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Snap Inc’s profit warning sparked a sector-wide selloff on Tuesday, signaling tough times ahead for the once-booming digital ad industry. The social media company lost about $15.00 billion in market
MicroMicrosoft Corporation announced to revise its licensing deals, making it easier for cloud service providers to enter the market. The move came as the American software giant sought to avoid
Netflix Inc. announced on Tuesday that it would lay off 150 staff as the firm contends with slower revenue growth. Accordingly, the eliminated positions represented about 2% of the streamer’s
On Wednesday, Walt Disney Company relieved worries after reporting higher-than-expected streaming subscriber growth, steering away from Netflix Inc’s fate last month. The streaming service picked up 7.90 million new customers
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