Facebook’s Acquisition of GIPHY: Potential Competition Issues (Congressional Research Service)

From the Congressional Research Service, and in PDF form: Facebook’s Acquisition of GIPHY: Potential Competition Issues. “Facebook is now facing antitrust lawsuits, some of which focus on its past acquisitions. This Insight discusses how Facebook’s acquisitions can affect competition in digital advertising and the potential implications of the antitrust lawsuits on Facebook’s acquisition of GIPHY.”

CNBC: Facebook’s acquisition of Giphy to face in-depth UK competition probe

CNBC: Facebook’s acquisition of Giphy to face in-depth UK competition probe. “Britain’s competition regulator said Thursday that it was referring Facebook’s acquisition of GIF database Giphy for an in-depth investigation. The Competition and Markets Authority (CMA) recently completed its initial probe into the Facebook-Giphy merger — which has already closed — and concluded that the deal raises competition concerns.”

PR Newswire: Getty Images to Acquire Unsplash, the Preeminent Image Platform for Global Creators (PRESS RELEASE)

PR Newswire: Getty Images to Acquire Unsplash, the Preeminent Image Platform for Global Creators (PRESS RELEASE). “Getty Images, a world leader in visual communications, and Unsplash, the preeminent image platform for global creators, today announced they have entered into a definitive agreement under which Getty Images will acquire Unsplash. Getty Images will fund the transaction from existing cash balances and the transaction is expected to close at the close of the month.”

VentureBeat: Opera acquires YoYo Games for $10 million and launches Opera Gaming division

VentureBeat: Opera acquires YoYo Games for $10 million and launches Opera Gaming division. “Web browser maker Opera has acquired YoYo Games, maker of the GameMaker Studio 2 game engine, for $10 million, and it has also launched its Opera Gaming division. The deal underscores Opera‘s efforts to differentiate its web browser, Opera GX, through a gaming community. Opera itself has more than 380 million people using its web browsers worldwide, but the new Opera GX gaming browser has seven million monthly active users as of December, up 350% from a year earlier.”

CNN: Reddit is buying TikTok rival Dubsmash

CNN: Reddit is buying TikTok rival Dubsmash. “Message board juggernaut Reddit is accelerating its push into video, snapping up a sharing platform that is popular with young people and women. Reddit said in a statement on Sunday that it has acquired TikTok rival Dubsmash. It did not disclose the financial terms of the deal.”

Sports Collectors Daily: Lelands Acquires Brown Brothers Photo Archive

Sports Collectors Daily: Lelands Acquires Brown Brothers Photo Archive. “A well-known photography archive, with roots in the early 20th century, has been acquired by Lelands. The company has acquired the archives of Brown Brothers, recognized as the most comprehensive American stock photo library covering events of the 20th century. Included are images of some of the most famous athletes in American history.”

New York Post: Quartz up for sale just two years after it was sold by Atlantic Media

New York Post: Quartz up for sale just two years after it was sold by Atlantic Media. “Even before the pandemic, pressure was mounting on the eight-year-old financial news operation. In May 2019, the company imposed deep cuts, laying off 80 people, or 40 percent of its staff, after it said business dropped by 54 percent during the first quarter of that year. The editorial staff at that time was reduced to 50 people from 85. In its most recent earnings report, the company said that its revenue from Quartz plunged to $5 million in the first half of 2020 from $11.6 million a year earlier.” I loved Quartz until it started beating me over the head with a heavy paywall.