Shares of Adobe (NASDAQ:ADBE) have been left out of the great AI rally amid rising competitive pressures from rivals who’ve ...

Dixie Tech’s Digital Design program made a national splash with three gold medal wins at the 2025 SkillsUSA competition.

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with ...

The main Department of Justice building, across from the National Archives in Washington, was the kind of brooding edifice ...

After a pause last week for the Fourth of July holiday, the startup world remained bustling with news, milestones, and surprises. Here are the highlights from the global startup landscape to keep you ...

Design software company Figma officially filed for an initial public offering (IPO) on Tuesday, planning to trade on the New York Stock Exchange under the ...

In what appears to be the most extensive public offering in the history of design software, collaborative design software Figma is poised to open its IPO for a potential listing on the New York Stock ...

When Adobe first announced its plans to acquire Figma for about $20 billion in September 2022 ... Regulators, meanwhile, questioned whether the proposed deal would stifle competition. “In particular, ...

Adobe was obligated to pay Figma a reverse termination fee of $1 billion in cash following the deal’s termination, according to filings with the Securities and Exchange Commission.

Adobe, which this year announced its own ambitious generative AI plans and is sitting on some $6 billion cash, is no longer Figma’s future owner—it may now be its competition.

Shantanu Narayen, chair and CEO of Adobe, said "we believe it is in our respective best interests to move forward independently" about the failed acquisition of Figma.

Adobe was pursuing an acquisition of its most intriguing competitors in years, but the attempt ultimately failed due to antitrust scrutiny in the Europe. Adobe has lost interest in acquiring Figma.