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Meta is offloading Giphy — which maintains the world’s biggest database of animated GIFs — to content marketplace company Shutterstock, taking a steep loss on the forced sale. Shutterstock ...
Meta has finally found a willing buyer for Giphy, the animated GIF search engine it acquired for $400 million three years ago. Shutterstock announced today that it has entered into an agreement ...
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the ...
Facebook FB will acquire Giphy, the online library and maker of GIFs, and plans to further weave its animated videos into Instagram and its other apps. Facebook reportedly paid $400 million for ...
Talk about a fire sale. With limited interest in GIF platforms and UK regulators forcing a sale, Meta has decided to sell Giphy to Shutterstock for a mere $53 million. After purchasing it for $ ...
Facebook announced Friday it was acquiring Giphy, a leading service for making and sharing GIFs that will now be part of Instagram, a leading service for making and sharing photos. Even if you’v ...
Giphy is silent no more: The company is turning up the volume on the meme-fueled business — adding video with sound to its array of millions of shareable animated GIFs and stickers. The Giphy ...
Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by Axios.
When Facebook confirmed that it had acquired Giphy last week for a cool $400 million, the reasons weren’t immediately apparent. Giphy has only the seeds of an advertising business, and GIFs aren ...
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