To end the week, many are worried about news that has surfaced of Facebook’s planned acquisition. If you’ve used iMessages, Twitter, Slack, or most messaging platforms, chances are you’ve seen GIFs integrated into it through Giphy’s archive.
Giphy owns their space for curated GIFs both old and new as well as online stickers. They allow users to upload self made products to make message much more robust and being a huge fan of using GIFs to get the message across, can do nothing but appreciate their work. As of this week, it is said they will be acquired for a pretty $400 million dollars.
This reduces the value of this company once acquired but it must be enough for Facebook to pull the trigger on the deal. There is a possibility that there will be some improvements to the platform and make using Instagram more captivating.