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FACEBOOK GIPHY DEAL
Meta sells Giphy to Shutterstock for $53 million to comply with UK regulator orderBritain's competition regulator last year ordered Meta to sell Giphy over fears that it could deny or limit competitors such as Snapchat In...- What next for Microsoft's $69-billion Activision deal after UK ban?The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony's PlaySt...
- How Microsoft is addressing antitrust concerns over Activision dealMicrosoft announced the Activision bid in January last year, its biggest ever, to boost its firepower in the booming videogaming market and...
- Meta accepts UK order to sell Giphy after antitrust battleThe British regulator blocked the deal, valued at a reported $400 million, in November 2021 on concerns that Meta could deny or limit compe...
- Coinbase sacks 8% of India team; UpGrad bags $225 million, bucks edtech trendCoinbase’s share price is down an eye-popping 80% since the start of the year, making bitcoin’s 54% drop look like a minor blip.
- Facebook appeals UK ruling that it must sell GiphyBritain's Competition and Markets Authority ordered Meta to sell Giphy, which it acquired for a reported $400 million in May 2020, last mon...
- UK regulator shows more assertive posture in blocking Facebook purchase of GiphyMeta on Thursday appealed the ruling by the Competition and Markets Authority, which said the 2020 deal must be unwound and Giphy sold as a...
- British watchdog orders Facebook to sell Giphy; stifles competition for animated images"By requiring Facebook to sell Giphy, we are protecting millions of social media users and promoting competition and innovation in digital ...
- What awaits Twitter's new CEO; Zomato's 'Wings' for restaurantsIn his new role as Twitter CEO, Parag Agrawal won’t just need to keep growing the microblogging platfrom's business, but also inherit its p...
- Britain directs Facebook parent Meta to sell GIF maker GiphyThe Competition and Markers Authority (CMA) said the decision was in line with provisional findings that Facebook's acquisition of Giphy wo...
- Govt clears stand on Bitcoin; Jack Dorsey said to exit TwitterAs the winter session of Parliament begins, Finance Minister Nirmala Sitharaman said that the government has no proposal to recognise Bitco...
- Facebook-Giphy deal set to be blocked by UK regulatorThe United Kingdom’s Competition and Markets Authority is set to reverse the Facebook-Giphy deal in what would be the first time the regula...
- Few startups corner bulk of funding; RBI rule disrupts auto payIndia's startup ecosystem is in the midst of an unprecedented funding boom, but the top two or three companies in each sector have cornered...
- UK fines Facebook $70 million for breaching order in Giphy dealThe Competition and Markets Authority (CMA) said Facebook had deliberately failed to comply with its order, and the penalty served as a war...
- Facebook questions British watchdog's authority to order Giphy saleFacebook in its letter said the UK Competition and Markets Authority's provisional findings had "fundamental errors," and the regulator had...
- Facebook-Giphy deal puts antitrust focus back on stealth M&AThe Facebook-Giphy deal shows how M&As can fall through the cracks. By paying a dividend, Giphy lowered the value of its assets below the t...
- UK's competition watchdog begins probe into Facebook's Giphy dealThe Competition and Markets Authority, which served an initial enforcement order to the companies in June, said it has until March 25 to ma...
- Facebook faces US lawsuits that could force sale of Instagram, WhatsAppFacebook becomes the second big tech company to face a major legal challenge this year after the U.S. Justice Department sued Alphabet Inc'...
- Big tech goes on shopping spree, brushing off antitrust scrutinyBig Tech is even buying amid a world economy ravaged by the coronavirus pandemic. While global economic output is expected to shrink by 4.9...
- 11 Facebook Messenger tips and tricks everyone should knowFacebook Messenger is one of the most popular apps in the world with more than 700 million people using it every month.
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