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A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City

Snap's earnings may hold positive news for Meta, Google

Snap Inc blamed a poor economy and increased competition for its ho-hum quarterly earnings, but a rise in the key ad metric could mean good news for Facebook owner Meta Platforms and Alphabet, analysts said on Wednesday.
Alphabet and Google CEO Sundar Pichai announced about 12,000 job cuts globally, as his company became the latest US tech giant to enact large-scale restructuring

Google announces 12,000 job cuts

Google's parent company Alphabet announced about 12,000 job cuts globally on Friday citing a changing "economic reality", becoming the latest US tech giant to enact large-scale restructuring.