The United Kingdom's antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and ...
When Facebook confirmed that it had acquired Giphy last week for a cool $400 million, the reasons weren’t immediately apparent. Giphy has only the seeds of an advertising business, and GIFs aren’t a ...
The previously completed merger of social media giant Facebook and Giphy, the largest provider of GIFs, and meme sharing services, has run into a potential roadblock from the U.K.’s Competition and ...
Facebook parent Meta will sell the GIF-sharing search engine Giphy at more than a $260 million loss after U.S. antitrust regulators ordered the social media giant's attempt to divest the company.
The Competition and Markets Authority believe a tie-up would give Facebook too much power over the market. NurPhoto via Getty Images The UK antitrust watchdog has blocked Facebook’s acquisition of ...
Facebook is acquiring Giphy, one of the most popular GIF-sharing sites on the web, in a deal that’s reportedly valued at $400 million. In Facebook’s official announcement, the company reveals Giphy ...
Posts from this topic will be added to your daily email digest and your homepage feed. 15 months ago, Facebook said it was buying the popular GIF search engine Giphy for about $400 million. Now the ...
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