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SSTK News Highlights
- SSTK's 30 day story count now stands at 20.
- Over the past 26 days, the trend for SSTK's stories per day has been choppy and unclear. It has oscillated between 1 and 10.
- META, API and PERI are the most mentioned tickers in articles about SSTK.
Latest SSTK News From Around the Web
Below are the latest news stories about SHUTTERSTOCK INC that investors may wish to consider to help them evaluate SSTK as an investment opportunity.
Prince Harry Testifies in U.K. Phone-Hacking Case
Prince Harry appeared before a judge on Tuesday to accuse journalists at Mirror Group Newspapers of hacking his cellphone to get scoops. He became the first high-ranking British royal to give evidence in court in over a century. Photo: Andy Rain/Shutterstock
Big Tech Relies on Outsourcing. Lawsuits in Africa Could Upend That.
Facebook content moderators hired by a third-party contractor in Kenya are suing over working conditions. The contractor involved denies the allegations and Facebook parent Meta is arguing it shouldn’t be involved in the lawsuit. The outcome of this case and two others could have a profound impact on big tech and the industry’s outsourced workforce. WSJ South Africa-based business reporter Alexandra Wexler joins host Zoe Thomas to explain. Photo: Daniel Irungu/EPA-EFE/Shutterstock
Intel inside? Chinese firm Powerleader's 'home-grown' chip suspected of being a rebadged microprocessor from US giant, test results show
A purported new "home-grown" chip introduced by a Chinese computer hardware producer this month is suspected to be a rebadged integrated circuit (IC) from Intel Corp, according to a report by online tech news site Tom's Hardware, based on the results of a central processing unit (CPU) benchmark testing via online cross-platform utility Geekbench. Testing site Geekbench, a platform run by Canadian software developer Primate Labs, published the key parameters of Shenzhen-based Powerleader's Powers
Shutterstock, Inc. (NYSE:SSTK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Down -22.31% in 4 Weeks, Here's Why Shutterstock (SSTK) Looks Ripe for a Turnaround
Shutterstock (SSTK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Shutterstock's (NYSE:SSTK) Upcoming Dividend Will Be Larger Than Last Year's
Shutterstock, Inc. ( NYSE:SSTK ) has announced that it will be increasing its dividend from last year's comparable...
Facebook owner Meta sells Giphy and takes plus $260M loss after UK antitrust order
Facebook parent Meta will sell Giphy Inc. to Shutterstock for $53 million, well below the $400 million it paid for the platform in 2020 after U.K. regulators blocked the acquisition.
Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.
Meta sells Giphy for $53M to Shutterstock after UK blocked GIF platform purchase
Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns. The stock image service said it's paying cash for Giphy, which has 1.7 billion daily users and partners including Facebook, Instagram, WhatsApp, TikTok and Twitter. Shutterstock said it signed a deal to give Meta continued access to New York-based Giphy’s content across Meta’s platforms.
GIPHY To Divorce from Meta: Shutterstock To Buy The Company While Meta Secures Access Rights Content
Shutterstock Inc (NYSE: SSTK) disclosed the acquisition of GIPHY, Inc. from Meta Platforms, Inc (NASDAQ: META) for $53 million. GIPHY has the world's largest collection of GIFs and stickers, having 1.7 billion daily users, drawing over 1.3 billion search queries daily and powering over 15 billion daily media impressions. The GIPHY buyout boosts Shutterstock's generative AI and metadata strategy and expands its API ecosystem to include more than 14,000 API/SDK partners. With the acquisition, Shut