Meta has no choice but to sell Giphy at $262M loss to Shutterstock:
arstechnica.com/tech-policy/2023/05/fire-sale-shutterstock-to-buy-giphy-for-262-million-less-than-meta-paid/
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| Last Updated | May 24 23 |
| Total Articles | 22 |
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Facebook owner Meta sells Giphy at a loss of more than $260m: Stock image service Shutterstock buys gif search engine after Meta’s acquisition blocked by ...
theguardian.com/technology/2023/may/23/facebook-owner-meta-sells-giphy-shutterstock-gif-search
Meta loses millions as made to sell Giphy to Shutterstock: Social-media giant Meta was ordered to sell Giphy by the UK's Competition and Markets Authority.
bbc.com/news/technology-65684986
Meta sells Giphy to Shutterstock to comply with UK regulator order: Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc ...
reuters.com/markets/deals/shutterstock-acquire-giphy-inc-53-million-cash-2023-05-23/
More articles on this subject
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Facebook owner Meta sells Giphy at a loss of more than $260m: Stock image service Shutterstock buys gif search engine after Meta’s acquisition blocked by ...
theguardian.com/technology/2023/may/23/facebook-owner-meta-sells-giphy-shutterstock-gif-search
Meta loses millions as made to sell Giphy to Shutterstock: Social-media giant Meta was ordered to sell Giphy by the UK's Competition and Markets Authority.
bbc.com/news/technology-65684986
Meta sells Giphy to Shutterstock to comply with UK regulator order: Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc ...
reuters.com/markets/deals/shutterstock-acquire-giphy-inc-53-million-cash-2023-05-23/
Shutterstock purchased Giphy, the online library and maker of GIFs, from Facebook’s parent company Meta, the company said Tuesday, after a prolonged legal battle forced Meta to sell at a $262 million loss.
forbes.com/sites/anafaguy/2023/05/23/meta-unloads-giphy-at-a-250-million-loss-after-uk-order/
Meta sells GIPHY to Shutterstock for a big loss after regulators force a sale: Acquired for $400 million. Sold for just over $50 million 3 years later.
mashable.com/article/meta-sells-giphy-to-shutterstock
Meta Unloads Giphy At A $250 Million Loss After U.K. Order: Meta originally bought the platform for $315 million in 2020.
forbes.com/sites/anafaguy/2023/05/23/meta-unloads-giphy-at-a-250-million-loss-after-uk-order/
Meta sells Giphy to Shutterstock at a loss in a $53 million deal: Meta acquired the popular platform in 2020 for $315 million but was ordered to divest the ...
cnbc.com/2023/05/23/meta-sells-giphy-to-shutterstock-at-a-loss-in-a-53-million-deal.html
Meta to lose millions as it moves to meet UK order to sell Giphy: The company's agreement to sell the GIF library to Shutterstock will still need to be cleared ...
news.sky.com/story/meta-to-lose-millions-as-it-moves-to-meet-uk-order-to-sell-giphy-12887854
Meta sells Giphy to Shutterstock to comply with UK regulator order: (Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc ...
thestar.com.my/tech/tech-news/2023/05/23/shutterstock-to-acquire-giphy-inc-for-53-million-in-cash
Meta takes loss in Giphy sale after UK deal veto: Facebook owner Meta has sold animated graphics firm Giphy at a significant loss.
news.abs-cbn.com/business/05/24/23/meta-takes-loss-in-giphy-sale-after-uk-deal-veto
Shutterstock buys Giphy Inc from Meta for $53 million in cash | Mint: Shutterstock has been experimenting into the Artificial Intelligence realm of late ...
livemint.com/technology/tech-news/shutterstock-buys-giphy-inc-from-meta-for-53-million-in-cash-11684907470101.html
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Shutterstock to buy GIPHY after CMA forced Meta to sell it: Shutterstock has agreed to acquire GIPHY for $53 million from Meta after a UK regulator forced the ...
