Giphy

Meta Platforms, Facebook's owner, has agreed to sell Giphy to Shutterstock for $53m (£42m), just three years after reportedly paying $400m for the animated images supplier.The deal was announced eight months after Meta agreed…

Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million in cash, months after the Facebook owner had agreed to divest the company on competition concerns.Britain's competition…

A UK competition regulator on Tuesday re-issued its order for Facebook owner Meta to sell animated graphics startup Giphy in a final decision after a failed appeal.The Competition and Markets Authority (CMA) said in a statement that Giphy…

Last Updated: October 18, 2022, 18:01 ISTMeta decides against buying GiphyBritain's competition regulator ordered Facebook-owner Meta to sell animated images platform Giphy on Tuesday.LONDON:Britain's competition regulator ordered…

Facebook and Instagram parent company Meta says it will accept a ruling by the UK competition watchdog to divest itself of social media GIF library Giphy. A spokesperson for Meta, Matthew Pollard, told The Verge: “We are disappointed by the…

Meta, the owner of Facebook and Instagram, has been ordered by the UK competition regulator to sell the GIF library Giphy.The Competition and Markets Authority (CMA) said the ruling was a "final decision". The move followed a…

Britain's competition regulator said on Monday it would carry out another review of Facebook owner Meta's acquisition of Giphy after a tribunal quashed its original decision to block it.Britain's Competition and Markets Authority (CMA) last…

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There’s been another twist in the saga of Meta’s attempt to buy GIF-sharing service Giphy, Bloomberg reports. Judges with the Competition Appeal Tribunal have told the UK’s competition regulator, the Competition and Markets Authority…

Steve Wilhite, the man who spawned millions of memes via his invention in 1987 of the humble GIF, is dead.  Steve Wilhite, the man who spawned millions of memes via his…