News for hackers. Stuff that matters.

A comment on Facebook owner Meta to sell Giphy after UK watchdog confirms ruling. Parent comment

Re:Facebook owner Meta to sell Giphy after UK watchdog confi... by notahacker on Tuesday October 18, 2022 @11:51AM (#33249293)
There's no real limit to the supply of gifs on the internet, and yet Meta spent $600m on a website hosting third party gifs that made almost zero revenue. I don't think they were going to get very far with arguments that nobody cares about gifs...

One the other hand, the owner of Giphy absolutely does get to limit which websites get to continue displaying the gifs that several years' of their user-generated content backlinked to Giphy.com

Not surprising that some bodies think the party making that decision shouldn't be Meta.

[ Parent | on HN ]
Re:Facebook owner Meta to sell Giphy after UK watchdog confi... by ch4s3 on Tuesday October 18, 2022 @12:43PM (#33250220)
> One the other hand, the owner of Giphy absolutely does get to limit which websites get to continue displaying the gifs that several years' of their user-generated content backlinked to Giphy.com

I guess my question would be so what? You can cache them on your own system, if you wanted. However, I doubt historical shit posts and reaction gifs have any real value to anyone. Frankly it seems laughable that Facebook paid $660m for Gify in the first place.

[ Parent | on HN ]
Re:Facebook owner Meta to sell Giphy after UK watchdog confi... by Apocryphon on Tuesday October 18, 2022 @01:49PM (#33251270)
> Frankly it seems laughable that Facebook paid $660m for Gify in the first place.

It's another vector for collecting user analytics.

[ Parent | on HN ]
Re:Facebook owner Meta to sell Giphy after UK watchdog confi... by ch4s3 on Tuesday October 18, 2022 @03:39PM (#33252771)
I question the value there. Who cares that someone likes Seinfeld clips with George? Is that worth anything at all? You can get basically that data from Experian anyway without all of the hassle.
[ Parent | on HN ]
Re:Facebook owner Meta to sell Giphy after UK watchdog confi... by Apocryphon on Tuesday October 18, 2022 @06:20PM (#33254812)
Maybe someone should have told Meta that when they bought Giphy!
[ Parent | on HN ]
Re:Facebook owner Meta to sell Giphy after UK watchdog confi... by ch4s3 on Tuesday October 18, 2022 @07:44PM (#33255596)
I’m pretty sure the general tone here at the time could be summarized as “what they fuck are they thinking.”
[ Parent | on HN ]