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‘The Lord of the Rings’ director sells his visual effects studio for $1.6 billion

By Diksha Madhok, CNN Business “The Lord of the Rings” director Peter Jackson is selling most of his visual effects studio Weta Digital to Unity, which makes development software for video games, for $1.6 billion. The cash-and-stock deal will see the American platform acquire Weta Digital’s “tools, pipeline, technology, and engineering talent,” the companies said

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Facebook-parent Meta will remove the ability to target ads based on sensitive categories

By Clare Duffy, CNN Business Meta, the company formerly known as Facebook, said Tuesday it plans to limit advertisers’ ability to target users based on certain sensitive categories. Starting next year, it will remove thousands of “Detailed Targeting” keywords to target ads to specific users in categories such as health, race or ethnicity, political affiliation,

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Comcast Xfinity internet outage hits customers across the US

By Clare Duffy, CNN Business If your Tuesday morning started out with internet connectivity problems, it’s not just you. Comcast customers in various areas across the United States, including parts of New Jersey, Pennsylvania and Illinois, reported outages early Tuesday with their Xfinity internet service. Outage tracking service Downdetector recorded more than 52,000 outage reports

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Hackers have breached organizations in defense and other sensitive sectors, security firm says

By Sean Lyngaas, CNN Suspected foreign hackers have breached nine organizations in the defense, energy, health care, technology and education sectors — and at least one of those organizations is in the US, according to findings that security firm Palo Alto Networks shared exclusively with CNN. With the help of the National Security Agency, cybersecurity

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