Meta Agrees to Promote Giphy to Shutterstock for a $347 Million Loss
Meta’s long-running authorized battle over its acquisition of Giphy has lastly come to an finish, with the corporate agreeing to sell Giphy to Shutterstock for $53 million. Which is a big low cost on the $400 million that Meta paid for Giphy back in 2020. However then once more, as per Giphy’s own argument, GIFs […]
