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.
India
BrahMos, Agni, Prithvi II: Lethal missiles India tested amid twin border threats
With twin threats lurking at India’s northern and western borders from China and Pakistan, the country in 2022 made giant strides in successfully testing a host of lethal and advanced missiles, including the Agni V […]
Cricket
‘Arrogant, utterly classless individual’: Sreesanth’s bursts into tirade over Gambhir’s ‘smile’ Instagram post
Former Indian fast bowler Sreesanth alleged on Thursday, December 7, that Gautam Gambhir, his former teammate, accused him of being a “fixer” during a Legends League Cricket encounter. The incident transpired in an Eliminator match […]
Indian Americans
Indian American Democrats win congressional primaries unopposed
NEW YORK(TIP): Indian Americans appear to be doing well in politics. In the latest political bouts, Hiral Tipirneni and Sanjay Patel ran and won unopposed on August 28 Democratic primaries in Arizona and Florida. On […]
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