Meta had to comply with UK's competition regulator who required Meta to sell Giphy. This was due to concerns that Meta could limit or deny competitors, including Snapchat and Twitter, access to the world’s largest GIF library’s contents. Read more in our articles including "Meta sells Giphy to Shutterstock for USD 53 million" and "OpenAI unveils GPT-5.6 with Sol, Terra, Luna AI models".
Shutterstock has acquired Giphy, the animated-images platform, from Meta Platforms for USD 53 million in…
May 24, 2023
OpenAI has announced the GPT-5.6 series. These are three new AI models called Sol, Terra…
Jun 27, 2026
Microsoft has announced a global price increase for Xbox consoles starting August 1, 2026. The…
Jun 27, 2026
Despite Microsoft’s aggressive push to transition users onto Windows 11, a massive chunk of the…
Jun 26, 2026
Marking its 10th anniversary alongside National ICT Month, the Department of Information and Communications Technology…
Jun 26, 2026
After the teaser video released recently, we’ve finally seen what the Nothing Phone (4b) will…
Jun 26, 2026Meta had to comply with UK's competition regulator who required Meta to sell Giphy. This was due to concerns that Meta could limit or deny competitors, including Snapchat and Twitter, access to the world’s largest GIF library’s contents.
Our coverage of competition concerns includes: "Meta sells Giphy to Shutterstock for USD 53 million"; "OpenAI unveils GPT-5.6 with Sol, Terra, Luna AI models"; "Microsoft to raise Xbox console prices worldwide". Each article provides unique insights and information.