The UK Competition and Markets Authority announced last week that it is investigating Facebook's acquisition of Giphy for "potential lessening of competition". In an online post, the watchdog said that...
The deal is expected to face regulatory challenges due to potential antitrust implications
The regulator is seeking comments on the impact of the deal on competition in the UK
The company is betting $28 billion on remote working
OneWeb's emergence from bankruptcy means buyout by the UK government and Bharti Global can go ahead.
Both firms expect the deal to close at the end of 2021