Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content
Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.
EU regulators approve Microsoft's $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals' access to Call of Duty and other games
but the saga is ‘unlikely to end soon’ Sofia Wyciślik-Wilson / BetaNews : EU approves Microsoft's multi-billion-dollar Activision Blizzard acquisition despite UK and US opposition Arjun Kharpal / CNBC...
Meta confirms it will divest itself of Giphy globally after UK's CMA gives a final order to sell the company, following a court-ordered reassessment in July
Bye-bye: Meta has again been ordered by the UK's competition watchdog to sell animated GIF platform, Giphy. And this time it's final.
A UK judge quashes the CMA's order that Meta must sell Giphy and refers the case back to the agency; CMA says it aims to complete the review within three months
Meta Platforms Inc.'s purchase of GIF search engine Giphy will be sent back to the UK antitrust regulator for a further review …
Reddit partners with Giphy to bring GIF comments to new subreddits and existing subreddits if moderators opt in to the feature
Subreddit moderators can opt in to the new GIF library — Reddit is joining the GIF party with its new partnership with Giphy, a massive online hub where internet users upload and share GIFs.
TikTok partners with Giphy to launch TikTok Library, an in-app creator tool
TikTok today is announcing a new in-app creation tool called TikTok Library, which the company hopes will make it easier for creators to access entertainment content and participate in trends.
The UK's CMA fines Meta £1.5M during its Giphy probe for breaching its merger investigation rules by failing to inform the CMA of three “key” US staff leaving
Meta Inc. was fined 1.5 million pounds ($2 million) from the U.K.'s competition regulator for breaching …
UK's CMA orders Meta to sell Giphy, after finding the deal could harm rival platforms by denying access to GIFs, social media users, and UK advertisers
After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent … Source: GOV.UK .
UK's CMA says Meta must sell Giphy, after finding the deal could harm social media users, rival platforms by denying access to GIFs, and UK advertisers
After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent … Source: GOV.UK .
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy in the coming days
Move would be the first time the competition watchdog has reversed a Big Tech acquisition — The UK competition regulator is expected to block Meta's acquisition of online gif platform Giphy …