Meta purchased Giphy in 2020, in a deal reportedly worth 400 million dollars (£322 million). The UK’s Competition and Markets Authority opened an antitrust investigation over concerns it would ...
The CMA had noted that UK users look for 1 billion GIFs a month on Giphy, and 73% of the time they spend on social media was on Meta's Facebook, Instagram and WhatsApp. Meta appealed the ruling ...
(Reuters) - The UK competition regulator is expected to block Meta's acquisition of online GIF platform Giphy in the upcoming days in an escalation of the watchdog's assault on Big Tech ...
LONDON (Reuters) -Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country's Competition Appeal Tribunal (CAT) endorsed the ...
The British regulator has blocked the acquisition of Giphy and has now advised the social media giant to sell the company. The United Kingdom’s Competition and Markets Authority has told Meta ...
Meta, the parent company of Facebook, sold the GIF-sharing platform Giphy to Shutterstock for $53 million, a fraction of the $400 million that the company reportedly paid for it in 2020.
The UK Competition and Markets Authority’s (CMA) recent unfortunate decisions to block both Microsoft’s acquisition of Activision Blizzard and Meta’s takeover of Giphy spring to mind as ...
Meta, Apple and Alphabet are accused of “falling short of compliance” with the EU's newly implemented Digital Markets Act ...
The fact that Meta has taken this measure in this market is therefore significant for what it tells us about the company’s broader position on news. This includes how effective the UK’s new ...
A new app billed as a rival to Twitter has been launched. Threads, created by Facebook and Instagram owners Meta, went live in the UK at midnight on Thursday. It is linked to Instagram but allows ...
BBC Maestro, PLAYvirtuoso, Thinkific Labs Inc. and Skillshare. They offer content in four main categories: making music, ...
Meta Platforms owns three of the four biggest social media platforms on the planet. The company also has a technology research arm focused on immersive experiences. While Meta has made many ...