Facebook Buys Giphy For 400 Million Will Be Part Of Instagram
Facebook Buys GIPHY The incident was reported by Axios and later confirmed by Facebook in a blogpost and although Facebook didn’t mention the financial terms, Axios says that Facebook bought the GIF creation and sharing platform for around $400 million. With this new deal, Facebook plans to integrate the GIF well with the stories and other features of Instagram. It also plans to integrate the library of GIPHY to other Facebook-owned apps too....