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Abu Dhabi’s global tech ecosystem Hub71 has announced an alliance with LegalTech startup Clara, which provides automated legal services for startups. Clara’s innovative digital platform will be available to Hub71-based startups, facilitating the complex legal processes involved in setting up,

Snapchat’s shares plunged after it missed revenue expectations and warned it faces incredibly challenging conditions. As a result of disruptions in the supply chain, advertisers are cutting spending. After-hours trade in New York saw Snap shares plunge more than 25%.