Figma Files for IPO After Adobe Deal Collapse

Design software maker Figma has confidentially filed for an IPO with the SEC, following the collapse of its $20 billion Adobe acquisition due to regulatory hurdles. The move comes as tech IPOs face uncertainty. Valued at $12.5 billion in 2024, Figma continues to grow, backed by top investors and earning $600 million annually.

Read more on CNBC

Adobe Launches AI Video Generator

Adobe launched Firefly Video Generator, enabling video creation from text or images in Adobe Premiere and a new Firefly web app. It offers customization, supports 1080p, and is commercially safe with Content Credentials for transparency. Plans include Firefly Standard ($9.99) and Pro ($29.99) monthly.

Read more on zdnet

X