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Tag: shutterstock

Technology
Meta forced to sell Giphy at significant loss to Shutterstock

Meta forced to sell Giphy at significant loss to Shutterstock

May 25, 2023November 20, 2024 AGS

Meta has sold its animated-gif search engine, Giphy, to Shutterstock for $53 million, a significant drop from the $400 million it paid for the platform just three years ago. The sale comes after the UK’s competition watchdog ordered Meta to … Continue reading Meta forced to sell Giphy at significant loss to Shutterstock

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