Facebook’s Acquisition of Giphy Is Under New Review
The deal, reportedly worth $400 million, is also under scrutiny from Australian regulators
Facebook bought Giphy for a reported $400 million last month.
Facebook, Giphy
Facebook will temporarily halt integrating popular GIF database Giphy into its company, according to a source familiar with the situation, after the U.K.’s antitrust authority said it would investigate whether the acquisition is anti-competitive.
