UK orders Meta to sell Giphy, and it’s final

Back in 2020, Facebook (now Meta) bought Giphy, by which it became one of several mainstream platforms under its wing. But UK’s watchdog says enough. Competition and Markets Authority (CMA) has ordered Meta to sell the animated GIF platform – and the order is final. The reason behind the ruling is that Meta’s purchase of […] The post UK orders Meta to sell Giphy, and it’s final appeared first on DIY Photography.

UK orders Meta to sell Giphy, and it’s final

Back in 2020, Facebook (now Meta) bought Giphy, by which it became one of several mainstream platforms under its wing. But UK’s watchdog says enough. Competition and Markets Authority (CMA) has ordered Meta to sell the animated GIF platform – and the order is final. The reason behind the ruling is that Meta’s purchase of […]

The post UK orders Meta to sell Giphy, and it’s final appeared first on DIY Photography.