WASHINGTON (AP) — Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns. The stock image service said it’s paying cash for Giphy, which…Read More
Meta sells Giphy for 53M to Shutterstock after UK blocked GIF platform purchase KION546
