Shutterstock to buy GIPHY after CMA forced Meta to sell it May 23, 2023 by admin Tweet Shutterstock has agreed to acquire GIPHY for $ 53 million from Meta after a UK regulator forced the sale. Meta is taking a huge loss as a result of the sale as it paid around $ 400 million for GIPHY. Read more… Neowin Related Posts:UK antitrust regulators continue to block Meta's…UK's CMA says Facebook has too much influence in…WhatsApp rolls out built-in sticker maker, GIPHY…Meta is being sued by META for “stealing” the brand nameMeta hit with large fine by Irish data privacy regulator
