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welcome to tech crunch daily news a roundup of the top tech news of the day.

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Facebook acquires a popular Giff search engine,

video game sales see major growth,

and Sorrento reports promising results for a COVID-19 treatment.

Here's your daily crunch for May 15, 2020.

First up, Facebook will acquire Giffy, the web-based animated Giff's search engine and platform provider.

The company confirmed the deal, but isn't disclosing the terms.

Aixios reports that it's worth about $400 million.

Giffy has grown to be a central source for shareable, high engagement content, and its

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