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.
Coronavirus
Active Covid cases in country dip to 42,219
New Delhi (TIP)-India logged 4,194 new coronavirus infections, taking the total tally of Covid cases to 4,29,84,261, while the active cases dipped to 42,219, according to the Union Health Ministry data updated on Friday, March […]
Bollywood
Netizens hail Lara Dutta’s transformation as former Prime Minister Indira Gandhi
Actress Lara Dutta is playing the pivotal role of former Prime Minister Indira Gandhi. Her physical transformation has been hailed by her fans, who spotted her in the trailer which was launched a day back. […]
India
India, China pushing for settlement of ‘other outstanding issues’ besides Ladakh
New Delhi (TIP): India and China remain engaged in resolving the current crisis at the border but are also pushing to settle “other outstanding issues” said the Ministry of External Affairs (MEA) on Thursday, Nov […]
415673 929618Immigration Lawyers […]the time to read or check out the content or internet sites we have linked to below the[…] 797378