When Facebook confirmed that it had acquired Giphy last week for a cool $400 million, the reasons weren’t immediately apparent. Giphy has only the seeds of an advertising business, and GIFs aren’t a ...
Once upon a time, Facebook did not support GIFs. In fact, there was a time when Facebook supported the file format and then took that support away. Developers tried to hack it. One group succeeded, in ...
Facebook bought GIPHY for $400 million Friday, with plans to more tightly integrate with Instagram. Axios was the first to report the deal. “By bringing Instagram and GIPHY together, we can make it ...
Facebook has bought the GIF-sharing service Giphy, which will now be a part of Instagram. It plans to integrate Giphy’s library more deeply into Instagram (where GIFs are especially prevalent in ...
The previously completed merger of social media giant Facebook and Giphy, the largest provider of GIFs, and meme sharing services, has run into a potential roadblock from the U.K.’s Competition and ...
The United Kingdom's antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and ...
As advertising revenue begins to take a bigger hit due to the coronavirus pandemic, Facebook is making a significant bet to diversify its toolkit with the reported $400 million Giphy acquisition. The ...
(Reuters) - Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook ...
Facebook parent Meta will sell the GIF-sharing search engine Giphy at more than a $260 million loss after U.S. antitrust regulators ordered the social media giant's attempt to divest the company.
Posts from this topic will be added to your daily email digest and your homepage feed. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at ...
A few months ago, the team at the money-losing GIF search engine, Giphy, reached out to Facebook Inc. Might the social networking company be interested in an investment? Already, about half of Giphy’s ...
The potential antitrust breakup of Facebook’s digital media empire could start with GIFs. Facebook (FB) could soon be required to spin off Giphy in response to concerns by UK regulators, and give up ...
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