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EU Delivers Another Blow To Meta

The market continues to pummelMeta ($META), with the most recent hit coming from the European Union (EU). Regulators in the EU, citing EU privacy laws, have allegedly ruled that users don’t have to agree to personalized ads based on their activity. 📝

A public ruling hasn’t been published yet, but the market is trading down based on its potential impact. That’s because analysts and investors fear the EU may create more roadblocks in Meta’s ability to use targeted ads, which are a key part of its business.  

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