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Facebook acquiring Giphy raises alarms with Congress

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With Facebook acquiring Giphy, a bipartisan group of senators are sounding the antitrust enforcement alarm Friday over Facebook’s newly announced acquisition of Giphy, a GIF-making and sharing website. On Friday, Facebook announced that it would acquire Giphy for the reported price of $400 million. Giphy is one of the largest GIF sites on the internet and social media and messaging services like Twitter, Tinder,...

Read more about Facebook acquiring Giphy raises alarms with Congress on Lunarsoft.

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