UK competition watchdog launches investigation into Facebook’s $400M acquisition of Giphy

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UK competition watchdog launches investigation into Facebook’s $400M acquisition of Giphy

Facebook wants to be the go-to platform for all of your social needs, but a big move it made last month to take ownership in the world of GIFs — the short, looping videos that people use to convey sentiments in online conversations — may not go as it hopes. The UK Competition and Market…
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