Aaj TV English News - News https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Thu, 09 Apr 2026 04:38:59 +0500 Thu, 09 Apr 2026 04:38:59 +0500 60 UK fines Facebook £50.5 mn over takeover https://english.aaj.tv/news/30269598/ <p><strong>LONDON: Britain's competition watchdog said Wednesday it had fined Facebook more than £50 million for failing to supply information linked to its takeover of Giphy.</strong></p> <p>The Competition and Markets Authority said the fine totalling £50.5 million ($69.5 million, 60 million euros) was imposed for "consciously refusing to report all the required information" concerning the takeover of the animated graphics startup it bought last year.</p> LONDON: Britain's competition watchdog said Wednesday it had fined Facebook more than £50 million for failing to supply information linked to its takeover of Giphy.

The Competition and Markets Authority said the fine totalling £50.5 million ($69.5 million, 60 million euros) was imposed for "consciously refusing to report all the required information" concerning the takeover of the animated graphics startup it bought last year.

]]> https://english.aaj.tv/news/30269598 Wed, 20 Oct 2021 21:00:38 +0500 none@none.com (AFP) The logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. AP Photo