Meta Platforms, Inc. has reported impressive second-quarter financial results that have pleased investors, with a net profit increase driven by robust advertising performance and significant investments in artificial intelligence. Meanwhile, Fibercop is set to invest heavily in enhancing Italy's fiber optic network, reflecting a broader trend of technological advancement and infrastructure development in the digital space.
Business
United States / Italy
Meta's $13.5 Billion Profit Surge and Fibercop's €1.4 Billion Fiber Investment Signal Tech Growth
2024-07-31T21:41:08.991Z
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Meta Platforms reports a staggering $13.5 billion profit increase, fueled by advertising and AI investments. Meanwhile, Fibercop announces a significant €1.4 billion investment to enhance Italy's fiber optic network, highlighting the ongoing technological evolution.
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