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Slack Technologies Inc (NYSE:WORK) Files Antitrust Complaint Against Microsoft Corporation (NASDAQ:MSFT)

Slack Technologies Inc (NYSE:WORK) filed a competition complaint against Microsoft Corporation (NASDAQ:MSFT) with the European Commission. The workplace-communication software maker said it launched legal proceedings against Microsoft over its Team software, its meeting software. There has been growing scrutiny of major tech companies, especially regarding their market share and influence. Team is Slack‚Äôs main competitor […]

Facebook Inc. (NASDAQ:FB) To Acquire Giphy For $400 million And Plans Integration With Instagram

On Friday, Facebook Inc. (NASDAQ:FB) announced that it will acquire animated GIFs Company Giphy in a deal estimated to be around $400 million. The company is planning to integrate the extensive GIF library to its Instagram app. Facebook to integrate Giphy into Instagram Giphy is expected to continue operating its GIF library. In a statement, […]