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, […]
![Meta sells Giphy to Shutterstock for £46m after UK blocked GIF platform purchase featureimage-5](https://technology.ie/wp-content/uploads/2023/05/featureimage-5-scaled-140x140.jpg)