Meta is offloading Giphy — which maintains the world’s biggest database of animated GIFs — to content marketplace company Shutterstock. Shutterstock is paying $53 million for Giphy. Three years ago, Meta (then Facebook) bought Giphy for $400 million. However, the U.K.’s Competition and Markets Authority (CMA) ruled that Meta’s acquisition of Giphy was anti-competitive — […]
Nvidia will replace Intel on the Dow Jones Industrial Average, in a move that underscores the growing...
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