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.
Asia
Twitter Blocks ‘HafizSaeedLive’ Account
Twitter on Thursday, July 14, has blocked the account of Jamaat-ud-Dawa (JuD) chief and 2008 Mumbai terror attacks mastermind Hafiz Saeed. The micro-blogging site apparently on its own took the action against the JuD chief. […]
United States
One dead, two arrested after shooting behind Fort Worth shopping center
FORTWORTH, TX(TIP): Fort Worth police arrested two shooting suspects after they ran and attempted to hide inside Hulen Mall. The shooting happened behind a shopping center at Hulen Street and South Drive, but the two […]
Misc
Consulate General of India, Houston
Public Notice Regarding Change in Outsourcing Service Provider Cox & Kings (CKGS) ceases operations; VFS Global will be the new service provider HOUSTON (TIP): The Indian Consulate at Houston has issued the following press release […]
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