
Well, Well, Well…
Over a year after announcing their acquisition of GIF-making-and-hosting site Giphy, Facebook has been slapped with a $70 million fine in relation to an ongoing investigation by UK regulators. It seems that back in August, the country’s Competition and Markets Authority (CMA) launched an antitrust probe into the tech giant’s ongoing acquisition. It subsequently issued something called an initial enforcement order (IEO), which would freeze … Continue reading Well, Well, Well…