Meta Forced To Sell Giphy Due To UK Antitrust
Meta, Facebook’s parent company, is planning on selling Giphy just 2 years after it purchased it due to the UK competition watchdog ordering Meta to do so.
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Meta, Facebook’s parent company, is planning on selling Giphy just 2 years after it purchased it due to the UK competition watchdog ordering Meta to do so.
A ‘Billion Dollar’ mark is something people usually don’t like to use with words like ‘fall’ or ‘drop’ because it is an industry standard of recognizing something as extremely successful. But somehow something very odd happens in the recent days and that is Facebook, a $562 billion company lost its revenue consecutively in the second quarter. Here we came up with the most distinguished figures after digging down deep in the reports published by the company.
Unlike many other social media platforms, Snapchat has been available only on mobile since its launch over a decade ago. But on Monday, the company launched a web-based version of the popular messaging app. The goal is to give users the freedom to switch between their phones and computers, all while continuing their conversations on the platform.
