Facebook (META) ordered to sell GIPHY by UK competitive regulator
The United Kingdom's CMA issued its final verdict after Meta attempted to appeal a prior ruling for it to sell off its $400 million acquisition of Giphy.
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The United Kingdom's CMA issued its final verdict after Meta attempted to appeal a prior ruling for it to sell off its $400 million acquisition of Giphy.
The former Facebook has been ordered to cut ties with Giphy due to the potential to shut out market competitors.
Facebook plans on using Giphy to help users on Instagram further express themselves through the use of...more pictures?