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May 23, 2023, 2:15 pm129 pts
Ars Technica
Enlarge (credit: Getty) Talk about a fire sale. With limited interest in GIF platforms and UK regulators forcing a sale, Meta has decided to sell Giphy to Shutterstock for a mere $53 million. After purchasing it for $315 million in 2020 and subsequently being ordered to sell it by the UK's Competition and…
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