Halloween, celebrated on 31 October, marks the start of Hallowmas. Originating from the Celtic festival of Samhain, it ...

Shutterstock (NYSE:SSTK) on Tuesday agreed to acquire Giphy from Facebook parent Meta Platforms (NASDAQ:META) for $53 million in net cash. The deal ends a legal dispute that pushed the social media ...

Shutterstock SSTK0.28%increase; green up pointing triangle on Tuesday said it agreed to buy Giphy from Facebook parent Meta Platforms META 0.03%increase; green up pointing triangle for $53 million in ...

In late 2021, we reported that the United Kingdom may force Facebook to sell its GIF platform, Giphy. Facebook, which we will refer to as Meta, purchased Giphy for 400 million dollars. Just under two ...

Meta, formerly known as Facebook, hit a major snap with United Kingdom authorities earlier this year when it was told to sell off its $400 million acquisition of the Giphy .GIF search engine. It ...

At the time of Facebook/Meta’s acquisition of Giphy, the company was already facing multiple anti-trust probes, including from U.S. regulators. Here, Mark Zuckerberg testifies before Congress ...

Will Meta “GIF Up” GIPHY? Facebook parent company Meta is in the hot seat again. The Competition and Markets Authority (CMA), the UK’s competition watchdog, has called on Meta to offload Giphy, the ...

The UK competition watchdog has directed Facebook, which was recently renamed to Meta, to sell Giphy, after concluding that the social media conglomerate's acquisition of the GIF giant would reduce ...

LONDON, Nov 30 (Reuters) - Facebook owner Meta (FB.O), opens new tab has been told by the UK competition watchdog to sell popular animated images platform Giphy in Britain's first such move against so ...

Britain’s antitrust watchdog ordered Facebook parent Meta Platforms Inc. to sell Giphy, the first time a global regulator has forced a Big Tech firm to unwind a completed deal. A turnaround after ...

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 ...