CommunityNews

CommunityNews

Competition watchdog says Facebook could have to sell Giphy

Facebook could have to sell Giphy, a search engine for Gifs, which it bought for a reported $400m (£289m) last year.

The Competition and Markets Authority provisionally found Facebook owning Giphy “could lead it to deny other platforms access to its Gifs”.

The CMA will now consult before making a final conclusion. And if its concerns are confirmed, the it may require Facebook to sell Giphy.

Facebook said the findings were “not supported by the evidence”.

Giphy’s vast library of looping short video animations is hugely popular - including among Facebook’s competitors.

Gif stands for Graphics Interchange Format, an image format developed in the 1980s to display static and moving images.

They have become a staple of social-media posts and comments.

Read in full here:

This thread was posted by one of our members via one of our news source trackers.

Where Next?

Popular General Dev topics Top

Exadra37
As part of our continued goal of helping developers provide safer products for businesses and consumers, we here at McAfee Advanced Threa...
New
First poster: AstonJ
We engineered a wearable microphone jammer that is capable of disabling microphones in its user’s surroundings, including hidden micropho...
New
First poster: dpritchett
It’s not what programming languages do, it’s what they shepherd you to. How many of you have listened, read or taken part in a discussio...
New
First poster: Korbin73
Whatever happened to Elm, anyway?. I see this question pop up quite frequently in lots of different arenas - folks are curious as to wha...
New
First poster: bot
zig/http.zig at 7cf2cbb33ef34c1d211135f56d30fe23b6cacd42 · ziglang/zig. General-purpose programming language and toolchain for maintaini...
New
First poster: fullstackplus
Why Python is terrible… Nice language, but unsuitable for most professional purposes
New
First poster: AstonJ
Jan | Rethink the Computer. Jan turns your computer into an AI machine by running LLMs locally on your computer. It’s a privacy-focus, l...
New
First poster: jkdiaz
Dark mode isn’t as good for your eyes as you believe. The shadowy display mode has leagues of fans claiming it helps reduce eye strain, ...
New
New
First poster: andrea
Most of what modern software engineers do involves APIs: public interfaces for communicating with a program, like this one from Twilio. I...
New

Other popular topics Top

DevotionGeo
I know that these benchmarks might not be the exact picture of real-world scenario, but still I expect a Rust web framework performing a ...
New
siddhant3030
I’m thinking of buying a monitor that I can rotate to use as a vertical monitor? Also, I want to know if someone is using it for program...
New
New
AstonJ
We have a thread about the keyboards we have, but what about nice keyboards we come across that we want? If you have seen any that look n...
New
AstonJ
Do the test and post your score :nerd_face: :keyboard: If possible, please add info such as the keyboard you’re using, the layout (Qw...
New
Exadra37
I am asking for any distro that only has the bare-bones to be able to get a shell in the server and then just install the packages as we ...
New
New
AstonJ
This is cool! DEEPSEEK-V3 ON M4 MAC: BLAZING FAST INFERENCE ON APPLE SILICON We just witnessed something incredible: the largest open-s...
New
RobertRichards
Hair Salon Games for Girls Fun Girls Hair Saloon game is mainly developed for kids. This game allows users to select virtual avatars to ...
New
PragmaticBookshelf
A concise guide to MySQL 9 database administration, covering fundamental concepts, techniques, and best practices. Neil Smyth MySQL...
New