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Bad news for Big Tech

New EU rules, US listing requirements and Internet fragmentation will dent the platforms' business models.

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Meta recently announced its first sales drop, while Amazon, Netflix and others have cut back on hiring.

PHOTO ILLUSTRATION: UNSPLASH

Rana Foroohar

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(FINANCIAL TIMES) - Much has been written about whether Big Tech has peaked.
Meta recently announced its first sales drop, amid a fall in online advertising. Amazon, Netflix and others have cut back on hiring.
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