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Birkenstock plans to step into stock market: reports
Birkenstock plans to step into stock market: reports
Business and Economy
by  AFP

The owners of Birkenstock are planning an initial public offering as soon as September that could value the German sandal maker at more than $8 billion, reports said Tuesday. Birkenstock and L Catterton declined to comment when contacted by AFP about the plans for the IPO, which were also reported in the Financial Times.

Meta to ask EU users' consent to share data for targeted ads
Meta to ask EU users' consent to share data for targeted ads
Business and Economy
by  AFP

Social media giant Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook, bowing to pressure from European regulators. European regulators in January had dismissed the previous legal basis -- "legitimate interest" -- Meta had used to justify gathering users' personal data for targeted advertising.