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Pinterest Gets Google's Help In An Amazon-Like Partnership As It Continues To Try To Make Monetization Happen

Unlike Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) and Amazon.com Inc (NASDAQ: AMZN), Pinterest Inc (NYSE: PINS) and Snap Inc (NYSE: SNAP) did not experience double digit growth of their ad business. Snap reported its fourth quarter sales grew 5% and it issued a weak guidance. On Wednesday, Snap shares tanked 35% as Meta set the bar high with its advertising revenue up 24%, more than double compared to Google and its 11% growth. Not to mention the fact that Amazon repor
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Source: yahoo.com

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Layoffs: Is AI coming for white-collar jobs? Coders and analysts should worry

Studies are finding AI tools improving productivity significantly for coders, analysists and customer support agents. IMF last month warned that jobs in advanced economies were especially exposed to AI and the risk of reduced labour demand, lower wages and reduced hiring. Some jobs might simply disappear
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Pinterest Follows Snap in Posting Disappointing Holiday Revenue

(Bloomberg) -- Pinterest Inc. slid in late trading after fourth-quarter revenue missed analysts’ estimates, following social media peer Snap Inc. in suffering from sluggish sales. Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimBonds Fall After $25 Billion Sale as Stocks Churn: Markets WrapEinhorn Says Markets...
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Source: yahoo.com

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