Business

UK competition watchdog orders Facebook to sell off Giphy

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 ...

Business

From crypto to COVID: Why auction prices are rocketing

From Albert Einstein's notes to a record-breaking Frida Kahlo to a 6.6-million-euro triceratops—auction houses have lately seen a string of record-breaking items going under the hammer and through the roof.

Telecom

Latest Vega launch paves way for Vega-C

Arianespace announced liftoff of Vega's twentieth flight from Europe's Spaceport in French Guiana at 9:27 GMT (10:27 CET; 06:27 local time). Vega delivered three CERES payloads for the French Ministry of the Armed Forces.

Business

UK music streaming faces scrutiny from competition watchdog

Regulators are stepping up scrutiny of the United Kingdom's music streaming market to see whether there is enough competition after lawmakers outlined concerns that major online platforms like Spotify may be too dominant.

Business

UK watchdog: Facebook's ownership of Giphy hurts competition

Facebook's ownership of Giphy will hurt competition for animated images, U.K. regulators said Thursday, meaning the social network could ultimately be forced to unwind the deal if the provisional findings are confirmed.

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