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Facebook may have to sell gif creator Giphy after UK investigation

Facebook may have to sell gif creator Giphy after UK investigation

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Facebook Inc may be forced to sell gif creator Giphy after an investigation by the Competition and Markets Authority (CMA). The social media group bought Giphy, which supplies images to Snapchat and Twitter, last year for US$400mln (£290mln).

...read full article on Proactive Investors

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