Meta Agrees to Sell Giphy on Regulator ' s Order

Meta’s sale of Giphy comes as the social-media company enters its ‘year of efficiency.’ Shutterstock on Tuesday said it agreed to buy Giphy from Facebook parent Meta Platforms for $53 million in net cash, ending a yearslong legal battle that forced the sale of the social-media animated-images…#meta #shutterstock #metaplatforms

Source: Reuters: Health - May 23, 2023 Category: Consumer Health News Source Type: news