The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images. The Competition and Markets Authority said Tuesday that the deal would let Facebook, which has been renamed Meta, “increase its already significant market power” by denying or limiting other platforms’ access to Giphy GIFs and driving traffic to Facebook-owned sites. It’s reportedly the first time the watchdog has sought to unwind a tech deal.
Health
Sniffing other people’s body odor may help treat mental health issues: Study
Exposure to human odours, collected from other people’s sweat, may be used to boost treatment for some mental health issues, a new study has shown. According to the study by European Psychiatric Association (EPA), the […]
World
Death toll rises to almost 200 after attacks in central Nigeria
NIGERIA (TIP): The death toll from a series of attacks on villages in central Nigeria has climbed to almost 200, local authorities said December 27, as survivors began to bury the dead. Armed groups launched […]
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