Tag: facebook
With pandemic-era acquisitions, big tech is back in the antitrust crosshairs
With many major sectors totally frozen and reeling from losses, tech’s biggest players are proving themselves to be the exception to the rule yet again. On Friday, Facebook confirmed its plans to buy Giphy, a popular gif search engine, in a deal believed to be worth $400 million. Facebook has…
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How Instagram’s anti-vaxxers fuel coronavirus conspiracy theories
Instagram’s efforts to curb health misinformation have done little to stem the flow of conspiracy theories and misinformation about vaccines. The app continues to be a hotbed of anti-vaccine conspiracy theories, which often spread without the promise… Source
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Daily Crunch: Facebook is acquiring Giphy
Facebook acquires a popular GIF search engine, video game sales see major growth and Sorrentino reports promising results for a COVID-19 treatment. Here’s your Daily Crunch for May 15, 2020. 1. Facebook to acquire Giphy in a deal reportedly worth $400 million Facebook will acquire Giphy, the web-based animated GIF…
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Facebook just bought Giphy
Facebook has bought the GIF-sharing service Giphy, which will now be a part of the Instagram team. It plans to integrate Giphy’s library more deeply into Instagram (where GIFs are prevalent in Stories) and other Facebook services. Although Facebook d… Source
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Facebook to acquire Giphy in a deal reportedly worth $400 million
Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by Axios. Facebook said it isn’t disclosing terms of the deal. Giphy has grown to be a central source for shareable, high-engagement content, and…
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Facebook’s social Zoom competitor Messenger Rooms goes live globally
Zoom was never meant to be a social network, but the enterprise video chat app has become essential software for those looking to stay in touch with friends and family during the pandemic. Today, Facebook looks to steal back the service’s social video chat growth as it globally launches Messenger…
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