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The Latest Breaking News from Adobe

Figma is unlikely to find another buyer willing to pay $20 billion

“There are not any buyers that can get near that price,” one banker told Fortune.

Fortune

TV Tech Announces Winners of 2023 Best in Market Awards for M&E

Recipients were honored for excellence in innovation, value, feature set and ease of use

TV Tech

After Adobe deal died, Figma summoned employees from company-wide PTO to town hall

Some employees were expecting payouts that would allow them to become homeowners.

Fortune

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read the most diverse news in one place.

Salesforce And Adobe Rival Supercharges AI — And New Breakout

As Salesforce and Adobe tap artificial intelligence, fellow CRM leader HubSpot powers AI and 130% growth, lifting HUBS stock into buy range.

Investors Business Daily

Adobe loses Figma and (almost) everyone wins

The collapse of the $20 billion Adobe-Figma takeover comes with considerable upside for most players.

Fortune

Adobe-Figma $20B acquisition is the latest casualty of anticompetitive regulators

More and more, private market investors are seeing their paths to exit dry up.

Fortune

Figma fans are delighted as the design app escapes being gobbled up by Adobe

Adobe fails in buying Figma due to EU regulatory pressure, although the latter may still be looking for a buyer.

TechRadar

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Dow Jones Up As Netflix Clears Entry; Cathie Wood Buys This Soaring Stock, Sells Bitcoin Plays

The Dow Jones rose. Cathie Wood snapped up a stock on a strong run but sold Bitcoin stocks. Netflix stock cleared a buy point but Apple fell.

Investors Business Daily

Adobe won't buy Figma after all

Creatives react as the controversial merger is called off.

Creative Bloq

Dow Jones Holds Record Highs In Santa Claus Rally; Three Magnificent Seven Stocks Rise

Dow Jones continued to rise to record highs after economic data Monday. Tesla rival Nio surged on a new investment. Nike, Micron earnings loom.

Investors Business Daily

Adobe drops $20bn takeover of Figma after EU and UK regulator concerns

UK’s CMA said deal would threaten competition in the product design, image editing and illustration markets

The Guardian - UK

Adobe-Figma Billion Deal Cancelled Amid European Antitrust Concerns

Adobe/Figma bn merger called off due to European antitrust concerns. Faced with potential lessening of competition, they mutually agree to terminate.

Top News

Adobe Cancels Figma Acquisition Amid Regulatory Objections

Adobe on Monday announced that it has canceled its $20 billion acquisition of Figma after running into regulatory roadblocks.

Investors Business Daily

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The Street

Adobe ends $20B Figma takeover as EU, UK antitrust regulators object

Adobe said it sees 'no clear path' toward gaining approval for the $20 billion deal from regulators in Europe and the U.K.

Tom’s Guide

Artists turn AI against itself with tools designed to protect their work and break the algorithm — here’s how they are ‘poisoning the well’

Artists are using a new tool called Nightshade that manipulates the pixels in an image so that it looks fine for humans but turns it into something completely random for AI.

Creative Bloq

Adobe’s controversial cancellation policy under FTC investigation

The company could face serious fines.

Investors Business Daily

Stock Market Rally Surges To 2023 Highs As Fed Pivots Toward Rate Cuts: Weekly Review

The Dow Jones hit a record high while the S&P 500, Nasdaq and Russell 2000 set 2023 highs as the Fed signaled multiple rate cuts next year.

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iMore

Upsetting the Apple cart? The FTC is investigating Adobe’s subscription cancellation practices

The U.S. government agency wants to ensure companies provide consumers with an easy way to cancel digital subscriptions

Digital Camera World

Apple iMac M3 review

The iMac M3 has lots of power and that 24-inch 4.5K screen is to die for, but the base models do need more RAM and storage

Investors Business Daily

Dow Jones Futures Rise As Small Caps Soar; Tesla Leads 5 New Stocks In Buy Areas

Small caps and midcaps jumped to 2023 highs while tech giants limited gains on the major indexes. Tesla flashed a buy signal.

Investors Business Daily

Stock Market Erases Gains As Indexes Stumble; Solar Stocks Shine

The Dow Jones index reached another high but the market weakened in afternoon trading. CAT stock jumped.

Windows Central

Lenovo's refreshed ThinkPad X1 laptops supercharge business features with AI powered by new Intel Core Ultra processors

Lenovo just announced refreshes of its ThinkPad X1 Carbon and ThinkPad X1 2-in-1. The new laptops run on the newly launched Intel Core Ultra processors that feature an NPU for AI features.

The Street

Adobe shares off as revenue outlook lags Wall Street estimates

The graphics-software stalwart reported stronger-than-expected adjusted fiscal-fourth-quarter earnings but a weaker-than-expected revenue outlook.

Investors Business Daily

Dow Jones Rallies After Surprise Jobless Claims, Retail Sales; Adobe Dives On Earnings

The Dow Jones rallied Thursday after a surprise drop in initial unemployment claims and U.S. retail sales. Adobe stock dived on earnings.

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