Facebook buys GIF website Giphy to integrate with Instagram

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Popular website for making and sharing animated images.

Facebook buys GIF website Giphy to integrate with Instagram
Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, Facebook said in a blog post on Friday. The cost, which was not disclosed, was placed at around $400 million by news website Axios. The companies did not immediately respond to requests for ...

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