Adobe snaps up Figma in proposed $20B deal that has some scratching their heads • TechCrunch

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Blissful Thursday! Has everybody recovered from Zoom taking place this morning? Don’t fear, Zoom is again up, but when something, we hope it helped you might have a quieter day…for some time not less than.  — Christine and Haje

The TechCrunch Prime 3

  • One rival at a time: The digital design world obtained a deal with immediately when Adobe introduced it was shopping for Figma, considered one of its greatest rivals, in a $20 billion deal that has each traders and Figma fanatics pondering what is going to change and if these modifications will probably be dangerous, Ingrid stories. In the meantime, Alex offers his take on the deal over in TechCrunch+ land.
  • “The Merge” is right here: Speak of “The Merge” has been with us for weeks, and immediately it’s lastly right here. When you don’t observe cryptocurrency, which means that Ethereum, considered one of crypto’s hottest blockchains, has now switched to proof-of-stake consensus, which additionally means it can now devour quite a bit much less electrical energy, Romain writes. And for TC+, Jacquelyn tells us why it issues that Lido, Coinbase, Kraken and Binance have a majority stake of ETH.
  • There’s a repair for that: Apple is clearing a path for straightforward iPhone 14 integration with a setup repair. Ivan has extra.

Startups and VC

Right this moment, Haje has been working round at Micromobility America. They insist on utilizing the MMA acronym, so he’s anticipating a fist to the face any second, however thus far the one threat of harm has been from neck-breaking micromobility within the type of electrical rollerblades. It’s most likely a coincidence that Kav introduced it’s spooling up a 3D printing manufacturing facility for bike helmets on the identical day.

Seems like mobility is in every single place lately — Matt notes that mobility startups are filling the void in a Detroit auto present that’s a shell of its former self.

The TechCrunch workforce has been terribly busy. There’s a wall of reports on the TechCrunch homepage; right here’s a couple of of those that caught our eye this nice Thursday:

Pitch Deck Teardown:’s $9.8M Collection A deck

Serving to small- and medium-sized enterprises with their controlling, reporting and budgeting could not sound thrilling, however Austrian fintech startup’s storytelling abilities excited traders sufficient to boost a $9.8 million Collection A in July.

Aside from some particulars relating to unit economics and income, Helu shared its total successful pitch deck with us. As these slides counsel, its founders took an easy method:

Drawback: “The CFO’s ache is Excel.”

Answer: “Goodbye Excel sheets.”

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You’ll be able to enroll right here. Use code “DC” for a 15% low cost on an annual subscription!)

Huge Tech Inc.

At any time when Name of Obligation is talked about, we will’t assist however recall Rashida Jones’s character in “The Workplace” giving the sport a shout-out. In immediately’s case, Jordan was there as Activision unveiled what the sport’s subsequent technology will seem like.

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