Tuesday, May 23, 2023

Meta Sells Giphy to Shutterstock for $53 Million to Comply With UK Regulator Order

Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.

from Gadgets 360 https://ift.tt/8jeNr5D

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