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Meta Cable Expansion Stalled by Iran Conflict

Meta Cable Expansion Stalled by Iran Conflict

Meta has paused its major internet cable expansion efforts in Africa due to the Iran conflict, impacting AI investments in the Middle East. Adobe CEO Shantanu Narayen will resign amid skepticism over the company's AI competitiveness. S&P Dow Jones Indices considers rule changes to fast-track SpaceX's index entry post-IPO.

Bloomberg TechnologyMediaMar 13#geopolitics#subsea-cables#ai-investments