5 stories mentioning SSTK
Every FINWIRES story that references SSTK, newest first.
Shutterstock's (SSTK) GIPHY reported Tuesday a multi-year extension of its integration partnership with Meta Platforms (META).GIPHY said its library will continue to power GIF and sticker experiences across Meta's apps, including Facebook, Instagram, WhatsApp, and Messenger under the agreement.Price: $16.39, Change: $-0.32, Percent Change: -1.94%
The Federal Trade Commission said Wednesday that Shutterstock (SSTK) will pay $35 million to settle allegations it illegally made tens of millions of dollars from a wide range of deceptive and unfair practices.The FTC alleged that Shutterstock charged consumers for products without their informed consent and made it difficult to cancel subscriptions.Shutterstock didn't immediately reply to a request for comment from.Price: $15.74, Change: $-0.32, Percent Change: -1.99%
Shutterstock to Pay $35 Million to Settle FTC Allegations of Unfair and Deceptive Practices
Shutterstock's (SSTK) entire editorial business should be divested as as a remedy to the loss of competition if its proposed merger with Getty Images (GETY) is completed, the UK's Competition and Markets Authority said Thursday.After consulting with third parties, the regulator said in an interim report that the initial proposal of the two companies to divest Shutterstock's editorial business operating under the Backgrid and Splash brands would not be an effective remedy to the loss of competition due to the merger.The final decision on the merger is set for June 14, according to the regulator."We disagree with the provisional conclusions set out in the CMA's interim report on remedies," Getty Images said in an emailed statement to. A company spokesperson said that the company would provide further evidence to the regulator.Shutterstock did not immediately reply to a request for comment from.Price: $17.90, Change: $+0.10, Percent Change: +0.57%
Shutterstock (SSTK) said Wednesday it launched a new artificial intelligence video generator that combines text-to-video and image-to-video capabilities into a single unified platform.The software integrates external generation models from partners like Alphabet's (GOOG, GOOGL) Google and Runway with the company's existing media library, Shutterstock said.Users can use a text prompt or animate existing static images to build licensed commercial video content, the company said.The system allows teams to test concepts and finalize assets without relying on fragmented third-party tools, using multiple licensing choices to legally distribute their generated media, Shutterstock said.Shares of Shutterstock were up more than 2% in Wednesday trading.Price: $18.03, Change: $+0.42, Percent Change: +2.39%