When Facebook confirmed that it had acquired Giphy last week for a cool $400 million, the reasons weren’t immediately apparent. Giphy has only the seeds of an advertising business, and GIFs aren’t a ...

Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by Axios. Facebook ...

Facebook has bought the GIF-sharing service Giphy, which will now be a part of Instagram. It plans to integrate Giphy’s library more deeply into Instagram (where GIFs are especially prevalent in ...

This is the social networking giant's fifth-largest acquisition to date. "A lot of people in our community already know and love GIPHY," Shah wrote in a blog post announcing the deal. "In fact, 50% of ...

As advertising revenue begins to take a bigger hit due to the coronavirus pandemic, Facebook is making a significant bet to diversify its toolkit with the reported $400 million Giphy acquisition. The ...

In a surprise move, Facebook has announced today that it is purchasing the popular GIF service Giphy. The deal is worth about $400M and Facebook’s initial plan will be to tie the GIF platform tightly ...

Posts from this topic will be added to your daily email digest and your homepage feed. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at ...

Facebook bought GIPHY for $400 million Friday, with plans to more tightly integrate with Instagram. Axios was the first to report the deal. “By bringing Instagram and GIPHY together, we can make it ...

Once upon a time, Facebook did not support GIFs. In fact, there was a time when Facebook supported the file format and then took that support away. Developers tried to hack it. One group succeeded, in ...

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 ...

A few months ago, the team at the money-losing GIF search engine, Giphy, reached out to Facebook Inc. Might the social networking company be interested in an investment? Already, about half of Giphy’s ...

Posts from this topic will be added to your daily email digest and your homepage feed. 15 months ago, Facebook said it was buying the popular GIF search engine Giphy for about $400 million. Now the ...