Shutterstock has acquired Giphy for a sum of $53 million, according to Meta, the company that sold it.
#Giphy #Sold #Meta #Million #Shutterstock
Shutterstock has acquired Giphy for a sum of $53 million, according to Meta, the company that sold it.
#Giphy #Sold #Meta #Million #Shutterstock
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How much they buy it for again?
Gif services were such a weird frenzied bubble.
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Now all the gifs are gonna have a watermark
I guarantee it
Seems like Facebook already used the catalog for its AI. Knowing AI will take over gifs time to sell it before it becomes worthless.
>Shutterstock is paying $53 million for Giphy. Three years ago, Meta (then Facebook) bought Giphy for $400 million.
Wow! That’s stupendously bad business.
It was just a matter of time
So from one bloated over-controlling business to another.
That is not even worth 53m wth🤦♂️
They bought the library of images, not bad.
If I got a fine and sold my car to pay for part of that fine that would mean I don’t have much money on hand.
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good. bust those trusts.
Haha fuck you mark
Zuck don’t give a Fuk 😂
That’s un-ironically a brilliant move. Move a worthless assent off the books, claim it as a loss on taxes and help it to offset the 600+mil settlement. Well played meta
Now they can recoup 1/10 of the money lost to metaverse!