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…Meta is being sued by META for “stealing” the brand nameFacebook rebukes the UK's CMA over its position on…Meta hit with large fine by Irish data privacy regulator
