Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around $400 million by news website Axios. The… Read More Facebook acquires GIF website Giphy, to integrate it with Instagram
The U.S. Department of Commerce on Friday announced that it was extending the Temporary General License that allows certain transactions with Huawei Technologies Co Ltd for another 90 days. The license allows certain transactions despite Huawei’s placement on a blacklist that restricts U.S. suppliers from doing business with the Chinese company.