neowin.net/news/shutterstock-to-buy-giphy-after-cma-forced-meta-to-sell-it/
Meta sold Giphy at a $262 million loss: The Facebook parent spent $315 million in 2020 before UK regulators forced a sale
qz.com/meta-sold-giphy-at-a-262-million-loss-1850464848
Paid articlePaid
Meta sells Giphy to Shutterstock for $260 million loss: Meta is selling GIF search engine Giphy to Shutterstock for $53 million. The British Competition
t3n.de/news/260-millionen-verlust-meta-verkauft-giphy-53-millionen-us-dollar-shutterstock-1554662/
Shutterstock picks up Giphy for $53 million after UK blocks Meta’s acquisition: Shutterstock is buying popular Giphy for $53 million after Meta’s $400 million ...
theverge.com/2023/5/23/23734220/shutterstock-giphy-meta-cma-uk-antitrust
Meta sells Giphy to Shutterstock at a loss following UK order: Shutterstock is buying Giphy after the UK ordered Meta to sell the GIF service..
engadget.com/meta-sells-giphy-to-shutterstock-at-a-loss-following-uk-order-131932973.html
Meta forced to sell Giphy, takes 87% loss in Shutterstock deal: Zuck and Co face Brexit bonus
theregister.com/2023/05/23/meta_giphy_sale/
Paid articlePaid
The Prompt: The Latest AI Startup To Face Reality: Plus: Mark Zuckerberg’s fake beard and AI-generated e-textbooks
forbes.com/sites/rashishrivastava/2024/04/23/the-prompt-the-latest-ai-startup-to-face-reality/
Quick Glance: Uncovering the World of AI-Generated Media
- The proliferation of AI-generated images and text is a growing concern on the internet, impacting users more than they realize.
- Experts caution about the impact of synthetic media on decision-making processes and society.
- Despite the potential for beneficial applications of generative AI, the lack of oversight necessitates consumers to verify content authenticity.
- There are techniques to detect fake images and videos, such as identifying details like flawed hand positions, inconsistent eye reflections, and incoherent backgrounds.
European police chiefs target E2EE in latest demand for ‘lawful access’: In the latest iteration of the neverending (and always head-scratching) crypto wars ...
techcrunch.com/2024/04/22/e2ee-police-chiefs-lawful-access/
Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google
cnbc.com/2024/04/22/big-tech-keeps-prioritizing-ai-as-earnings-approach.html
Large language models are getting bigger and better : Can they keep improving forever?
economist.com/science-and-technology/2024/04/17/large-language-models-are-getting-bigger-and-better
Meta is making it easier to bring Quest headsets into the classroom: Meta is launching a new educational product for teachers later this fall ...
theverge.com/2024/4/15/24130850/meta-quest-headsets-educational-product-classroom
Grindr sued for allegedly sharing users' HIV status: Tech & Science Daily podcast
standard.co.uk/comment/podcasts/grindr-hiv-status-tech-science-b1153354.html
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
Delicious afternoon tea treats to enjoy on National Tea Day: THERE is nothing more classically British than afternoon tea.
sthelensstar.co.uk/news/24264164.delicious-afternoon-tea-treats-enjoy-national-tea-day/
🙏 Thank you to each and every one of you that travelled to one, two or three of our away games last week!
https://www.facebook.com/media/set/?set=a.1004800097670064
facebook.com/media/set/
ClearBridge Large Cap Growth ESG Strategy Q1 2024 Portfolio Manager Commentary: The Strategy outperformed due to a combination of active management of our mega ...
seekingalpha.com/article/4684443-clearbridge-large-cap-growth-esg-strategy-q1-2024-portfolio-manager-commentary
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WhatsApp reverses change in u-turn after users said they were 'outraged': WhatsApp has reversed a tiny design change that left users "outraged" as the ...
birminghammail.co.uk/news/midlands-news/whatsapp-reverses-change-u-turn-29019461
Llama-3: Facebook Group releases new AI: The internet giant Meta is also pushing ahead with its plans with artificial intelligence. There will soon be new ...
berliner-zeitung.de/news/llama-3-facebook-konzern-veroeffentlicht-neue-ki-li.2207396
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