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Meta Platforms, the US company that operates the social networks Facebook and Instagram, is facing an advertising ban in the EU. This is due to its specific form, so-called targeted advertising. The ban on targeted advertising, which targets users by collecting their personal data, is more than a complication for Meta. The US company has long resisted efforts to restrict the practice, mainly because advertising on its social networks is its main source of revenue.
We are witnessing more and more cooperations between companies, which are trying to combine two strong parts into one. And Snapchat’s partnership with Amazon is no exclusion. For that reason, we have decided to check Snap and provide you with the latest information and outlook about this social media giant.
Chipmakers Intel and Qualcomm recently won a contract from the National Security Technology Accelerator (NSTXL) to develop and manufacture chips for the U.S. military.
Microsoft's third-quarter revenue was $52.9 billion, up 10% in constant currency. The company's shareholders also came into their own as Microsoft regularly pays dividends to stockholders. Earnings per share for the third quarter came in at $2.45, up 14% in constant currency. Replicating the turnaround, the Redmond, Washington state-based tech giant's quarter-on-quarter net income rose 9% to $18.3 billion from $16.73 billion.
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