UK antitrust watchdog launches investigation into Facebook's acquisition of Giphy - techbrinks

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Saturday, 13 June 2020

UK antitrust watchdog launches investigation into Facebook's acquisition of Giphy


Facebook announced last month that it had bought animated picture platform Giphy with the intention of integrating it with its Instagram team. According to unnamed sources cited by Axios, the deal is worth around $400 million, making it smaller but not insignificant in comparison with Instagram, which was snapped for...

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