A former minister in the government of Barbados has been criminally charged in the United States with laundering bribes he received from a Barbadian insurance company, federal prosecutors said on Monday.
Twilio today reported a positive quarter that brought it to profitability — on an adjusted basis — ahead of schedule for Wall Street, sending the stock soaring 16 percent in extended hours after the release came out.
While according to traditional accounting principles Twilio still lost money (this usually includes stock-based compensation, a key component of compensation packages), the company is still showing that it has the capability of being profitable. Born as a go-to tool for startups and larger companies to handle their text- and telephone-related operations, Twilio was among a wave of IPOs in 2016 that has more or less continued into this year. The company’s stock has more than doubled in the past year, and is up nearly 170 percent this year alone. Twilio also brought in revenue ahead of Wall Street expectations.
Still, as a services business, Twilio has to show that it can continue to scale its business while absorbing the cost of the infrastructure required and acquire new customers. It also has to ensure that those customers aren’t leaving, or at least that it’s bringing on enough new developers more quickly than they are leaving. Larger enterprises, as a result, can be more attractive because they’re more predictable and can lead to bigger buckets of revenue for the company — and, well, most larger companies still need communications support in some way still today.
On an adjusted basis, Twilio said it earned 3 cents per share, ahead of the loss of 5 cents that analysts were expecting. It said it brought in $147.8 million in revenue compared to $131.1 million analysts were expecting, so it’s a beat on both lines, and more importantly shows that Twilio may be able to morph its toolkit into a mainline business that can end up as the backbone of any company’s communication with their customers or users.
During the 1840s, an apparently unremarkable star began to brighten. Over the course of roughly a decade, it became one of the brightest stars visible from Earth. Often, brightening like that means a supernova has destroyed the star, but η Carinae (or Eta Carinae) was still there when it was all over, and it underwent a number of smaller events over the ensuing century and a half.
Modern astronomy hardware has revealed that the resemblance to a supernova goes deeper than these early observations. Imaging of the complex nebula that surrounds η Carinae has revealed that a giant star had ejected roughly 10 times the Sun’s mass worth of material into its surroundings during what’s now known as the Great Eruption. Imaging also revealed that the system is a binary, containing a second enormous star in an eccentric orbit around the first.
We can’t go back in time to observe the Great Eruption with modern instruments. But a team of researchers has been tracking its progress using echoes of light reflected off some dust that was more than 100 light years away from the star. The echoes reveal some material moving at a phenomenal speed—roughly 20,000 kilometers a second. That, combined with other unusual features of the system, led them to propose that there used to be three stars in η Carinae, and the outburst was the result of two of them merging.
With the new Premier League season just days away, we look at some of the trends that might emerge and attempt to bust a few myths.
For decades, there’s been a barrier between vehicle owners and what’s going on under their hoods. As cars become smarter, they produce more and more data that can help break down that barrier – but only if drivers can access the necessary information.