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FIG stock heads for best month this year: CEO says 'Design is the answer' as AI makes coding cheaper

Figma CEO Dylan Field said the company’s new AI Design Agent is built to understand the context of design files and automate repetitive work. ・Field said AI can take over routine tasks, allowing ...
RealClearPolitics

Figma CEO's Familiar Path: College Dropout To Tech Billionaire

After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6 billion.
Forbes

Adobe Terminates $20 Billion Deal For Figma—Both Firms Say There’s ‘No Clear Path’ For Regulator Approval

Adobe will terminate its $20 billion deal to acquire the software company Figma, after both companies indicated there is “no clear path” for approval from antitrust regulators in the European Union ...
Wall Street Journal

Adobe Scraps $20 Billion Acquisition of Figma

Adobe ADBE-1.97%decrease; red down pointing triangle has called off its planned $20 billion acquisition of the collaboration-software company Figma, weeks after a U.K. regulator warned that the deal ...
TechCrunch

Of course the Adobe-Figma deal is anti-competitive

Shares of Adobe sold off following last week’s news that the United States government is “getting ready to file suit to block the $20 billion Adobe-Figma deal announced last year on the grounds it is ...
The Verge

Adobe refuses to compromise on its bid for Figma

Adobe is refusing to make accommodations to soothe the CMA’s competition concerns over its $20 billion bid for Figma. Adobe is refusing to make accommodations to soothe the CMA’s competition concerns ...