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Adobe to pay Figma a $1B breakup fee after European regulators scuttle proposed merger

Adobe to pay Figma a $1B breakup fee after European regulators scuttle proposed merger
fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.

United kingdomMargrethe vestagerKirk materneAnurag ranaShantanu narayenEuropean commissionMeta platforms incJustice departmentChief executive officer shantanu narayenNew yorkMeta platformsMarkets authorityFigma chief executive officer dylan field

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

Adobe Is Focused on AI Rather Than Figma With Acquisition in Limbo
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United kingdomMichael turrinDana raoLos angelesShantanu narayenScott belskyLeah nylenWells fargoUs department of justiceEuropean unionBloomberg adobe incFigma chief executive officer dylan fieldAdobe chief strategy officer scott belskyBloomberg newsGeneral counsel dana raoAdobe chief executive officer shantanu narayen

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

United kingdomLos angelesDana raoBloomberg businessweekLeah nylenMichael turrinScott belskyShantanu narayenWells fargoEuropean unionBloomberg adobe incUs department of justiceFigma chief executive officer dylan fieldAdobe chief strategy officer scott belskyBloomberg newsGeneral counsel dana rao