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UK competition watchdog fines Meta $2 million over Giphy acquisition

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UK competition watchdog fines Meta  million over Giphy acquisition

The UK’s Competition and Markets Authority (CMA) has fined Meta (formerly Facebook) $2 million for failing to disclose key changes in its $315 million acquisition of online database and search engine Giphy.

According to the CMA, Meta failed to notify the regulator of the resignation of three key employees and the reassignment of their roles.

In November, U.K. antitrust regulators ordered Meta to sell Giphy because the acquisition could hurt social media users and U.K. advertisers.

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Facebook acquired the online GIF platform in May 2020.

Britain’s anti-competition watchdog ruled that Facebook’s acquisition of Giphy would reduce competition among social media platforms, and the deal has already made Giphy less of a potential challenger in the display advertising market.

“Facebook and Giphy’s partnership has eliminated a potential challenger in the display ad market. If not acted, it will also allow Facebook to further enhance its significant market power in social media by controlling rivals’ access to Giphy’s GIFs,” Stuart McIntosh, chairman of the Independent Investigation Panel, said.

“By requiring Facebook to sell Giphy, we are protecting millions of social media users and fostering competition and innovation in digital advertising,” he said in a statement.

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Prior to the merger, Giphy had launched an innovative advertising service that was considering expanding beyond the US, including the UK.

Giphy’s services enable companies like Dunkin’ Donuts and PepsiCo to promote their brands through visual images and GIFs.

The CMA found that Giphy’s ad service has the potential to compete with Facebook’s own display ad service.

Complete News Source : Business Standard

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YouTube

YouTube marks 20th anniversary by launching new useful features What’s new

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YouTube marks 20th anniversary by launching new useful features What’s new

YouTube has celebrated its 20th anniversary with several new features, including functional upgrades and new features for YouTube TV. The platform has introduced personalised radio stations via Ask Music, which is available to YouTube Premium and YouTube Music users on both iOS and Android devices. Additionally, YouTube is rolling out the ability to fast-forward.

YouTube TV members will gain the ability to build their own multiview experiences, starting with a selection of non-sports content from a small group of popular channels. The platform is introducing improved navigation, better playback quality, and easier access to features such as comments, channel information, and more through videos at 4x speed, providing more.

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  1. Delete Unnecessary Emails: Regularly clearing unwanted emails helps maintain storage. Open Gmail in your browser or mobile device, go to your Inbox, Social, or Spam folder, filter messages, select emails to delete or check the box to select all emails in the folder, and click the “Delete” button. The emails will be moved to the Trash folder Empty Your Spam and Trash Folders: If deleted emails remain in your Trash.
  2. Unsubscribe from Unwanted Emails: Open a promotional email and click “Unsubscribe” at the bottom of the email to reduce future accumulation April 2025 — YouTube, the world’s largest video-sharing platform, is celebrating its 20th anniversary with the launch of several innovative features aimed at enhancing user experience, empowering creators, and embracing the future of digital content.

  3. 1. AI-Powered Video Summaries
    One of the most anticipated features is AI-generated video summaries, which will now appear below eligible videos. This allows viewers to preview content quickly and decide whether to watch the full video. The summaries are automatically created using advanced natural language processing and are designed to boost discoverability and engagement.

  4. 2. “Jump Ahead” Smart Chapters
    YouTube is introducing smart chapters with “Jump Ahead” capabilities, allowing viewers to skip to the most engaging parts of videos based on audience retention data. The feature leverages machine learning to identify sections that retain viewers the most and gives users a prompt to “Jump Ahead” with a single tap.

  5. 3. Creator Insights Dashboard Upgrade
    For content creators, YouTube has upgraded its Creator Studio Dashboard with enhanced real-time analytics, audience mood tracking, and AI-suggested titles and tags. The platform’s algorithms now offer dynamic suggestions for improving performance, personalized for each creator’s channel and content style.

  6. 4. YouTube Create App Expansion
    Following positive feedback from beta users, YouTube is officially rolling out the YouTube Create app in over 30 new countries. This free mobile video editing tool includes features like auto-captions, royalty-free music, filters, and multi-clip editing — giving creators more control without the need for expensive software.

  7. 5. Enhanced Live Shopping Tools
    With e-commerce booming, YouTube is expanding its Live Shopping tools, allowing creators to tag mini-social network within the platform. These tools are products, integrate affiliate links, and host shoppable livestreams with real-time viewer interaction. The new update supports multi-vendor support, making collaborations with brands smoother and more profitable.

  8. 6. Smart TV Upgrades
    YouTube is giving its TV interface a refresh, introducing a sleeker design with quicker access to playlists, subscriptions, and smart recommendations. A new “Ambient Mode interactive content suggestions and previews when the app is idle, turning the TV into a dynamic home hub for entertainment.

  9. 7. Community Tab Enhancements
    To improve engagement, YouTube is enhancing its Community Tab with interactive stickers, polls, countdowns, and quizzes — turning it into a mini-social network within the platform. These tools are aimed at helping creators keep their audience involved even between video uploads.
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  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

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