an incident with corrections officer. Ahmo died on Feb. 14. RCMP are investigating the incident, and have not revealed the nature of the incident. The memorial ride for Ahmo, who was a member of Sagkeeng, took place on Friday, Feb. 26 Aboriginal Justice Awareness Day.
All the retail names confirmed so far for huge Midlands designer shopping village
More than 40 stores have been announced for the £160 million complex
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