Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
Figma’s much-anticipated IPO: All you need to knowFigma, a cloud-based design platform, has filed for a high-profile US IPO after scrapping its $20 billion Adobe deal. Valued at $12.5 billi...
Figma CEO Dylan Field laments demise of $20 billion deal with AdobeThe companies had promised it was a way to "usher in a new era of collaborative creativity," but regulators in three jurisdictions saw it a...
Adobe, Figma shelve $20 billion deal after hitting regulatory roadblocksBritain's competition watchdog earlier said on Monday that Adobe would not propose remedies to resolve regulatory concerns regarding the bu...
Why has Adobe and Figma called off $20 billion mergerAdobe and Figma's $20 billion merger, aimed at reshaping creativity, crumbles under regulatory scrutiny. As Adobe's CEO cites shared vision...
UK regulator says Adobe's $20 billion Figma deal could harm sectorThe deal would eliminate competition and remove Figma as a threat to Adobe's flagship Photoshop and Illustrator products, according to find...
Adobe open to discussions with EU on Figma deal remedies, says chief counselPhotoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to ...
Adobe's Figma deal faces EU competition investigationThe European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a...
Adobe's $20-billion Figma deal faces full-scale EU antitrust probeThe move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
UK announces in-depth probe of Adobe's $20 billion Figma dealBritain's antitrust regulator on Thursday announced an in-depth probe of Adobe's $20 billion bid for cloud-based designer platform Figma, a...
EU antitrust regulators set August 7 deadline for Adobe-Figma dealBritain's competition watchdog on Friday gave Adobe a week to offer remedies to address its concerns or face a deeper investigation.
UK regulator may refer Adobe's $20 billion Figma deal to deeper probeThe Competition and Markets Authority (CMA) said the deal would be referred to a phase 2 investigation "unless the parties offer acceptable...
Adobe's $20 billion deal to acquire Figma under threat from EU regulatorsEU authorities plan to push forward with a detailed investigation, over anti-competition concerns, which could take many months and may ult...
Adobe's $20-billion Figma buyout deal under UK competition watchdog scannerUK Competition and Markets Authority (CMA) said it has set June 30 as the deadline for its phase 1 decision on the Adobe-Figma deal.
Adobe will need EU okay to acquire Figma, regulators sayThe move by the European Commission underlines regulators' worries on Big Tech acquiring smaller innovative rivals and the impact on compet...