All the updated news related to giphy

All the news related to giphy updated in real time

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Meta ordered to sell Giphy as UK competition watchdog confirms decision

The UK’s competition watchdog has reissued an order to Facebook’s parent firm Meta to sell Giphy. The Competition and Markets Authority (CMA) first ordered the reverse of the 400 million dollar (£353.6 million) acquisition last year over fears it ...

18 Oct 2022 at 15:03

Tribunal backs competition watchdog over Facebook’s Giphy takeover

A tribunal in London has decided against Facebook owner Meta as it challenged a ruling by the competition watchdog to block its purchase of Giphy. The Competition Appeal Tribunal unanimously dismissed all but one of Meta’s seven challenges to ...

14 Jun 2022 at 19:12

World

Meta sells Giphy to Shutterstock for £46m after UK blocked GIF platform purchase

Shutterstock has said it is buying Giphy from Meta Platforms for 53 million dollars (£46 million), the final step to unwind a deal blocked by British regulators over competition concerns. The stock image service said it is paying cash for ...

23 May 2023 at 18:30

Meta fined for second time by watchdog for enforcement order breaches

Facebook’s parent company Meta has been fined for a second time by the Competition and Markets Authority (CMA) for breaching an initial enforcement order from the watchdog. The CMA said it had fined Meta £1.5 million after it failed to ...

04 Feb 2022 at 11:55

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