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:UK's CMA says Facebook has too much influence in…Shutterstock to buy GIPHY after CMA forced Meta to sell itUK antitrust regulators continue to block Meta's…Meta's Facebook, Instagram, and Threads services are…Instagram reportedly working on animated emojis for DMs