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Giphy

UK tribunal quashes Meta-Giphy deal block, regulator to reconsider ruling Giphy

UK tribunal quashes Meta-Giphy deal block, regulator to reconsider ruling

LONDON: Britain's competition regulator said on Monday (Jul 18) it would carry out another review of Facebook owner Meta's acquisition of Giphy after a tribunal quashed its original decision to block it. Britain's Competition and Markets Authority (CMA) last year ordered Meta to sell animated images platform Giphy, which it…
bubmag
July 18, 2022
Digiday DealBook: Google’s advertising updates to YouTube, Meta’s Giphy acquisition stalled, Elon Musk’s talk with Twitter employees and more Giphy

Digiday DealBook: Google’s advertising updates to YouTube, Meta’s Giphy acquisition stalled, Elon Musk’s talk with Twitter employees and more

Welcome to Digiday’s DealBook. Our focus is to create a quick and easy rundown of the deals, acquisitions and hires taking place the previous week. The goal is to inform and update you on the latest happenings in the industry at the top of your inbox each Monday.  — Carly Weihe…
bubmag
June 20, 2022
UK regulator shows more assertive posture in blocking Facebook purchase of Giphy Giphy

UK regulator shows more assertive posture in blocking Facebook purchase of Giphy

LONDON: Britain's move to block Facebook-owner Meta Platform Inc's acquisition of Giphy signalled a new determination to scrutinise digital deals. Meta on Thursday appealed the ruling by the Competition and Markets Authority, which said the 2020 deal must be unwound and Giphy sold as a going concern. The November decision…
bubmag
December 23, 2021