Category

Giphy

Facebook was fined $70 million by a competition regulator for breaching an order during its Giphy acquisition Giphy

Facebook was fined $70 million by a competition regulator for breaching an order during its Giphy acquisition

The CMA, Britain's competition regulator, has fined Facebook $70 million. Facebook breached an order during its purchase of GIF platform Giphy, the agency said. Facebook didn't report all required information about how it was continuing to compete with Giphy, the CMA said. Loading Something is loading. Britain's competition regulator has…
bubmag
October 20, 2021
Facebook accuses competition watchdog of ‘fundamental errors’ in Giphy inquiry 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
Facebook Giphy merger stays on ice after failed challenge to UK competition regulator Giphy

Facebook Giphy merger stays on ice after failed challenge to UK competition regulator

Facebook has failed to neutralise an order from Britain's competition regulator freezing its buyout of Giphy after having "sat on its hands" and failed to answer questions, the Court of Appeal has found. Judge Sir Geoffrey Vos said "the central problem in this case was entirely of Facebook's own making"…
bubmag
May 14, 2021
From scrutiny of app stores, to competition in the ad market, these are the key investigations facing Big Tech in Europe 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
Bill Murray Dialed Into the Golden Globes in a Hawaiian Shirt, and I’ll Have What He’s Having Giphy

Bill Murray Dialed Into the Golden Globes in a Hawaiian Shirt, and I’ll Have What He’s Having

Image Source: NBC via Giphy Bill Murray passed the Golden Globes vibe check with flying colors. The seasoned actor made an exceptionally chill appearance during the virtual award show, dialing in from a sunny outdoor location we can only assume is Margaritaville, given the fact that he was suited up…
bubmag
March 1, 2021