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In this article ADBE Shantanu Narayen, CEO of Adobe Systems Inc. David Paul Morris | Bloomberg | Getty Images Adobe announced Thursday that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock. Figma, founded in 2012, creates cloud-based design software that allows teams to collaborate in
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A trader works at the New York Stock Exchange NYSE in New York, on Aug. 26, 2022. Xinhua News Agency | Getty Images The six largest U.S. tech companies lost more than $500 billion in value Tuesday after an unexpectedly high August inflation report sent tech stocks tumbling. The consumer price index was up 0.1%
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A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon‘s top executive overseeing workplace health and safety is leaving the company next month, CNBC has learned. Heather MacDougall, who joined Amazon
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In this article ETH.CM= BTC.CM= Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin surged on Friday breaking back above the $20,000 mark as the U.S. dollar weakened
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Deepak Ahuja joined Zipline as Chief Business and Financial Officer in 2022. Courtesy Zipline Former Tesla CFO Deepak Ahuja will join Zipline’s leadership team as the company’s chief business officer and CFO, Zipline announced Friday. Zipline is a Silicon Valley-based robotics company that delivers supplies to hard-to-reach areas using drones. It initially focused on medical
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