The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images. The Competition and Markets Authority said Tuesday that the deal would let Facebook, which has been renamed Meta, “increase its already significant market power” by denying or limiting other platforms’ access to Giphy GIFs and driving traffic to Facebook-owned sites. It’s reportedly the first time the watchdog has sought to unwind a tech deal.
Hinduism
Navagraha – The nine influential heavenly bodies
Ancient Indian scholars extensively studied the stars and other celestial bodies in the never-ending spatial sky. This thorough study of astronomy and astrology eventually created the Jyotish Shastra which explained how the Navagraha, literally meaning […]
India
Canadian Speaker to skip P20 meet; India firm on cut in diplomatic staff
New Delih (TIP)- Speaker of the Canadian Senate Raymonde Gagne is set to skip the meeting of presiding officers of G20 national parliaments that started in the Capital on Thursday, October 12. Lok Sabha sources […]
United States
The Eye Foundation of America UK Board Meeting held
Founder and President of the EFA Dr. Raju traveled to London to conduct the first ever meeting of the UK Board NEW YORK / LONDON (TIP): Dr. VK Raju, founder and president of the Eye […]
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