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Bye Facebook – GIPHY is being sold

Published

2 years ago

on

I’m sure there’s a GIF for this, but Meta is selling its animated platform GIPHY

It’s all part of a decision from the UK’s competition watchdog, which has been going back and forth with the tech giant for months.

The group believes Meta’s purchase of the gif-sharing website could get in the way of social media users and advertisers.

It’s the first time the UK has blocked a business venture by Meta.

The social media giant bought GIPHY back in 2020.

It says it’s disappointed by the decision but accepts the decision.

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Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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News

Billionaire & engineer make history after world’s first private space mission

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16 hours ago

on

September 13, 2024

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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News

Apple’s iPhone 16 event puts AI back into the spotlight

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4 days ago

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September 10, 2024

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Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

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Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

4 days ago

on

September 9, 2024

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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