Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.

Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while Shutterstock shareholders will own 45.3%. Getty Images also owns the iStock and Unsplash brands. The company will simply be called Getty Images.

"We see increased usage in our stock content from our AI customers, and we're seeing new customers coming into the franchise for our AI products," Hennessy said. "There's a one pl

Naomi Biden, the eldest daughter of Hunter Biden and Kathleen Buhle, previously announced her pregnancy on Election Day in November

Jill Biden introduced her and President Joe Biden's first great-grandchild to the world Jan. 8 by sharing the first photos of Naomi Biden's son.

President Joe Biden and wife Jill have shared the first photo of their great-grandson. The couple announced on Wednesday that their granddaughter Naomi Biden had welcomed her first child. Naomi and her husband Peter Neal have named their son,