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Adobe

  • Jess Weatherbed reporting at The Verge writes: Following mounting pressure from regulators in the UK and EU, Adobe and Figma announced on Monday that both companies are mutually terminating their merger agreement, which would have seen Adobe acquire the Figma product design platform for $20 billion. As a result of the termination, Adobe will be required to pay Figma…

  • Adobe announced it’s acquiring Figma, the definitive collaborative design tool in a deal valued at $20 billion in cash and stock

  • General Magic was probably the single-most important project of the 20th century. Originally spun out of an internal Apple project. The at-the-time CEO, John Sculley later joined the board of General Magic and despite Apple’s minority stake in General Magic, attempted to cannibalize their research and neuter their products: Even though the company folded shortly…