Facebook has purchased the GIF-maker Giphy and plans to make it part of the Instagram team.
A report from Axios values the deal at $400m (£330m), but Facebook would not confirm the final price.
Facebook has purchased the GIF-maker Giphy and plans to make it part of the Instagram team.
A report from Axios values the deal at $400m (£330m), but Facebook would not confirm the final price.
