Facebook Giphy merger stays on ice after failed challenge to UK competition regulator Facebook has failed to neutralise an order from Britain's competition regulator freezing its buyout of Giphy after having "sat on its hands" and failed to answer questions, the Court of Appeal has found. Judge Sir Geoffrey Vos said "the central problem in this case was entirely of Facebook's own making" as he dismissed its …
Not entirely surprising seeing as they have the capital to just *buy* a lot of jurisdictions that have objections... certainly more than enough money to "wait it out" in court.
Unfortunately for Zuck, foreign courts are not in love with American profiteers like American courts are.
I always marvel at the intelligence of people who can purposely lie in order to get money.
Giphy is a company that wants to track you, just like Google. In order to do so, they imagined chat images, because everyone likes to add an emoticon now and then.
They made them funny, which makes them appealing, increasing their chance of use.
But all of this is to enhance their tracking ability, siphoning your private life to sell it to ad companies.
Giphy is a bunch of vampires.
Not surprising that El Zuck wants to get his hands on it.
Unfortunately, even if the lucky event happens, he will still have more money than most of the world will see in several lifetimes. What's needed is to dismantle his empire and remove all his money, and because I don't trust him, all his family's and friend's money as well. If they can prove that they won't pass it back to dear old Mark then they can have their money back.
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