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Meta Platforms (META): UK CMA orders Meta to sell Giphy – finds that Meta’s purchase of Giphy would limit choice for UK social media users and reduce innovation in UK display advertising
Social media beast Meta, owner of Facebook shares were savaged around 20% to levels last seen in July 2016. META reported third quarter revenue and EP
[See the full post at: Meta in Freefall as Profits Halved and Lowers Guidance]
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