Meta, the parent company of Facebook and Instagram, will sell the GIF-sharing website Giphy to Shutterstock for $53 million — at a loss of over $260 million — after an order by British antitrust regulators.

In other antitrust news, a federal judge has ordered American Airlines and JetBlue to end their partnership in the Northeast, siding with the Justice Department, which argued the alliance would reduce competition and lead to higher costs for travelers. The Justice Department also has a pending anti-monopoly suit against the $3.8 billion merger of JetBlue and fellow budget carrier Spirit Airlines.