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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on December 06, 2021, 04:05:20 pm



Title: UK regulator rules Facebook must sell Giphy due to antitrust concerns
Post by: HCK on December 06, 2021, 04:05:20 pm
UK regulator rules Facebook must sell Giphy due to antitrust concerns

<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2020/05/facebook-buys-giphy.png?w=1556)</div>
<p>Last year, Facebook announced its plans (https://9to5mac.com/2020/05/15/facebook-scoops-up-giphy-for-400m-instagram-integration-to-be-primary-focus/) to acquire the popular GIF service Giphy in a deal valued at around $400 million. While Facebook (now Meta) had said its goal with the Giphy acquisition was to integrate the service deeply with Instagram, regulators have now ordered Facebook to sell Giphy due to antitrust concerns…</p>
<p> <a href="https://9to5mac.com/2021/11/30/uk-regulator-facebook-sell-giphy/#more-772395" class="more-link">more…[/url]</p>
<p>The post <a rel="nofollow" href="https://9to5mac.com/2021/11/30/uk-regulator-facebook-sell-giphy/">UK regulator rules Facebook must sell Giphy due to antitrust concerns[/url] appeared first on <a rel="nofollow" href="https://9to5mac.com">9to5Mac[/url].</p><div class="feedflare">
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Source: UK regulator rules Facebook must sell Giphy due to antitrust concerns (https://9to5mac.com/2021/11/30/uk-regulator-facebook-sell-giphy/)