Meta Sells Giphy to Shutterstock for $53 Million, Taking a Massive Loss

Stock photography company Shutterstock announced on Tuesday that it will acquire the animated image platform Giphy from Facebook parent company Meta. "This is an exciting next step in Shutterstock's journey as an end-to-end creative platform," Shutterstock CEO Paul Hennessy said in a statement.…#shutterstock #meta #paulhennessy #cma #ftc #usmeta
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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