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UK set to block Facebook parent Meta’s $315M acquisition of Giphy

UK set to block Facebook parent Meta's $315M acquisition of Giphy

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The UK is reportedly set to block Facebook parent Meta Platforms’ $315 million purchase of Giphy, the popular animated GIF maker. The clampdown, which follows after the agency began investigating the acquisition in June 2020, could mark the first time ever that the British government has moved aggressively to regulate Big Tech firms.

...read full article on New York Post

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