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Adobe Stock Falls As Feds Move To Block $20 Billion Figma Purchase

[ad_1] Adobe (ADBE) stock fell Friday on news that the U.S. Department of Justice plans to block the software giant’s…

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Technology

Adobe could face legal action over $20bn Figma deal

[ad_1] Adobe’s $20 billion deal to acquire Figma could be about to hit another roadblock, with whispers of a legal…

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Technology

Source: the DOJ is preparing to file an antitrust suit to block Adobe's Figma acquisition as soon as next month; Adobe says it expects to close the deal in 2023 (Bloomberg)

[ad_1] Bloomberg: Source: the DOJ is preparing to file an antitrust suit to block Adobe’s Figma acquisition as soon as…

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Stock Market

Adobe stock drops on report DoJ will seek to block Figma deal

[ad_1] Adobe Inc. ADBE, -0.49% shares dropped in the extended session Thursday following a report that the Department of Justice…

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Technology

An interview with CEO Dylan Field on scaling Figma, selling the company to Adobe, retaining autonomy, WebGL, making VR Figma for the metaverse, AGI, and more (Nilay Patel/The Verge)

[ad_1] Nilay Patel / The Verge: An interview with CEO Dylan Field on scaling Figma, selling the company to Adobe,…

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Technology

Sources: the US DOJ is preparing to open an in-depth probe into Adobe's $20B takeover of Figma and has been contacting customers, competitors, and investors (Josh Sisco/Politico)

[ad_1] Josh Sisco / Politico: Sources: the US DOJ is preparing to open an in-depth probe into Adobe’s $20B takeover…

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Technology

Adobe's Scott Belsky says the company plans to integrate Figma without changing its pricing or UI, add support for other Adobe tools, and more (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Adobe’s Scott Belsky says the company plans to integrate Figma without changing its pricing or…

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Technology

Adobe argues Figma will help it rethink design tools for the cloud era; Adobe's competing product, XD, generated just $15M in annual revenue after seven years (Ina Fried/Axios)

[ad_1] Ina Fried / Axios: Adobe argues Figma will help it rethink design tools for the cloud era; Adobe’s competing…

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Technology

Adobe's Figma retention package may be the biggest since Facebook bought WhatsApp in 2014, exceeding deal packages from Auth0, LinkedIn, Mobileye, and Slack (Alex Konrad/Forbes)

[ad_1] Alex Konrad / Forbes: Adobe’s Figma retention package may be the biggest since Facebook bought WhatsApp in 2014, exceeding…

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Technology

Adobe is buying Figma for $20 billion – but not everyone thinks that’s a good idea

[ad_1] Adobe has announced its intentions to buy online collaboration tool Figma for $20 billion.  The half-cash/half-stock deal, which has…

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