YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Facebook parent company Meta is selling GIF search engine Giphy at a loss.
Shutterstock is buying Giphy for $53 million. That's a drop from the $315 million Meta paid for it.
The United Kingdom's Competition and Markets Authority previously ordered the sale over anticompetitive concerns.
Read more from The Guardian.
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