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Meta’s acquisition of Giphy blocked by UK regulator

Facebook parent company Meta has been ordered by the UK competition regulator to sell Giphy, the online database for gifs it bought in May 2020 for $400 million. The Competition and Markets Authority blocked the acquisition on Tuesday, following an investigation during which it determined the deal could harm social media users and UK advertisers. The investigation found that by …

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Quantum computing heavyweight arrives as merger creates Quantinuum

Honeywell Quantum Solutions and Cambridge Quantum, two big companies in the nascent but potentially revolutionary quantum computing technology, completed merger plans to become a new company called Quantinuum on Tuesday. The new 400-employee company is a bigger competitor to tech giants like Google, IBM, Intel and Microsoft that also hope to cash in on quantum computing. The two companies each …

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