Facebook buys GIPHY for $400 million May 15, 2020 by admin Tweet The social networking giant is acquiring the GIF hosting service and making it part of its Instagram team. The deal is reportedly worth $ 400 million, and won’t immediately affect other integrations. Read more… Neowin Related Posts:Shutterstock to buy GIPHY after CMA forced Meta to sell itMeta's Facebook, Instagram, and Threads services are…Instagram reportedly working on animated emojis for DMsSoftBank is reportedly looking to invest up to $20…Meta may reportedly offer an ad-free Instagram and…