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A comment on After September 1, 2023, all Gfycat content and data will be deleted. Parent comment

Re:After September 1, 2023, all Gfycat content and data will... by yareally on Saturday July 01, 2023 @11:01PM (#36557799)
Snapchat bought them last year. Probably related.
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Re:After September 1, 2023, all Gfycat content and data will... by rafark on Sunday July 02, 2023 @10:59AM (#36562034)
Why would they buy something only to shit it down? Why would you burn money like that?
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Re:After September 1, 2023, all Gfycat content and data will... by turmacar on Sunday July 02, 2023 @11:59AM (#36562692)
This is SOP for businesses, especially internet businesses, trying to lock down competition so they don't have to compete but can just be the only relevant business.

Getting bought up has not generally been a positive thing for anyone but the founders cashing out in a long time.

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