TECH NEWS

Getty scraps its $3.7bn Shutterstock merger after a UK regulator won’t budge

A $3.7bn plan to merge the world’s two biggest stock-photo libraries has collapsed. The reason is not America, where regulators waved it through. It is Britain, where a single condition proved a deal-breaker.

Getty Images will terminate its merger with Shutterstock, the company said this week. Its board voted unanimously to walk away after the UK’s competition regulator attached a condition it would not meet. The plan, first reported by the Wall Street Journal, is to end the agreement on 6 July, barring a late change of circumstances.

The deal was announced in January 2025 as a “merger of equals.” It would have combined Getty’s picture-and-video wire service with Shutterstock’s library of some 450mn images. The new company would have sat under Getty chief executive Craig Peters. The two firms projected $150mn to $200mn in cost savings within three years.

Cleared in the US, blocked in the UK

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The DEA Plans to Ban Opioid-Like Kratom Compound 7-OH

The Drug Enforcement Administration plans to temporarily ban 7-OH, a component of kratom that has opioid-like effects and is sold in gas stations and smoke shops around the country in the form of gummies, drinks, and capsules. In a draft notice of intent in the Federal Register, scheduled to be

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The video game disc is dead

David Pierce is editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. For decades, to be a gamer was to accumulate a lot of stuff. Consoles, controllers, accessories, weird VR gloves that never worked properly, but mostly

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Ctrl+Alt+Oops: FortiBleed criminal's logins stitch two gangs together

Researchers scoured logs, finding opsec fail for at least one person who was working with INC and Lynx simultaneously Security sleuths say last month’s FortiBleed campaign is tied to two separate ransomware groups, after they found evidence of one initial access broker group member logged in to two affiliate

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SAP snaps wallet shut for travel and hiring so it can keep shoveling cash into AI

AI AND ML Enterprise software giant confirms it's 'applying discipline' when it comes to hiring and business trips as tries to keep pace SAP is cutting hiring and business travel to boost its investment in AI amid intensifying competition in the enterprise application market. According to

Cleared in the US, blocked in the UK

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The DEA Plans to Ban Opioid-Like Kratom Compound 7-OH

The video game disc is dead

Ctrl+Alt+Oops: FortiBleed criminal's logins stitch two gangs together

SAP snaps wallet shut for travel and hiring so it can keep shoveling cash into AI