Tag: shutterstock

Here you will find all the articles with the tag: shutterstock.

Meta sells Giphy to Shutterstock at a massive loss

Meta sells Giphy to Shutterstock at a massive loss

Meta has been compelled to divest from Giphy based on competition concerns. The company, then still called Facebook, acquired the GIF sharing platform for $315 million in 2020. Giphy monetizes its services by enabling companies to create branded GIF images, which are then seamlessly integrated i... Read more

date11 days ago
Shutterstock partners with OpenAI to create AI-generated images

Shutterstock partners with OpenAI to create AI-generated images

Shutterstock partnered with OpenAI to create AI-generated images using the DALL-E API. Shutterstock has been providing stock images to organizations for years. Customers use the service to create brand campaigns and artwork. The business plan for Shutterstock has stayed the same: people upload i... Read more

date7 months ago