Meta to lose tens of millions because it strikes to fulfill UK order to promote animated photos provider
Meta Platforms, Fb’s proprietor, has agreed to advertise Giphy to Shutterstock for $53m (£42m), merely three years after reportedly paying $400m for the animated pictures supplier. The deal was launched eight months after Meta agreed to regulate to a ruling by the UK rivals regulator to advertise the enterprise on the grounds the tie-up could … [Read more…]