Fire sale: Shutterstock to buy Giphy for $262 million less than Meta paid

With UK forcing a sale and GIFs losing popularity, Meta was bound to take a hit.

https://arstechnica.com/tech-policy/2023/05/fire-sale-shutterstock-to-buy-giphy-for-262-million-less-than-meta-paid/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social