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Meta to sell Giphy after UK watchdog confirms ruling

theguardian.com

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Re: Meta to sell Giphy after UK watchdog confirms ruling

#11

Post by webmobdev »

pipeline_peak wrote: post #7
smcleod wrote: post #2

Glad to see this. Now split up the whole company.

Split up what, a declining social network for boomers? You all love to point the finger at Facebook in this 90s evil Microsoft fashion. Well TikTok is erecting behind your back and they're no stranger to data selling and Chinesr govt affiliation.

Credit where credit is due, Meta / FB identified early on that people are moving on to mobile and acquired WhatsApp and Instagram at the right time (WhatsApp and Instagram are extremely popular with the young).

Re: Meta to sell Giphy after UK watchdog confirms ruling

#12

Post by tjpnz »

hunterb123 wrote: post #8

Why care what the UK has to say about US matters? Especially about whether a social media company can own a meme gif repo... There's got to be much more pressing matters for them right?

>Why care what the UK has to say about US matters?

Because the UK could ban Meta from operating there if it didn't comply.

Re: Meta to sell Giphy after UK watchdog confirms ruling

#14

Post by hunterb123 »

tjpnz wrote: post #12
hunterb123 wrote: post #8

Why care what the UK has to say about US matters? Especially about whether a social media company can own a meme gif repo... There's got to be much more pressing matters for them right?

>Why care what the UK has to say about US matters? Because the UK could ban Meta from operating there if it didn't comply.

FB should call their bluff and tell them to spin up a version of China's great firewall and try to block people then.

I guess UK does already have a firewall with it's nanny-state porn filters though.

I can see it now, "All of UK blocked FB today because of meme gif service purchase" Great headline, wonderful use of regulation /s

Meanwhile you have actual problems going on and a crashing economy, but at least we prevented a meme service from being bought!

Re: Meta to sell Giphy after UK watchdog confirms ruling

#16

Post by Cymrukicks »

tjpnz wrote: post #4

>"We will continue to evaluate opportunities – including through acquisition – to bring innovation and choice to more people in the UK and around the world." How do the people writing this shite sleep at night?

Quite easily on a very expensive bed they bought with that Meta money.

Re: Meta to sell Giphy after UK watchdog confirms ruling

#17

Post by dom96 »

hunterb123 wrote: post #14
tjpnz wrote: post #12

Earlier quoted context omitted.

>Why care what the UK has to say about US matters? Because the UK could ban Meta from operating there if it didn't comply.

FB should call their bluff and tell them to spin up a version of China's great firewall and try to block people then. I guess UK does already have a firewall with it's nanny-state porn filters though. I can see it now, "All of UK blocked FB today because of meme gif service purchase" Great headline, wonderful use of regulation /s Meanwhile you have actual problems going on and a crashing economy, but at least we prev…

Meta also has offices and thousands of employees in the UK. Presumably the UK government could ban them from operating in the UK completely which would be a pretty big hit to those employees and all the teams that are based there.

Re: Meta to sell Giphy after UK watchdog confirms ruling

#19

Post by hunterb123 »

dom96 wrote: post #17
hunterb123 wrote: post #14

Earlier quoted context omitted.

FB should call their bluff and tell them to spin up a version of China's great firewall and try to block people then. I guess UK does already have a firewall with it's nanny-state porn filters though. I can see it now, "All of UK blocked FB today because of meme gif service purchase" Great headline, wonderful use of regulation /s Meanwhile you have actual problems going on and a crashing economy, but at least we prev…

Meta also has offices and thousands of employees in the UK. Presumably the UK government could ban them from operating in the UK completely which would be a pretty big hit to those employees and all the teams that are based there.

The question is if the UK wants to really destroy thousands of jobs over a gif service acquisition, especially in this economy.

I would hope they wouldn't do that to their own people. You're not really hurting FB, you're hurting your own citizens.

Is that really the best use of regulation, political power, etc?

Can FB buy Tenor then? Is any gif service off limits?

Who can buy Giphy? Any other social media?

Re: Meta to sell Giphy after UK watchdog confirms ruling

#20

Post by dingaling »

aaronharnly wrote: post #10

> The regulator said Meta would be able to increase its “already significant market power” by cutting off the supply of gifs to rivals, or demand more user data from them in order to keep using Giphy. I’m imagining a future in which Meta cuts off the winter supply of GIFs to the European Union, setting the populace into a restive period of incoherent communication. Perhaps the EU, UK, and US should establish strategi…

Surely this is a market issue. Give it sufficient time and someone will work out how to wrap a derivative around GIFs.
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