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Giphy

Meta sells Giphy to Shutterstock at a $262M loss

Shutterstock has entered into a definitive agreement to acquire Giphy from Meta, the company formerly known as Facebook, for $53 million.

Facebook owner Meta to sell Giphy after UK watchdog confirms ruling — The Guardian

Facebook’s parent company, Meta, has been ordered by the UK competition watchdog to sell the gif creation website Giphy, the first time the regulator...