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Business•OCT 24, 2024

Meta’s Q3 Ad Revenue Surges 19% Amid Strong Ad Market and Pricing Gains

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, reported a robust 19% year-over-year increase in advertising revenue for the third quarter of 2024, reaching $39.9 billion. This marks one of the company's strongest performances in recent quarters, signaling resilience in its core business despite ongoing regulatory challenges and increasing competition from emerging social media platforms.

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Tech•OCT 24, 2024

Arm's Strategic Foray Into AI Chips Challenges Industry Titans

UK-based semiconductor company Arm has announced its entry into the artificial intelligence (AI) chip market, aiming to leverage its dominance in smartphone chip designs to compete with established players like Nvidia. This move signals a significant shift in the AI hardware landscape, potentially reshaping industry dynamics.

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