Giphy was never about the GIFs

Today: the coming test for Facebook and Giphy, Tesla goes real-estate shopping, and the Indian startup everyone wants to invest in.

For more on today’s stories:
Protocol’s interview with John Borthwich on the Facebook-Giphy deal
Why so many companies want to invest in Reliance and Jio
The WSJ report on the looming antitrust action against Google

For all the links and stories in today’s episode, head to Source Code’s homepage.

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Welcome to Source Code, Protocol's show about the people, power and politics of tech. Twice a week, we talk to the most important people, and about the most important stories, happening all over the world of tech.