The Latest Breaking News from Giphy

The artist now known as Ye wants to buy the ‘free-speech’ social network Parler after being banned from major sites. But hopes for a rightwing splinternet, where anything goes, is not so easy

British authorities have dealt the social media giant a sharp defeat over a recent acquisition.

Longer delay might have been mildly embarrassing but would be the safer approach

Britain's competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority's (CMA) order to unwind the 2020…

Facebook parent Meta says it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation

Meta said it would not be contesting the decision

The Competition and Markets Authority has reiterated a decision it first made last year.

CMA says takeover of gif creation website limits choice for social media users

Generational divide threatens future of tech firm as it seeks approval for $400m takeover by Facebook owner Meta

Facebook owner Meta started its appeal on Monday against Britain's ruling that it must sell Giphy, arguing the fact that rival Snap offered far less to buy the animated-images provider undermined the rationale used to block the deal. Britain's Competition and Markets Authority (CMA) last year ordered Meta to sell…

He created the image file format that defined an internet culture for decades in 1987 while working at CompuServe