Meta complies with UK order, sells Giphy to Shutterstock at a huge loss
Meta's loss is Shutterstock's gain
The British government forces Meta to sell Giphy
A first for the ever growing tech giant
Facebook fined $70 million by UK regulators for not cooperating on Giphy acquisition investigation
UK's competition and markets authority claims Facebook refused to provide information after several warnings
UK antitrust authorities may force Facebook to sell Giphy
Concerns over Giphy's use on competing social media platforms
UK antitrust watchdog launches investigation into Facebook's acquisition of Giphy
British authorities are worried there's not enough competition in GIFs
Facebook acquires Giphy for undisclosed sum
The deal is reportedly valued around $400 million