Skip to main content
Category

Giphy

Giphy

UK regulator ‘broke international law’, says Facebook

Facebook claimed in court today that Britain's Competition and Markets Authority (CMA) broke international law when it blocked the ad company's $400m buyout of Giphy. Facebook tried to acquire the animated images provider in May 2020 for $400m. The UK competition body, the CMA, stepped in last year to block…
bubmag
February 15, 2022
Giphy

Austrian Antitrust Court Gives Green Light to Facebook’s Giphy Deal

Facebook's logo on a smartphone screen in Moscow, Russia, on Oct. 12, 2021. (Kirill Kudryavtsev/AFP via Getty Images) VIENNA—An antitrust court in Austria on Monday approved with conditions Facebook’s purchase of animated images platform Giphy, in a boost for the social media giant after a UK watchdog said the deal…
bubmag
February 7, 2022
Giphy

Meta fined again by UK regulator over Giphy merger

Image: Aytac Unal/Anadolu Agency via Getty Images The UK Competition and Markets Authority (CMA) has fined Meta, previously known as Facebook, over the company not cooperating in an investigation regarding its acquisition of Giphy. The $400 million Meta-Giphy deal has been under review by the competition watchdog since June 2020,…
bubmag
February 7, 2022
Giphy

10 Celebs Who Loved Meet N’ Greets And 10 Who Hated It

Kami adalah salah satu agen judi online yang memberikan permainan Judi Slot Online Jackpot Terbesar dan terlengkap di Indonesia dengan tingkat kemenangan tinggi dan terbaik. Selain itu upnewsinfo sebagai situs judi slot online jackpot terus atau yang juga dinobatkan sebagai situs judi slot jackpot besar juga sering disebut sebagai salah satu…
bubmag
December 6, 2021
Giphy

Meta’s failed Giphy deal could end Big Tech’s spending spree

meta trustbusting — Not so long ago, Meta’s big-money deal to acquire Giphy would have been waved through. Morgan Meaker, wired.com - Dec 4, 2021 1:19 pm UTC Daniel Grizelj | Getty Images Instagram? Sure! WhatsApp? Go nuts. But don’t mess with GIFs. That’s the strange position taken by Britain’s…
bubmag
December 4, 2021
Giphy

Can the UK really force Facebook to sell Giphy?

The UK’s antitrust regulator ruled on Nov. 30 that Meta Platforms, Facebook’s parent company, must sell Giphy, a GIF database and search engine it purchased for $315 million in 2020. The Competition and Markets Authority (CMA) said that the acquisition could harm British social media users and advertisers. The CMA…
bubmag
December 2, 2021
Giphy

UK’s antitrust watchdog orders Facebook to sell Giphy

In a significant push against Big Tech’s ability to maintain market dominance through sheer buying power, the U.K.’s competition watchdog has ordered Facebook (now Meta) to reverse its acquisition of animated GIF platform Giphy — confirming the Financial Times‘ earlier reporting. The Competition and Markets Authority (CMA) said its phase…
bubmag
November 30, 2021