The United Kingdom's antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and ...

Facebook parent Meta will sell the GIF-sharing search engine Giphy at more than a $260 million loss after U.S. antitrust regulators ordered the social media giant's attempt to divest the company.

The previously completed merger of social media giant Facebook and Giphy, the largest provider of GIFs, and meme sharing services, has run into a potential roadblock from the U.K.’s Competition and ...

The Competition and Markets Authority believe a tie-up would give Facebook too much power over the market. NurPhoto via Getty Images The UK antitrust watchdog has blocked Facebook’s acquisition of ...

The UK's Competition and Markets Authority (CMA) today ordered Facebook owner Meta to sell Giphy, saying the merger "would reduce competition between social media platforms and that the deal has ...

Posts from this topic will be added to your daily email digest and your homepage feed. 15 months ago, Facebook said it was buying the popular GIF search engine Giphy for about $400 million. Now the ...

The United Kingdom's antitrust watchdog has blocked Facebook from buying Giphy on Tuesday and ordered Facebook to sell off the GIF-sharing platform, the Associated Press reported. The Competition and ...

The potential antitrust breakup of Facebook’s digital media empire could start with GIFs. Facebook (FB) could soon be required to spin off Giphy in response to concerns by UK regulators, and give up ...

Facebook is snapping up Giphy in a deal reported to be worth $400 million, and the social giant plans to combine the GIF and sticker-sharing company’s services primarily with Instagram. “Giphy makes ...

In a significant push against Big Tech’s ability to maintain market dominance through sheer buying power, the U.K.’s competition watchdog has ordered Facebook (now Meta) to reverse its acquisition of ...

The previously completed merger of social media giant Facebook and Giphy, the largest provider of GIFs, and meme sharing services, has run into a potential roadblock from the U.K.’s Competition and ...