Facebook Buys Giphy For $400 Million, Will Integrate With Instagram

Facebook Buys Giphy For $400 Million, Will Integrate With Instagram
Many Facebook app users are likely familiar with Giphy, as the API for the animated GIF service is integrated with the website. Facebook says that 50% of Giphy’s traffic comes from the Facebook family of apps, with half of that traffic from Instagram alone. For those unfamiliar with Giphy, it’s described as a leader in visual expression and

Source: Hot Hardware – Facebook Buys Giphy For 0 Million, Will Integrate With Instagram