Giphy
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Meta Sells Giphy to Shutterstock for $53 Million to Comply With UK Regulator Order
Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.
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Meta Accepts CMA Order to Sell Giphy After Losing Appeal in UK Antitrust Battle
Meta on Tuesday said it would accept the UK's Competition and Markets Authority (CMA) order to sell Giphy in its entirety, expressing disappointment after it lost an appeal in the UK. Giphy is a platform and search engine for "stickers" and other products using the graphics interchange format, or GIFs. The watchdog argued the deal would limit cho...
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Facebook Owner Meta-Giphy Deal Block Quashed by UK Tribunal, Asks Regulator to Reconsider Filing
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. Recently, the US tech giant partially won an appeal against the regulator.
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Facebook Updates Its Policy to Take Down Fake Reviews Aimed At Duping Business Pages
Facebook is cracking down on user reviews to prevent people from leaving fake feedback on business pages. The company has updated its Community Feedback policy to address this widespread issue. Last year, Facebook removed 16,000 groups that were selling and buying fake reviews of various products and services.
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Meta Opposes UK Regulator CMA’s Order to Sell Giphy, Accuses It of Withholding Information
Facebook owner Meta started its appeal on Monday against Britain's ruling that it must sell Giphy, arguing the fact that rival Snap offered far less to buy the animated-images provider undermined the rationale used to block the deal.
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Facebook-Owner Meta Says It Will Pay $2 Million in New UK Fine
Facebook parent company Meta has agreed to pay a fine of 1.5 million pounds ($2 million) levied on it by UK’s competition regulator over fresh issues regarding its purchase of Giphy.
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Facebook-Owner Meta Sets Out Grounds for UK Appeal on Giphy Sale
Facebook-owner Meta has applied to appeal a British competition watchdog ruling that it must sell Giphy on grounds that include challenging the finding that the deal removed a potential competitor in display advertising.
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Facebook Parent Meta Appeals UK Ruling That It Must Sell Giphy
Facebook-owner Meta is appealing Britain's ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat to its rivals or could impact competition in display advertising.
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Facebook Owner Meta Asked by UK Competition Watchdog to Sell Giphy
Facebook owner Meta has been asked by UK’s Competition and Markets Authority (CMA) to sell Giphy to improve competition between social media platforms and in display advertising.
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Facebook Fined Over GBP 50 Million by British Regulator for Breaching Order in Giphy Deal
Britain's competition regulator has fined Facebook GBP 50.5 million (roughly Rs. 520 crores) for breaching an order imposed during its investigation into the US social media giant's purchase of GIF platform Giphy, the agency said.
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Facebook Questions British Watchdog's Authority to Order Giphy Sale
Facebook has made a case for not selling Giphy in a strongly worded response to Britain's competition regulator, and the tech firm questioned the watchdog's call for divesting the GIF website over access and anti-competitive concerns.
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Facebook Paid $400 Million For A Firm It May Now Be Forced To Sell
Facebook bought Giphy, a website for making and sharing animated images, or GIFs, in May 2020 to integrate it with its photo-sharing app, Instagram.
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Facebook-Giphy Deal Faces Probe From UK Competition Watchdog
UK's competition watchdog launched its initial investigation into Facebook's completed acquisition of GIF website Giphy, at a time when the social media network is under global regulatory scrutiny over antitrust concerns.
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Facebook's Giphy Deal Draws UK Competition Watchdog's Attention
Facebook's acquisition of popular GIF website Giphy is being scrutinised by the United Kingdom's competition watchdog for possibly reducing competition.
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Facebook Buys Giphy to Integrate GIF Website With Instagram
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday.
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Meta Sells Giphy to Shutterstock for $53 Million to Comply With UK Regulator Order
Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.
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Meta Accepts CMA Order to Sell Giphy After Losing Appeal in UK Antitrust Battle
Meta on Tuesday said it would accept the UK's Competition and Markets Authority (CMA) order to sell Giphy in its entirety, expressing disappointment after it lost an appeal in the UK. Giphy is a platform and search engine for "stickers" and other products using the graphics interchange format, or GIFs. The watchdog argued the deal would limit cho...
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Facebook Owner Meta-Giphy Deal Block Quashed by UK Tribunal, Asks Regulator to Reconsider Filing
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. Recently, the US tech giant partially won an appeal against the regulator.
-
Facebook Updates Its Policy to Take Down Fake Reviews Aimed At Duping Business Pages
Facebook is cracking down on user reviews to prevent people from leaving fake feedback on business pages. The company has updated its Community Feedback policy to address this widespread issue. Last year, Facebook removed 16,000 groups that were selling and buying fake reviews of various products and services.
-
Meta Opposes UK Regulator CMA’s Order to Sell Giphy, Accuses It of Withholding Information
Facebook owner Meta started its appeal on Monday against Britain's ruling that it must sell Giphy, arguing the fact that rival Snap offered far less to buy the animated-images provider undermined the rationale used to block the deal.
-
Facebook-Owner Meta Says It Will Pay $2 Million in New UK Fine
Facebook parent company Meta has agreed to pay a fine of 1.5 million pounds ($2 million) levied on it by UK’s competition regulator over fresh issues regarding its purchase of Giphy.
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Facebook-Owner Meta Sets Out Grounds for UK Appeal on Giphy Sale
Facebook-owner Meta has applied to appeal a British competition watchdog ruling that it must sell Giphy on grounds that include challenging the finding that the deal removed a potential competitor in display advertising.
-
Facebook Parent Meta Appeals UK Ruling That It Must Sell Giphy
Facebook-owner Meta is appealing Britain's ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat to its rivals or could impact competition in display advertising.
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Facebook Owner Meta Asked by UK Competition Watchdog to Sell Giphy
Facebook owner Meta has been asked by UK’s Competition and Markets Authority (CMA) to sell Giphy to improve competition between social media platforms and in display advertising.
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Facebook Fined Over GBP 50 Million by British Regulator for Breaching Order in Giphy Deal
Britain's competition regulator has fined Facebook GBP 50.5 million (roughly Rs. 520 crores) for breaching an order imposed during its investigation into the US social media giant's purchase of GIF platform Giphy, the agency said.
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Facebook Questions British Watchdog's Authority to Order Giphy Sale
Facebook has made a case for not selling Giphy in a strongly worded response to Britain's competition regulator, and the tech firm questioned the watchdog's call for divesting the GIF website over access and anti-competitive concerns.
-
Facebook Paid $400 Million For A Firm It May Now Be Forced To Sell
Facebook bought Giphy, a website for making and sharing animated images, or GIFs, in May 2020 to integrate it with its photo-sharing app, Instagram.
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Facebook-Giphy Deal Faces Probe From UK Competition Watchdog
UK's competition watchdog launched its initial investigation into Facebook's completed acquisition of GIF website Giphy, at a time when the social media network is under global regulatory scrutiny over antitrust concerns.
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Facebook's Giphy Deal Draws UK Competition Watchdog's Attention
Facebook's acquisition of popular GIF website Giphy is being scrutinised by the United Kingdom's competition watchdog for possibly reducing competition.
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Facebook Buys Giphy to Integrate GIF Website With Instagram
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday.
