technology

Meta ordered to sell gif-sharing platform GIPHY by UK regulator

Meta ordered to sell gif-sharing platform GIPHY by UK regulator

Facebooks parent Meta has been ordered to sell gif-sharing platform GIPHY by the UKs Competition and Markets Authority (CMA). The deal could harm social media users and UK advertisers, the CMA found. It has already removed GIPHY as a potential challenger in display advertising market, it added. We disagree with this decision, Meta said, adding that its considering all options..

technology 2021-11-30 Inshorts