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Adobe Is Focused on AI Rather Than Figma With Acquisition in Limbo

(Bloomberg) Adobe Inc.’s proposed $20 billion acquisition of Figma was a cornerstone of the creative giant’s plan to become cool again.Most Read from BloombergHundreds Dead at Gaza Hospital as Israel, Hamas Trade BlameIsrael Latest: Biden ‘Deeply Saddened’ Over Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?UPenn Donors Pile Pressure on School as David Magerman Pulls SupportBut more than a year after the deal for

Adobe s $20 Billion Figma Takeover Hit by In-Depth EU Probe

(Bloomberg) Adobe Inc.’s $20 billion takeover of Figma Inc. is set for an in-depth European Union investigation over concerns the deal could harm global competition for software used by designers.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Bac

Adobe s $20B Figma Takeover Hit by In-Depth EU Probe

Adobe s $20B Figma Takeover Hit by In-Depth EU Probe
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