Neeva is Now a Former ‘Google Killer’

As Omar Little liked to say on The Wire, “If you come after the King, you best not miss.” And my fellow Localogy analyst Mike Boland and I have often discussed a variation on this theme on the This Week in Local podcast. We’ve noted the long succession of companies and products that have either […]
GIF Giving: Meta Sells Giphy to Shutterstock

Meta has entered into an agreement with Shutterstock to sell Giphy for $53 million. It acquired the GIF engine in 2020 for $400 million, meaning that it will recoup about 13 percent of the original investment. That’s a big write-down but there’s more to it.