#Shutterstock

Meta offloads Giphy for a loss. Image credit: Getty Images

Meta unloads Giphy to Shutterstock at a loss of more than $260m

Facebook’s parent company Meta announced the sale of Giphy after its purchase of the GIF maker was blocked by competition regulators in the UK

social media

Covid-19 impact: How have social platforms upped their game?

Are social networks trying to capitalise on “social” distancing?