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...
UK Orders Meta to Sell Giphy
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
ai
Y Combinator’s Garry Tan Goes to the Mat
Exclusive
semiconductors
ai
Nvidia Deepens Push Into AWS’ Turf
AI Agenda
ai
AI Startups Are Facing a Reckoning