Facebook buys Giphy for $400 million and plans to integrate it into Instagram
Facebook announced the acquisition of Giphy for $400 million. They plan to incorporate the entire Gifs library into Instagram. Surprisingly, Facebook announced the purchase of Giphy, one of the world’s most popular GIF platforms, for $400 million. In a statement, people headed by Mark Zuckerberg explained that their plan is to integrate the entire GIF … Read more