Shares of Adobe (NASDAQ:ADBE) have been left out of the great AI rally amid rising competitive pressures from rivals who’ve used generative AI as a battering ram to gain a growing slice of the ...

Dixie Tech’s Digital Design program made a national splash with three gold medal wins at the 2025 SkillsUSA competition.

The main Department of Justice building, across from the National Archives in Washington, was the kind of brooding edifice ...

Design software company Figma officially filed for an initial public offering (IPO) on Tuesday, planning to trade on the New York Stock Exchange under the ...

The design-software firm has drawn up plans to go public 18 months after competition authorities erased its $20 bln sale to ...

The S&P 500 rose to a record as investors await June’s payroll report. Dow dipped, Nasdaq jumped. Tesla, banks, and tech stocks in focus.

In what appears to be the most extensive public offering in the history of design software, collaborative design software Figma is poised to open its IPO for a potential listing on the New York Stock ...

Less than two years after agreeing with Adobe to call off plans for a megadeal, Figma has filed IPO paperwork and could embrace Wall Street in its own right.

Figma filed its IPO prospectus on Tuesday, as the design software vendor looks to raise money and awareness to take on Adobe.

Adobe was obligated to pay Figma a reverse termination fee of $1 billion in cash following the deal’s termination, according to filings with the Securities and Exchange Commission.

Adobe, which this year announced its own ambitious generative AI plans and is sitting on some $6 billion cash, is no longer Figma’s future owner—it may now be its competition.

Shantanu Narayen, chair and CEO of Adobe, said "we believe it is in our respective best interests to move forward independently" about the failed acquisition of Figma.