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CNN
CNN
23 May 2023
Brian Fung

Meta sells Giphy at a significant loss after UK breakup order | CNN Business

https://am1.news/usconservative/topic/fq/6-slug-meta-sells-giphy-at-a-significant-loss-after-uk-breakup-order-cnn-business
NextImg:Meta sells Giphy at a significant loss after UK breakup order | CNN Business

Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.

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