The U.K.’s competition regulator has ordered Meta to sell GIF-database website Giphy in a landmark move for the country’s antitrust enforcer. Meta had completed the $315 million acquisition but hadn’t integrated Giphy while the probe was underway. In a statement on Tuesday , the Competition and Markets Authority said the investigation found Meta’s acquisition of the GIF database would harm...
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TikTok’s Ad Stumbles; an NFT Artist on Crypto Twitter, Philanthropy and Diversity
TikTok aims to rival the ad revenue of digital titans such as Meta Platforms, but a new report from my colleague Sylvia shows that turbulence within the short-form video app’s ad sales department threatens to throw it off course.That turbulence includes a high-pressure culture that has resulted in heavy turnover. Since top-down instruction still comes from Beijing, employees are confused about...
Cloud Management Firm Nutanix Lays Off 4% of Staff
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