Enlarge (credit: Daniel Grizelj | Getty Images) Instagram? Sure! WhatsApp? Go nuts. But don’t mess with GIFs. That’s the strange position taken by Britain’s competition watchdog in choosing to block Meta’s takeover of GIF repository Giphy. Meta, the UK’s Competition and Markets Authority (CMA) ruled, must now sell all the GIFs—just 19 months after it […]
The Theranos founder wishes she’d done things differently, but largely side-steps responsibility. Read More
Enlarge (credit: Getty Images | Anadolu Agency ) The UK’s Competition and Markets Authority (CMA) today ordered Facebook owner Meta to sell Giphy, saying the merger “would reduce competition between social media platforms and that the deal has already removed Giphy as a potential challenger in the display advertising market. ” Facebook bought Giphy in […]
Twitter’s CEO exits stage left, this time at peace with the decision. Read More
Enlarge / The CMA said Facebook could deny other platforms access to GIFs because of the tie-up. (credit: Anadolu Agency | Getty Images) The UK competition regulator has called for Facebook to sell online image platform Giphy, which it bought for $400 million last year, after provisionally finding competition concerns following an in-depth investigation. The […]