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Communications Services Down On Growth Concerns -- Communications Services Roundup

11/30/2021 | 05:14pm EST

Communications services companies fell sharply amid doubts about the outlook for the sector's growth.

Twitter said users will no longer be able to share private media, such as photos and videos, of another person without their permission, a move aimed at improving privacy and security.

The U.K.'s top competition regulator directed Meta Platforms, formerly Facebook, to sell social-media animated-images company Giphy, saying its acquisition could limit competition among platforms and U.K. advertisers.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

11-30-21 1713ET

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