On one level, the Gif, or graphics interchange format, is a mere file suffix, such as .jpg or .doc. The images are grainy and limited to 256 colours. But what began as a compression technique to make image files smaller has become a means of expression for millions of people.
Every second of every day, people use engines such as Tenor and Giphy to search for animated Gifs – usually of reactions by celebrities – that perfectly match their mood. These search engines have become both a barometer of public emotion and a window into a person's feelings. That kind of information has great value these days. Facebook, when it bought Giphy last week, put a price on it: $400 million (Dh1.5 billion).
The rise of Gif has been unusual. It was invented by a team at Compuserve – one of the first US internet service providers – in 1987, two years before the birth of the World Wide Web. Reducing the file size of images was crucial in the days of grindingly slow modems, and in the web’s infancy they were used liberally (some might say grotesquely) to liven up otherwise dull pages of text. Gifs soon gained the ability to animate and loop, but their basic format has not changed for decades.
Their function, however, has.
The knack of these images in grabbing the eye made them the perfect advertising format; Gif banner adverts were used in billions during the dotcom boom. More sophisticated, shinier animation formats such as Flash would eventually make Gifs look old hat, but the dawn of social media and websites such as Reddit and Tumblr gave them a new lease of life. Images of American actors Orson Welles clapping earnestly and Leonardo DiCaprio raising a glass would become part of the web lexicon (describing sarcastic appreciation and ironic celebration, respectively). In a few animated frames of pop culture, Gifs could say things that were too tedious to describe in words.
"When you think of the whole history of how human beings communicate with each other, it's face-to-face," Alex Magnin, Giphy's head of revenue, told marketing publication AdAge. "[What this] is about is human desire to make your communication richer, more visually expressive, more nuanced."
The company's creator, Alex Chung, realised in 2013 that people were searching for a Gif, coming back to a messaging app and pasting it in. Giphy and its competitors became repositories for those files, and access was incorporated directly by the way of custom keyboards. As a result, Gif's popularity surged. Magnin puts the number of searches on his company's platform at more than a billion per day. These searches are not for things, or facts, but emotion and affect.
[What this] is about is human desire to make your communication richer, more visually expressive, more nuanced
Kate Miltner, a researcher at the University of Edinburgh, has had a long-standing interest in Gif culture. Her 2015 project about a Gif keyboard designed for the TV show RuPaul's Drag Race made it clear to her how valuable the associated data was. "One of the key goals from the app was to collect user data – specifically, how many conversations were happening, what content was being used the most frequently and by whom," she says.
Giphy will be now doing that data gathering across many platforms. From the teenage obsessions of TikTok to the corporate communications of Slack, any Gif searches will now route back to Facebook. It provides the Silicon Valley giant not only with crucial data, but also a means to serve advertising. Companies such as Nestle, Nissan and KFC pay to promote branded Gifs ahead of the rest of the pack. "Take search data plus behavioural data to help serve users the Gif that fits their particular emotion, and voila – people are now using your [subtly] branded content to express their own emotions," says Miltner. We are effectively advertising to each other.
The Gif will retain its decades-old capacity to delight and amuse
It is little wonder then why Google (which bought Tenor in 2018) and Facebook are keen to become custodians of Gif. Facebook is looking forward to making "your everyday conversations more fun", it says. That is undoubtedly true; the Gif will retain its decades-old capacity to delight and amuse. But its new role in the social media ecosystem represents, says Miltner, a "multi-level commodification of emotional expression, on the most intimate level".
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
Results
5.30pm: Maiden Dh165,000 (Turf) 1,600m; Winner: Al Battar, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer).
6.05pm: Maiden Dh165,000 (Dirt) 1,200m; Winner: Good Fighter, Richard Mullen, Satish Seemar.
6.40pm: Handicap Dh185,000 (T) 1,200m; Winner: Way Of Wisdom, Tadhg O’Shea, Satish Seemar.
7.15pm: Handicap Dh170,000 (D) 2,200m; Winner: Immortalised, Tadhg O’Shea, Satish Seemar.
7.50pm: Handicap Dh185,000 (T) 2,000m; Winner: Franz Kafka, James Doyle, Simon Crisford.
8.25pm: Handicap Dh185,000 (D) 1,200m; Winner: Mayadeen, Connor Beasley, Doug Watson.
9pm: Handicap Dh185,000 (T) 1,600m; Winner: Chiefdom, Mickael Barzalona, Salem bin Ghadayer
Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
RESULTS
2pm: Handicap (PA) Dh40,000 (Dirt) 1,000m
Winner: AF Mozhell, Saif Al Balushi (jockey), Khalifa Al Neyadi (trainer)
2.30pm: Maiden (PA) Dh40,000 (D) 2,000m
Winner: Majdi, Szczepan Mazur, Abdallah Al Hammadi.
3pm: Handicap (PA) Dh40,000 (D) 1,700m
Winner: AF Athabeh, Tadhg O’Shea, Ernst Oertel.
3.30pm: Handicap (PA) Dh40,000 (D) 1,700m
Winner: AF Eshaar, Bernardo Pinheiro, Khalifa Al Neyadi
4pm: Gulf Cup presented by Longines Prestige (PA) Dh150,000 (D) 1,700m
Winner: Al Roba’a Al Khali, Al Moatasem Al Balushi, Younis Al Kalbani
4.30pm: Handicap (TB) Dh40,000 (D) 1,200m
Winner: Apolo Kid, Antonio Fresu, Musabah Al Muahiri
US tops drug cost charts
The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.
Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.
In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.
Some of the costliest drugs worldwide include Lipitor for high cholesterol.
The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.
High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.
500 People from Gaza enter France
115 Special programme for artists
25 Evacuation of injured and sick
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FOLD%204
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Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Company%20profile
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Company profile
Date started: January, 2014
Founders: Mike Dawson, Varuna Singh, and Benita Rowe
Based: Dubai
Sector: Education technology
Size: Five employees
Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.
Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)