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Meta sells Giphy to Shutterstock for £46m after UK blocked GIF platform purchase

Shutterstock has said it is buying Giphy from Meta Platforms for 53 million dollars (£46 million), the final step to unwind a deal blocked by British regulators over competition concerns. The stock image service said it is paying cash for the GIF-sharing platform, which has 1.7 billion daily users and partners including Facebook, Instagram, WhatsApp, […]

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What is the new Twitter verification and what does it actually mean?

Twitter users have been voicing their discontent after losing ‘legacy’ blue ticks from their accounts, but what does this actually mean? Here, the PA news agency explains the changes on the social media platform. What has just happened? On Thursday (April 20), Twitter began removing legacy Verified checkmarks from hundreds of thousands of accounts. The checkmark […]

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TikTok fined £12.7m after it ‘did not do enough’ to keep under-13s off platform

Social media platform TikTok has been fined £12.7 million because it “did not do enough” to make sure underage children were not using its platform and ensure that their data was used correctly. The Information Commissioner’s Office (ICO) said that TikTok allowed up to 1.4 million children under 13 to use its platform in 2020, […]

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