An appeal by Facebook’s owner Meta against a competition regulator’s finding that it should be forced to sell online GIF creator Giphy was deferred on Thursday by a British court. In November, the Competition and Markets Authority (CMA) determined that Meta’s acquisition of Giphy, which provides animated GIFs and small videos to major social media … Read more
Facebook’s owner Meta will Monday are searching to overturn a legal ruling by using Britain’s opposition authority requiring it to drop its deliberate merger with online GIF creator Giphy. Last November, the Competition and Markets Authority (CMA) found Meta’s $four hundred million (£290m) proposed takeover of Giphy, which supplies lively Gifs or mini videos to … Read more
TikTok today is announcing a new in-app creation tool called TikTok Library, which the company hopes will make it easier for creators to access entertainment content and participate in trends. Initially, the Library will be populated with select content from GIPHY, including its collection of GIFs with sound, known as GIPHY Clips. TikTok says it expects … Read more
Facebook has bought the world’s most popular animated photo-sharing service, GIPHY, and made it part of Instagram. Vishal Shah, Facebook’s vice president of product division, confirmed in a blog post. He wrote “GIPHY, a leader in visual expression and creation, is joining the Facebook company today as part of the Instagram team.” “GIPHY makes everyday … Read more
