According to rumours, there has been another twist in the drama of Meta’s effort to acquire GIF-sharing service Giphy. The Competition Appeal Tribunal has ordered the Competition and Markets Authority (CMA) in the United Kingdom to rethink its prior judgement ordering Meta to sell Giphy. “In light of this discovery, we have decided to rethink our decision,” the CMA stated in a statement. It anticipates that the procedure will take no more than three months.
