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META GIPHY DEAL
Microsoft tests the limits of Britain's antitrust authorityThe decision by Britain's antitrust regulator to rip up its play book for Microsoft shows the limit of its ability to kill mega-deals on it...- What challenges does Microsoft's $69 billion Activision deal face?The US Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft's $69 billion acquisition of video game ma...
- 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...
- Stock photos repository Shutterstock to acquire Giphy in $53 mln dealThe transaction will be funded by existing cash-on-hand and includes an intellectual property-sharing deal that would allow Meta continued ...
- 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...
- Big Tech has a formidable foe in Britain's antitrust watchdog after Microsoft blowThe final ruling deals a blow to Microsoft’s chances of securing the world’s biggest gaming takeover and puts the Competition and Markets A...
- Microsoft's bid to buy games giant faces triple anti-trust threatThe Xbox-owner has embarked on a campaign to convince all three EU, UK and US regulators to back its $69 billion bid to take over Activisio...
- 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...
- Explainer: How Microsoft is addressing antitrust concerns over Activision dealMicrosoft has thrown the gauntlet down over antitrust criticisms, saying on Tuesday it is ready to offer rivals licensing deals in exchange...
- Microsoft's Activision deal hurts gamers, UK watchdog saysBritain's Competition and Markets Authority said its in-depth investigation found that the deal could strengthen Microsoft's position in th...
- 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...
- Oracle fined $23M on bribery charges; Mahindra expects to triple biz with Rivigo acquisitionIn a major revelation by the US Securities and Exchange Commission, software major Oracle was fined over $23 million for using slush funds ...
- Google opposes social media self-regulation; Zomato acquires Blinkit’s warehousing businessReuters reports that Google is against the idea of a self- regulatory body, which has the support of Meta and Twitter.
- Battery-swapping policy out soon; K’taka calls meeting on Infy’s non-compete clauseBloomberg reports the government is also close to wrapping up a national battery-swapping policy for electric vehicles – a crucial part of ...
- 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...
- 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...
- 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...
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