$656.73
-12.48 (-1.86%)
At Close: Jul 13, 2026
Meta Platforms books 87% loss on Giphy in forced sale to Shutterstock
03:22am, Wednesday, 24'th May 2023
Facebook owner Meta Platforms Inc (NASDAQ:FB) has sold Giphy, the animated GIF search engine it bought for $400 million three years ago, to Shutterstock for just $53 million. The deal, which comes aft
Meta to lose millions as it moves to meet UK order to sell animated images supplier
02:57am, Wednesday, 24'th May 2023
Meta Platforms, Facebook's owner, has agreed to sell Giphy to Shutterstock for $53m (£42m), just three years after reportedly paying $400m for the animated images supplier.
6 Stocks With Heavy Call Flow: ENPH, META, MRNA, MSFT, NVDA, QCOM
10:46pm, Tuesday, 23'rd May 2023
Many investors don't pay attention to unusual options activity because options are too confusing and there can be multiple implications from a single data point.
Does Meta's $1.3B EU Fine Mean A Splintered Internet In The Future?
08:06pm, Tuesday, 23'rd May 2023
This recent ruling, coupled with the imposition of stricter data transfer policies, may mark the beginning of a tectonic shift towards a splintered internet
Facebook Parent Meta Sells Giphy To Shutterstock For $53 Million Under Pressure From UK Regulator
04:30pm, Tuesday, 23'rd May 2023
Shutterstock is said today it's buying Gipy from Meta Platforms for $53 million in cash with the deal expected to close in June. Giphy has world's largest collection of GIFs and stickers. The U.K.
U.S. Surgeon General warns that social media poses a ‘profound risk of harm' for children
04:28pm, Tuesday, 23'rd May 2023
Social media platforms pose “a profound risk of harm to the mental health and well-being of children,” and there is not enough “evidence to determine if social media is sufficiently safe for chi
Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
04:25pm, Tuesday, 23'rd May 2023
Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.
Be cautious of AI 'euphoria' as the sector is not a near-term investment play, Goldman Sachs' top stock strategist says
03:34pm, Tuesday, 23'rd May 2023
Goldman Sachs' chief US equity strategist told investors that AI trades are long-term investments. "There's a lot of euphoria around it," David Kostin told Bloomberg TV on Tuesday.
Meta Platforms (META) Bring Edit Message Feature on WhatsApp
01:09pm, Tuesday, 23'rd May 2023
Meta Platforms (META) launches WhatsApp edit your messages feature, which allows users to edit messages within 15 minutes after sending.
Meta sells Giphy at a significant loss after UK breakup order
11:17am, Tuesday, 23'rd May 2023
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company l
Meta Sells Giphy to Shutterstock, Ending U.K. Antitrust Fight
11:09am, Tuesday, 23'rd May 2023
The photo repository company is paying Facebook's parent $53 million, hundreds of millions less that what Meta paid.
Meta sells Giphy at a loss to Shutterstock
11:02am, Tuesday, 23'rd May 2023
Meta is selling Giphy at a loss to Shutterstock for $53 million after buying the social media animated images company in a 2020 deal reported to be worth between $315 million and $400 million. The
The AI Revolution: How Meta Platforms Is Positioning Itself for Success
10:30am, Tuesday, 23'rd May 2023
Artificial intelligence will help improve user experience on Meta's social media network. It will help advertisers become more successful.
Meta Platforms, Inc. (META) Is a Trending Stock: Facts to Know Before Betting on It
10:23am, Tuesday, 23'rd May 2023
Recently, Zacks.com users have been paying close attention to Meta Platforms (META). This makes it worthwhile to examine what the stock has in store.
Meta Unloads Giphy At A $250 Million Loss After U.K. Order
10:18am, Tuesday, 23'rd May 2023
Meta originally bought the platform for $315 million in 2020.
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