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Feb 18
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WATCH
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Julia Boorstin
Senior Media & Tech Correspondent
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"YouTube, TikTok and Snap were named in this case, but they have settled now." By settling, Google (YouTube) and Snap have removed the immediate volatility of a jury verdict and the negative PR of a CEO cross-examination. However, if Meta loses on the "product design" argument, the legal precedent will eventually apply to the entire sector, reintroducing risk to these names later. WATCH. They are relatively safer than Meta in the immediate term (having settled), but the sector's regulatory moat is being tested. Settlement terms (undisclosed) impact margins; a Meta loss triggers sector-wide sell-off regardless of individual settlements. |
CNBC
Mark Zuckerberg to testify in high profile so...
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Feb 18
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N/A
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Finnhub News
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Finnhub - SNAP
Snap: MAU Growth Creates Upside Catalyst
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Feb 17
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$4.73
$4.88
+3.2%
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N/A
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Finnhub News
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Finnhub - SNAP
'Snap To Launch Creator Subscriptions In Push...
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