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Giphy

Giphy

Facebook accuses competition watchdog of ‘fundamental errors’ in Giphy inquiry

Facebook has defended itself against claims by the UK competition watchdog that its takeover of Giphy raises “serious competition concerns”, including over display advertising.  The social media giant has accused the Competition and Markets Authority, which is carrying out an ongoing investigation into the merger, of publishing initial conclusions that…
bubmag
September 13, 2021
Giphy

UK antitrust authorities may force Facebook to sell Giphy

Why it matters: After starting an investigation on Facebook's acquisition of the largest provider of animated GIFs last year, the United Kingdom's Competition and Markets Authority (CMA) announced this week they believe the merger will negatively impact social media competition. These findings are still provisional, but if confirmed, the CMA…
bubmag
August 12, 2021
Giphy

Giphy and Spotify partnership will bring music to GIFs, sort of

Spotify and Giphy, the platform that lets you easily find and share short animated images, have teamed up to combine the two products into one…sort of. The companies are enabling artists to combine their music with GIFs of their performance, but it won’t work quite the way it sounds. Rather…
bubmag
July 22, 2021
Giphy

Is Facebook cornering the VR market?

Imagine that, over the past year, Facebook had managed to acquire the battle royale game Fortnite, the kid-focused game creation engine Roblox, and the best-selling game of 2020, Call of Duty: Black Ops Cold War. For many reasons, such a spree of acquisitions would never happen. One of the biggest…
bubmag
June 17, 2021
Giphy

From scrutiny of app stores, to competition in the ad market, these are the key investigations facing Big Tech in Europe

Premium Liv McMahon 2021-03-04T11:07:01Z Clockwise from left: Outgoing Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai, Facebook founder Mark Zuckerberg MARK RALSTON/AFP via Getty Images, Karl Mondon/Digital First Media/The Mercury News via Getty Images, Justin Sullivan/Getty Images, Glenn Chapmann/AFP via Getty Images This story is available…
bubmag
March 4, 2021
Giphy

UK opens formal investigation of Facebook’s purchase of Giphy

The UK's competition watchdog launched a formal investigation on Thursday into Facebook's purchase of Giphy over concerns it will stifle competition for animated images. The Competition and Markets Authority said the investigation's first stage has a deadline of March 25 to decide whether to trigger a more in-depth probe. The…
bubmag
January 28, 2021